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‘More’ may not always be better, and this applies to your health insurance coverages 🏥 When deciding whether an IP is suitable for your needs, it is important to consider what you already have under MediShield Life, whether you can afford the higher premiums in the long run, and the opportunity cost – whether the benefits of the IP outweigh the potential sacrifices in other areas of your financial life. 🤔 Need help in going through the various considerations? Head here 👉cpf.gov.sg/IPConsiderationsTG Want easy access to simple and engaging guides on financial and CPF matters? Follow us on Telegram @CPFBoard for all the important tips!