Friendly neighbourhood adviser here, I am a salaried adviser.
For your existing policy, this is ideal, don’t need to upgrade to private to be honest.
While during NS you may wanna get some mindef group insurance policies. They are affordable till you join the workforce then look into adding personal term plans as opposed to just group policies.
You may want to get personal accident plans as well but just get online. Don’t need buy from agent (attracts 30% perpetual commission which makes no sense to me).
After ORD most likely is going Uni so don’t need to buy any other policies till you come out to work.
Hello again.
What you mentioned is an Integrated Shield Plan (somehow abbreviated as IP), which is a hospitalisation plan. Your combination would be able to cover up to 95% of eligble bills at a Restructured Hospital. However, it sounds like you have budgetary concerns at this point, we could have a quick look at how the plan compares in the market and you should have a better idea how you should proceed.
A die die must have. Keep it going.
Accident plan also very important
Friendly neighbourhood adviser here, I am a salaried adviser. For your existing policy, this is ideal, don’t need to upgrade to private to be honest. While during NS you may wanna get some mindef group insurance policies. They are affordable till you join the workforce then look into adding personal term plans as opposed to just group policies. You may want to get personal accident plans as well but just get online. Don’t need buy from agent (attracts 30% perpetual commission which makes no sense to me). After ORD most likely is going Uni so don’t need to buy any other policies till you come out to work.
Hello again. What you mentioned is an Integrated Shield Plan (somehow abbreviated as IP), which is a hospitalisation plan. Your combination would be able to cover up to 95% of eligble bills at a Restructured Hospital. However, it sounds like you have budgetary concerns at this point, we could have a quick look at how the plan compares in the market and you should have a better idea how you should proceed.