Hi all,

I heard some say its better to buy insurance when we are young. I'm now 23 (by year) and 22 (by month), still 1 more month before I turn 23. So may I know among AIA, Prudential and GE, if I were to buy an insurance plan, which of them count the starting year from age 22 and not 23? I heard from 1 of my friend that AIA is count by month and GE is by year, is this true?

Thanks.

hmmm thanks. hope more can provide me details.

Ic. So mean if I get a plan now, AIA will count me start from age 22? How about other insurance company?

is this true? if yes then I dont need to hurry and get 1 plan now before my birthday. can take more time to study which is suitable to my needs.

Thanks for the feedback guys. Anyway since my parents already bought insurance for me, but when my friend (an insurance agent) studies my insurance policy he says maybe I could consider to get another insurance to add up to the sum assured of my current plan. So you guys think should I get an additional plan? How much is enough for sum assured?

Thanks.

Hi,

my current insurance plan only pays the following:

10k for natural death
10k + 10k for accidental death
10k + 15k for TPD
10k + 10k + 15k for accidental TPD
15k for 36 CI

Is the above coverage enough? Should I get another plan to add up the coverage?

Thanks.

Hi,

So what I need now just to add more coverage to critical illness protection and medical coverage? Then is medical card = medical coverage?

Thanks.

Hi,

but I already had a medical card. Just the coverage I think not so high. So should get another medical card with better coverage? Since only one of it can be used.

Thanks yewkhuay & bengang13 for the guidelines.

I'll give priority to medical coverage and critical illness. So if my current medical coverage is not sufficient, is it ok for me to get another with better coverage? Then how about my current medical card? Can cancel it?

And may I know what does PA means?

Thanks.

Hi all, want to ask usually maximum how many % of our income should spend in insurance?

Thanks.

oh, so mean if i earn 2k a month, so max i should spend in insurance is around 200 right?

Hi,

Yes I currently allocate nearly 40% of my income as my savings as I don't have any other commitment yet. So do you think if its ok for me to use 10% of my income for insurance?

Thanks.

I see. Thanks for the input