Health insurance is something that you should definitely consider even at your youth because you just never know what might happen. One thing is for sure though, as you age, you might find yourself visiting the clinic or hospital more often than you did when you were in your 20s. As such, it is even more important to get some health insurance that can protect you well past your retirement age.
According to the Statistics Department, most Malaysians on average live until they about 70 – 80 years old. As such, it is advisable for you to get a health insurance plan that can protect you until you are 80 years old. Make sure the health insurance plan covers critical illnesses and contain unique benefits that can be used during your golden years.
For example, you can check out AIA’s A Plus Health medical card designed to provide you with a complete health solution. It comes with comprehensive medical coverage that protects you against escalating medical costs and is the first to also provide coverage for recovery treatments and medical related equipment. It features a Health Wallet whereby if you don’t make any claims within one year – you’ll get additional benefits like free screening, vaccinations etc.
Another plan you could check out is AIA’s A-EnrichGold-i savings plan. It’s a short-pay savings plan that provides Takaful coverage and potential growth in investments, allowing you to maximise the return on your money. It offers protection, savings, education, and investment Takaful products as well as investment advisory and wealth management services.
In conclusion, retirement is supposed to be stress free not stressful. If you keep in mind the above tips of proper financial planning, making sound decisions and perhaps some courage to experiment with some post-retirement careers, your golden years will truly be shining indeed.