Contributed by Michelle Ee, Wealth Management Director, Financial Alliance Pte Ltd
(The contributor can be contacted at email@example.com)
While advances in medical science helps to prolong our lives, it also increases our health care and treatment costs. Therefore, it is crucial to have medical insurance – such as critical illness insurance and hospitalisation insurance – help pay for these costs. However, many people are confused over how critical illness insurance & hospitalisation insurance works. Here are some quick pointers to help you understand.