Friday, April 14, 2017

Should you buy a supplementary for your long term care insurance?

Eldershield is an insurance policy that pays a monthly benefit to the policyholder who has a long term disability and needs long term care from a care giver. Some insurance companies have offered a supplementary to Eldershield. It pays an additional monthly benefit to supplement what is paid by Eldershield.

Should you buy the supplement? Here is an analysis of the MyCare policy provided by Aviva. They are one of the active providers of this supplementary insurance.

http://www.fisca.sg/ArticleDisplay.aspx?ID=313

Before you sign a contract to spend several thousand dollars on this insurance, read my analysis of this insurance policy.

1 comment:

  1. Mr. Tan, many consumers don't take your advice, they deserve to get burned or scammed. You are trying to help them but they don't heed.

    ReplyDelete