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Panerex77
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Anyone store your chIld cord blood with cordlife, or even stemcord?

 

Do you think it is a worthwhile "insurance " to buy for your child ?

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Anyone store your chIld cord blood with cordlife, or even stemcord?

 

Do you think it is a worthwhile "insurance " to buy for your child ?

 

Are there any success stories?

Edited by Zogel
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Anyone store your chIld cord blood with cordlife, or even stemcord?

 

Do you think it is a worthwhile "insurance " to buy for your child ?

 

I stored my son's cord blood with cordlife. Worthwhile or not is up to you to decide. It's just for a peace of mind in case there is a need for it.

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Anyone store your chIld cord blood with cordlife, or even stemcord?

 

Do you think it is a worthwhile "insurance " to buy for your child ?

I got for my son.. Not something that really too expensive until cannot afford. If one can afford spending $1-2k per month on car, sure can spend that few hundred per year to play safe.

 

Other than that, of course all the available medical insurance and whole life insurance with critical illness all buy Liao. My mentality is if don't buy, something happens, sure burn bigger hole in wallet

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The fact that you're asking this qn means you're concerned. Just go for it la. Initial about $1600 or so. After that less than $300 a year. Daily less than $1. Cheaper than the cheapest Breadtalk bread.

Edited by Ultramega
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U can store it just for few years. If u think ur baby is strong and healthy, u can stop it after 3 or 4 years. I did that.

 

 

But cord blood related disease may strike any time right, even into adulthood right ?

 

I am thinking of paying everything upfront for 21 years as the overall premium amount is the least.

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my wife and I donated the umbilical cord blood this year to the public bank.

Personal views only.

 

Rationale:

a) Cordlife stores your cord blood. But is it even usable in the 1st place?

You do know that Cordlife never does any testing to see if the sample is usable? they only make sure there is no infectious disease within the sample.

FYI, >50% of the public bank's samples are deemed not suitable for donation (insufficient cells quantity etc). The public bank actually discards this amount straight away. According to the public bank, only 30+% will be kept beyond 1 year.

 

b) If you have a major illness requiring stem cell therapy (common fear is cancer), your own precursor cells may well have the same cancerous potential

 

c) extremely limited scope of usage given current medical technology

 

That being said, i don't think it's a ridiculous amount to pay if it gives u additional peace of mind.

There are some of my peers who bank with Cordlife, some who donate to public bank. Lol some don't bother.

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my wife and I donated the umbilical cord blood this year to the public bank.

Personal views only.

 

Rationale:

a) Cordlife stores your cord blood. But is it even usable in the 1st place?

You do know that Cordlife never does any testing to see if the sample is usable? they only make sure there is no infectious disease within the sample.

FYI, >50% of the public bank's samples are deemed not suitable for donation (insufficient cells quantity etc). The public bank actually discards this amount straight away. According to the public bank, only 30+% will be kept beyond 1 year.

 

b) If you have a major illness requiring stem cell therapy (common fear is cancer), your own precursor cells may well have the same cancerous potential

 

c) extremely limited scope of usage given current medical technology

 

That being said, i don't think it's a ridiculous amount to pay if it gives u additional peace of mind.

There are some of my peers who bank with Cordlife, some who donate to public bank. Lol some don't bother.

 

We did the same too after rationalising the pros & cons. Like u said, there's no gurantee that the amt kept is enough & usable in the event of need. High chance that the amount may not be sufficient based on advice from gynae. We thought that the money is better spent on good insurrance policies.

 

Again, it's up to individual.

 

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my wife and I donated the umbilical cord blood this year to the public bank.

Personal views only.

 

Rationale:

a) Cordlife stores your cord blood. But is it even usable in the 1st place?

You do know that Cordlife never does any testing to see if the sample is usable? they only make sure there is no infectious disease within the sample.

FYI, >50% of the public bank's samples are deemed not suitable for donation (insufficient cells quantity etc). The public bank actually discards this amount straight away. According to the public bank, only 30+% will be kept beyond 1 year.

 

b) If you have a major illness requiring stem cell therapy (common fear is cancer), your own precursor cells may well have the same cancerous potential

 

c) extremely limited scope of usage given current medical technology

 

That being said, i don't think it's a ridiculous amount to pay if it gives u additional peace of mind.

There are some of my peers who bank with Cordlife, some who donate to public bank. Lol some don't bother.

 

Yup, I'm doing the same too, once my wife gives birth. After some reading up, there is really little chance that you can use back your own cord blood for anything really useful.

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How long do we need need to keep the cord blood? I sign up for my 2nd daughter and has been 5 yrs since. Thinking of stopping it. Some ppl say keep for 7 yrs, not sure what is the recommended duration.

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I got for my son.. Not something that really too expensive until cannot afford. If one can afford spending $1-2k per month on car, sure can spend that few hundred per year to play safe.

 

Other than that, of course all the available medical insurance and whole life insurance with critical illness all buy Liao. My mentality is if don't buy, something happens, sure burn bigger hole in wallet

 

Agree, this is like buying a term insurance. The amount of is nothing compared to what we spend on car.

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my wife and I donated the umbilical cord blood this year to the public bank.

Personal views only.

 

Rationale:

a) Cordlife stores your cord blood. But is it even usable in the 1st place?

You do know that Cordlife never does any testing to see if the sample is usable? they only make sure there is no infectious disease within the sample.

FYI, >50% of the public bank's samples are deemed not suitable for donation (insufficient cells quantity etc). The public bank actually discards this amount straight away. According to the public bank, only 30+% will be kept beyond 1 year.

 

b) If you have a major illness requiring stem cell therapy (common fear is cancer), your own precursor cells may well have the same cancerous potential

 

c) extremely limited scope of usage given current medical technology

 

That being said, i don't think it's a ridiculous amount to pay if it gives u additional peace of mind.

There are some of my peers who bank with Cordlife, some who donate to public bank. Lol some don't bother.

 

Donated to public cord bank as well. No point spending the $ on private banking.

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Anyone store your chIld cord blood with cordlife, or even stemcord?

 

Do you think it is a worthwhile "insurance " to buy for your child ?

 

I feel it is worthwhile. The premium is about 200 plus per year, if you buy for 7 yrs, it cost less than 2k. Still worthwhile.

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my wife and I donated the umbilical cord blood this year to the public bank.

Personal views only.

 

Rationale:

a) Cordlife stores your cord blood. But is it even usable in the 1st place?

You do know that Cordlife never does any testing to see if the sample is usable? they only make sure there is no infectious disease within the sample.

FYI, >50% of the public bank's samples are deemed not suitable for donation (insufficient cells quantity etc). The public bank actually discards this amount straight away. According to the public bank, only 30+% will be kept beyond 1 year.

 

b) If you have a major illness requiring stem cell therapy (common fear is cancer), your own precursor cells may well have the same cancerous potential

 

c) extremely limited scope of usage given current medical technology

 

That being said, i don't think it's a ridiculous amount to pay if it gives u additional peace of mind.

There are some of my peers who bank with Cordlife, some who donate to public bank. Lol some don't bother.

 

Bro Lala's advice is really worth lsitening to [thumbsup]

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Bro Lala's advice is really worth lsitening to [thumbsup]

i just visited their booth..

 

now they have even have storage for the umbilical cord. different uses...another 5k+..

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