Insurance Talk V7!, Your one stop Insurance Discussion
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 Apr 4 2024, 07:21 PM
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#1
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Junior Member
55 posts Joined: Jul 2011 
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AIA ExcelCare only covers up to age 70.
The premium increase by at least 15% each year due to the age of parents and premium now is almost 10k. Looking for alternative now, anyone had any thought on HLA Asset Elite? If it's still too expensive, may consider putting the money to be spent on insurance into savings instead. Any advice would be greatly appreciated! Thanks! |
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Apr 4 2024, 08:14 PM
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#2
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Junior Member
55 posts Joined: Jul 2011
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QUOTE(lifebalance @ Apr 4 2024, 07:32 PM) Hi, the plan you shared is different from your existing plan which is a medical plan. I see, didn't realize that, was just looking at the age of coverage. yeah it's medical protection for parents reaching 70.Again what's your objective? Medical coverage for your parents?  |
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Apr 4 2024, 08:15 PM
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#3
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Junior Member
55 posts Joined: Jul 2011
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QUOTE(MUM @ Apr 4 2024, 07:27 PM) Just asking ...how old are your parents now? reaching 70.Just a thought....what ever you had saved ( especially the 1st 5 yrs) may be wiped out by just a simple operation.... yeah, medical costs nowadays are getting out of hand. |
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