My father just fully retired (he's 74 this Nov). With that, his Co's insurance is cancelled (it covers dependant, ie my mom who has never worked her entire life). On top of Medishield and IPS, is it necessary for them to now take on any other insurance for hospitalisation/health? Thanks in advance.
You may want to get a Personal Accident plan, last entry age would be 75 for some policies.
You won't be able to purchase any other insurance policy and it wouldn't be necessary as well. Just hold on to the Integrated Shield Plan.
Post retirement there are only a few things to look out for.
This 4 are what I would recommend for people reaching retirement or already post-retirement to look out for.
Hope this helps you out!
there is careshield life coming
it is not neccessary...and furthermore not many plans are available for age 70and above..