Dear Wilfred,

My dad is looking for medical and hospitalisation insurance that he can service through Medisave. I assume it's because he may retire soon and his company insurance will not be portable. Is there any Medisave policy available out there for him? (he's 62 this year) Thanks.

Regards, X

Dear X,

At such an elderly age, he is likely suffering from pre-existing illness. Whether he knows of such pre-existing illness is irrelevant as medical insurance he buys is going to exclude it. Of course I could be wrong but the chances are high. If he buys a medical insurance but later unable to claim from it, he is going to be very angry about it. That is why I always advice all my clients to buy medical insurance early and not to ...