Singlife Shield
Singlife
Category
Health Insurance
Coverage
Hospitalisation
Coverage Term
Yearly Renewable
Overview
Singlife Shield is a medical insurance plan that provides a more comprehensive medical coverage and reimbursements for your hospitalisation expenses. It lessens your financial and emotional burden by reducing your out-of-pocket expenses so that you can focus on recovery. Choose between three different plans and receive an annual policy limit of up to $2 million for panel treatments.
Key Features
- Up to $2million annual coverage
- As-charged coverage
- Extra inpatient benefit of $150,000 per policy year
- Up to 20x MediShield Life monthly claim limit for outpatient treatments listed on the Cancer Drug List for one primary cancer
Health insurance helps pay for health care costs in the event of an injury, illness or disability. In general, such plans will fall into two categories: (1) Hospital, and (2) Long-term care.
(1) Hospital plans: Hospital insurance should be prioritised as the foundation of your insurance needs. While all Singaporeans and Permanent Residents are covered under MediShield Life, such plans do not provide as-charged coverage and only offers coverage for Class B2 or C wards in public hospitals.
(2) Long-term care: Payouts from CareShield Life will commence when you are unable to perform 3 out of 6 activities of daily living (ADL). Supplement CareShield Life to receive higher monthly pay-outs if you are disabled and unable to perform 1 or 2 ADLs as specified in your policy.
