What are the needs of a juvenile and what are the important things to take note of? Possible financial lost that will cause hardship to parents will be:

• High medical bill due to hospitalization of the juvenile; and
• High expenses due to critical illnesses of the juvenile.

For juvenile, it is important to note that many insurers exclude the whole life critical illness that originates from congential diseases. Some have a waiting period of the first 7 years of the child’s life while others permanently exclude it. Others will cover it without waiting period.

In terms of hospitalization insurance, some permanently exclude congential diseases while others have a waiting period of 2 years before they are willing to provide the cover.