Your Questions Answered Here › Looking for comprehensive medical card n critical illness n hospital benefit for 20yr old
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Anna asked 3 years ago

Hi whats d best insurance company n what shud beput inside so my son no need to worry anytin at all till he's 85 90. for a budget of 220 average . My concern no shock cannot claim this n that n dont i pay n pay 40 yrsover then say mypremiumcannotsubstain,need to increase. tqvm

3 Answers
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ERIKA Staff answered 3 years ago

Hi Anna, the best insurance company or product can only be determined bases on your needs.

As for your son, you can determine the type of insurance and amount of insurance type he needs by understanding these: https://askcf.com/needs1/ & https://askcf.com/needs2/

re: "no shock cannot claim" incident - then you need to read this Exclusion List 1 & Exclusion List 2 to understand what insurance companies do not cover when it comes to health insurance.

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Anna answered 3 years ago

oh i tot d team will help decide;). Can at least let me know wic aia or ge orprudential wud is d team's preferred one for super hassle free in all aspect generally ? Also theyre saying substanable according to pperformance not guarantee . One say another can give until 75 tho claim with same premium up to 90. So my friend says then shud choose d most stable returns is wic company . So wic one yeah pls ?

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ERIKA Staff answered 3 years ago

Anna, just like when you go to see a doctor, the doctor needs to get inputs on your medical history, allergies, your financial budget, etc before doctor can decide on what treatment or medication is best suited for you that you can actually afford.

There is no one-size-fits-all solution without knowing your needs and financial capability.

Same goes for insurance solutions.

There is no such thing as 'super hassle free in all aspect' insurance solutions. The 'hassle-free' comes from you, as a consumer, understanding what insurers cover and what insurers don't cover, at the very beginning, not when you need to claim. If you don't, then all insurers will pose hassle when it comes to claim. In that case, you might be better off NOT buying any insurance at all so there will be Zero Insurance-related hassle.

As for your remark 'substanable according to pperformance not guarantee'....

....then you need to understand these (below)

https://askcf.com/details-ilp/

https://askcf.com/coi-hike/

https://askcf.com/ilp-sustainability/