Checking on insurance coverage

[duhduhduh]

GREAT TRIPLECARE MONEYBACK SPECIAL
Sum assured: 100k

yearly premium: 416


FLEXILIFE EARLY MULTIPLIER 20 [ rider]
sum assured: 35k

EARLY CRITICAL ILLNESS MULTIPLIER 20 [rider]
sum assured: 35k
yearly premium: 1,663.20

I am trying to check on my fiancee insurance coverage, she's currently serviced by one of her family member (auntie), so wish to know more about the policy information rather than asking the auntie which may be slightly sensitive.

Just to check - so she has a Term plan with Sum assured of 100k till age 65? And no claims made, she will get a cash back.

Then followed by she has a CI, ECI Multiplier 20.

Then for CI, I saw online that the sum assured is 35k, what does the Multiplier 20 means? I read online seems to suggest it's a whole life plan to be paid for 20 years? But is 35k a little bit low? Or is there multiplier involved?

I know some of you may say to contact the aunty for more details but it might be sensitive sometimes and we are not deciding to change or stop the existing plans but looking how to supplement it.

For instance right now my gf does not have a hospital shield plan, so may consider getting one. Also the idea is to get her well covered before we proceed to go with baby and etc. anyone know if an enhanced shield plan is necessary for her hospital stay should she go for delivery? She currently only has the basic plan.

 

[hwmook]

I am trying to check on my fiancee insurance coverage, she's currently serviced by one of her family member (auntie), so wish to know more about the policy information rather than asking the auntie which may be slightly sensitive.

Just to check - so she has a Term plan with Sum assured of 100k till age 65? And no claims made, she will get a cash back.

Then followed by she has a CI, ECI Multiplier 20.

Then for CI, I saw online that the sum assured is 35k, what does the Multiplier 20 means? I read online seems to suggest it's a whole life plan to be paid for 20 years? But is 35k a little bit low? Or is there multiplier involved?

I know some of you may say to contact the aunty for more details but it might be sensitive sometimes and we are not deciding to change or stop the existing plans but looking how to supplement it.

For instance right now my gf does not have a hospital shield plan, so may consider getting one. Also the idea is to get her well covered before we proceed to go with baby and etc. anyone know if an enhanced shield plan is necessary for her hospital stay should she go for delivery? She currently only has the basic plan.

You really should ask the agent for details if you can't make out the information from the policy document. The number 20 is just referring to the premium terms which is 20 years payment. The multiplier for GE simply refer to the fact they payout during different stage like once during early stage, once during intermediate stage etc so you get multiple times sum assured coverage. Finally there is nothing to claim during normal delivery so integrated shield plan is not going to impact anything....

 

[BBCWatcher]

Finally there is nothing to claim during normal delivery so integrated shield plan is not going to impact anything....

If there’s a normal delivery. What if there’s not? Integrated Shield plans cover the mother’s serious pregnancy-related complications. (And sometimes there’s a little bit of coverage included for the newborn, depending on the policy.) However, there’s a waiting period before this pregnancy-related coverage kicks in.

 

[hwmook]

If there’s a normal delivery. What if there’s not? Integrated Shield plans cover the mother’s serious pregnancy-related complications. (And sometimes there’s a little bit of coverage included for the newborn, depending on the policy.) However, there’s a waiting period before this pregnancy-related coverage kicks in.

You need to answer straight to the point. The TS is asking in the context of a normal delivery and he seem to have the misunderstanding that an ISP will cover the hospital stay during delivery which I simply tell him the answer he need. You really love to write wall of text and make a simple question into a what if this and what if that.....

 

[BBCWatcher]

You need to answer straight to the point. The TS is asking in the context of a normal delivery and he seem to have the misunderstanding that an ISP will cover the hospital stay during delivery which I simply tell him the answer he need. You really love to write wall of text and make a simple question into a what if this and what if that.....

For instance right now my gf does not have a hospital shield plan, so may consider getting one. Also the idea is to get her well covered before we proceed to go with baby and etc. anyone know if an enhanced shield plan is necessary for her hospital stay should she go for delivery? She currently only has the basic plan.

HWMook, where did duhduhduh confine his question to normal deliveries? (And why would he? Who can predict or guarantee whether a baby delivery will be normal or not?) I don't see the word normal listed anywhere in his question. That’s your word, not his. Perhaps it wasn't obvious to you, but it's obvious to me in context that he (and his girlfriend) are understandably concerned about whether she's covered for any deliveries of any character. Currently she's not, not by an Integrated Shield plan since she doesn't have one. She’s only covered to MediShield Life coverage levels, presumably. Although even that isn’t a given since we don’t know this girlfriend’s immigration status.

I'm trying to be helpful and constructive, and I'm pretty sure I was. In a short 3 line reply! I politely responded to a potentially dangerous presumption you inadvertently made. Take it up with a moderator if you’re still upset.

 

[JuniorLion]

For the uninformed, Shield Plan does *NOT* cover delivery (normal, c-sec, emergency c-sec), newborn deformities.

I haven't read into details whether it covers childbirth complications (to the mother). It *might*, depending on the scenario.

In any case, get a maternity insurance. It covers all the above, including potential discount for newborn IP. It is affordable (less than 1 time payment of 400 for the basic plan).

 

[BBCWatcher]

For the uninformed, Shield Plan does *NOT* cover delivery (normal, c-sec, emergency c-sec), newborn deformities.

That’s not correct as you’ve written it. Integrated Shield plans can cover emergency C-Sections when there are pregnancy complications. Some provide limited coverage (capped at a low dollar value) for newborns.

I haven't read into details whether it covers childbirth complications (to the mother). It *might*, depending on the scenario.

They typically do. Provided the pregnancy occurs long enough (or longer) after enrollment and there isn’t a preexisting condition or congenital abnormality exclusion that attaches. For example, if you have high blood pressure, sign up for an Integrated Shield plan, become pregnant 18 months later, and experience preeclampsia, then medical care associated with the preeclampsia likely wouldn’t be covered (except to MediShield Life levels for Singaporean citizens and SPRs).

Refer to your policy letter for details and exclusions. The MOH posts sample policy letters for Integrated Shield plans if you’d like to compare plan coverage terms.

In any case, get a maternity insurance.

I’d like to know which specific one(s) you’re suggesting. Last I checked these policies were pretty ridiculous, but maybe they’ve improved.

Couples undergoing IVF treatment in Singapore may be required to buy a particular insurance policy if they don’t already have adequate alternative coverage.

 

[duhduhduh]

Thx all for sharing.

I was trying to see if anyone was on the older policies so can share more info. Like I mentioned, it is easy to go to the Auntie to ask for more info, but sometimes families relationships just do not work like your own family.
But thank you all for your help.

Yes, prior to getting maternity insurance, I think the very least is to clarify with my partner if she also wan a better Shield Plan for herself which she currently does not have one.

As usual BBCWatcher, thanks for your contribution here! And also for JuniorLion for replying too. Appreciate much for the community help.