Monday, May 01, 2017

Should I buy long term care insurance (supplement to Eldershield)

A consumer asked me - I am covered under permant total disability under a term insurance policy. Should I buy long term care insurance (i.e. private eldershield)?

He is asking the wrong question. The correct question should be - do I need to buy long term care insurance? Am I paying a fair premium? What is the chance of making a claim? Should I be insured, or self-insured?

The anser can be found in this article in the FISCA website - should I buy a supplement to Eldershield?

http://www.fisca.sg/Article.aspx?Keyword=eldershield

1 comment:

GrayMatter Software Services said...

Useful Article for the Insurance industry. Register here for a Free demo on Insurance Analytics (IA+) and also
Predictive Analytics in Insurance business

Blog Archive