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 Insurance Talk V3, Anything and everything about insurance

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melvin471
post Feb 24 2016, 10:22 PM

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Junior Member
228 posts

Joined: Jan 2011
Hi Sifus,

I am a fresh grad just starting working life a year ago, looking to buy insurance.

May I know any advise on how much of medical coverage should I need?

Is there a percentage based on income or something?

I work in the office (not risky job) 25yo this year.

Many Thanks!
melvin471
post Feb 24 2016, 10:38 PM

Getting Started
**
Junior Member
228 posts

Joined: Jan 2011
QUOTE(lifebalance @ Feb 24 2016, 10:24 PM)
You may get a medical card couple with some life insurance and critical illness with a waiver, depending on your lifestyle and your role in your family and also your future planning. Feel free to arrange a time to meet up for consultation if you're keen
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Lifestyle: hiking, gym, badminton, swimming, go pubs, party.
have 4 siblings all provided for themselves. mom and dad also support themselves.

any idea roughly how much premium should i be getting?

GE quoted me 3k annually (1.2m medical coverage), is it over insured?

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