Careshield Life Supplement

[boredboiboi]

GE current careshield supplement has partial payout from 1 ADL. FYI.

Partial, its a benefit. But the main coverage upgrade is either 2 or 3. I duno if u get what i mean

 

[soneat]

Partial, its a benefit. But the main coverage upgrade is either 2 or 3. I duno if u get what i mean

I know insurance matters very well.

I am merely pointing out its technically not correct to say the current careshield life supplement plans cater for 2 or 3 ADLs only.

The current GE careshield life supplement provides 50% payout for 1 ADL and 100% for 2 or more ADLs.

 

[boredboiboi]

I know insurance matters very well.

I am merely pointing out its technically not correct to say the current careshield life supplement plans cater for 2 or 3 ADLs only.

The current GE careshield life supplement provides 50% payout for 1 ADL and 100% for 2 or more ADLs.

Its ok. Nvm. U dont get what i mean. Is 1adl benefit part of 2 adl upgrade?
I also know insurance well too bro, and i know u know insurance well too.
But the main upgrade is 2 or 3 adl which is what u should discuss on.
Discuss 1 and 2 adl under the same upgrade option which the main is 2 adls upgrade, what is the purpose?
then no need discuss ma, since its both under the upgrade of 2adls for GE. We compare if its 2 different plan or 2 different upgrade or 2 differences.

 

[soneat]

Its ok. Nvm. U dont get what i mean. Is 1adl benefit part of 2 adl upgrade?
I also know insurance well too bro, and i know u know insurance well too.
But the main upgrade is 2 or 3 adl which is what u should discuss on.
Discuss 1 and 2 adl under the same upgrade option which the main is 2 adls upgrade, what is the purpose?
then no need discuss ma, since its both under the upgrade of 2adls for GE. We compare if its 2 different plan or 2 different upgrade or 2 differences.

Different people have different way of doing comparison.

I am merely stating a fact (info): GE's current version of Careshield life supplement provides 50% payout for 1ADL and full payout for 100% for 2ADLs and above.

 

[Joe Maya]

Got call from NTUC on this Careshield Life. Should i go with him or check with my current GE agent?

 

[reddevil0728]

Got call from NTUC on this Careshield Life. Should i go with him or check with my current GE agent?

why not look at both? even aviva and see what's best for you? Can compare right?

 

[Joe Maya]

why not look at both? even aviva and see what's best for you? Can compare right?

I already have several insurance but this "Careshield" is something i don't have at the moment.

This gahmen so headache come up with so many different schemes , also low key dissapointed my current GE agent didn't brief me on this careshield.

 

[reddevil0728]

I already have several insurance but this "Careshield" is something i don't have at the moment.

This gahmen so headache come up with so many different schemes , also low key dissapointed my current GE agent didn't brief me on this careshield.

uhuh then find another one?

 

[Joe Maya]

uhuh then find another one?

so in layman's term

this careshield is Mandatory

And there's 3 provider - GE , AVIVA & NTUC

am i right ?

 

[reddevil0728]

so in layman's term

this careshield is Mandatory

And there's 3 provider - GE , AVIVA & NTUC

am i right ?

Not exactly.

Careshield is mandatory for people of a certain age and above.

Careshield LIFE Supplement is optional. and is offered by GE, Aviva, NTUC. it's like if you want to add to the benefit provided by Careshield

 

[Joe Maya]

Not exactly.

Careshield is mandatory for people of a certain age and above.

Careshield LIFE Supplement is optional. and is offered by GE, Aviva, NTUC. it's like if you want to add to the benefit provided by Careshield

All via CPF ?

Which one is your favourite ?

 

[reddevil0728]

All via CPF ?

Which one is your favourite ?

the mandatory portion can be paid via CPF MA.. the supplement portion, you can use up to $600 of your MA per year, any excess premium will be in cash.

My fav is not important, because i have different consideration to yours. Your best bet is to look for an agent who can present you the 3 different options and then you assess for yourself.

 

[exterminazn]

All via CPF ?

Which one is your favourite ?

Cs life is compulsory as long after 30yo, only for Sg and Pr

to upgrade is called Cs supplement

yes all payable by Medisave, but if u feel benefit insufficient, can top up further with cash which is optional

let me know if keen on GE supplement

cheers

 

[boredboiboi]

the mandatory portion can be paid via CPF MA.. the supplement portion, you can use up to $600 of your MA per year, any excess premium will be in cash.

My fav is not important, because i have different consideration to yours. Your best bet is to look for an agent who can present you the 3 different options and then you assess for yourself.

There is no agent that can present all 3. Ge only have it to themself. FA can present both ntuc and aviva, but myself lean towards aviva, firstly is their cheaper in premium, other than that is not much difference.

 

[reddevil0728]

There is no agent that can present all 3. Ge only have it to themself. FA can present both ntuc and aviva, but myself lean towards aviva, firstly is their cheaper in premium, other than that is not much difference.

they cannot represent all 3 cause of GE, but that doesn't mean they can get the info and premium quote for GE to present all 3

 

[a4973]

There is no agent that can present all 3. Ge only have it to themself. FA can present both ntuc and aviva, but myself lean towards aviva, firstly is their cheaper in premium, other than that is not much difference.

You have mentioned Aviva premiums are cheaper but is it fixed premium or it will be like health shield where premiums can increase? Thank you.

 

[boredboiboi]

You have mentioned Aviva premiums are cheaper but is it fixed premium or it will be like health shield where premiums can increase? Thank you.

Its not the same as health shield. Premium will be fix

 

[exterminazn]

You have mentioned Aviva premiums are cheaper but is it fixed premium or it will be like health shield where premiums can increase? Thank you.

Cant compare apple to apple as got minor differences between benefits across the 3 companies

premiums are kind of fix, but may be subjected to change due to claim rate….

 

[vbhelper]

when applying careshield life supplment with GE, it seems they don't ask a lot of questions regarding underlying medical conditions where u need to fill in many forms. instead a few key questions like the following

Do you suffer from, or have you been treated for, or advised by any medical practitioner to seek medical attention for the following conditions:

• Cancer, diabetes, heart diseases, spinal conditions
• Stroke, depression, nervous breakdown, paralysis
• Kidney diseases, liver diseases, lung diseases, arthritis
• Dementia, alzheimer's disease, parkinson's disease, multiple sclerosis and motor neurone disease

would it be a problem one day if you need to claim because u didn't have to make declaration of your chronic problem like cholestrol, hbp ?

 

[boredboiboi]

when applying careshield life supplment with GE, it seems they don't ask a lot of questions regarding underlying medical conditions where u need to fill in many forms. instead a few key questions like the following

Do you suffer from, or have you been treated for, or advised by any medical practitioner to seek medical attention for the following conditions:

• Cancer, diabetes, heart diseases, spinal conditions
• Stroke, depression, nervous breakdown, paralysis
• Kidney diseases, liver diseases, lung diseases, arthritis
• Dementia, alzheimer's disease, parkinson's disease, multiple sclerosis and motor neurone disease

would it be a problem one day if you need to claim because u didn't have to make declaration of your chronic problem like cholestrol, hbp ?

Definitely else why the question being ask