COVID 19 Insurance coverage

[thethn99]

i've been looking for insurance plans that cover covid-19 because i'm a bit scared myself haha. what do you guys think is a feasible plan that covers covid-19??

 

[y2kbug]

POSB provide free insurance for 1 month to their customers. You need to register online. After 1 month you need to pay for it.

 

[a4973]

POSB provide free insurance for 1 month to their customers. You need to register online. After 1 month you need to pay for it.

Not auto cancelled? How they commence charging?

 

[BBCWatcher]

i've been looking for insurance plans that cover covid-19 because i'm a bit scared myself haha. what do you guys think is a feasible plan that covers covid-19??

What do you want the insurance to do if you were to have a case of COVID-19? The government is covering your COVID-19-related medical care, right? What else are you looking for?

 

[chiokcc]

https://blog.moneysmart.sg/health-insurance/covid-19-health-insurance/

 

[Wokhey]

**** I dont know about this how they charge?

 

[eyching]

1. Receive lump sum when a person tio
2. Tio hospitalise and bills are being covered

These are two different matter all together... Which one are you referring?

 

[y2kbug]

Not auto cancelled? How they commence charging?

auto cancel unless you want to renew. Someone will call you to ask if you want to renew it from Chubb

 

[Wokhey]

auto cancel unless you want to renew. Someone will call you to ask if you want to renew it from Chubb

Isn’t this the standard kind of thing haha

 

[Wokhey]

Need your advice, covid 19 was looking at the insurance from ntuc income, 217 per year.

So if get covid they pay 100 per day.

After the free insurance from Chubb cancelled. Worth it to try try ?

Got any other benefit not

 

[BBCWatcher]

Why do you need $100/day for a hospital stay due to COVID-19? If you’re in the hospital for pneumonia that isn’t COVID-19, $0/day is perfectly fine, right?

What real problem(s) are you trying to solve? Wouldn’t you be better off bolstering your emergency reserve funds instead of spending money on COVID-19 lottery tickets?

 

[boredboiboi]

Need your advice, covid 19 was looking at the insurance from ntuc income, 217 per year.

So if get covid they pay 100 per day.

After the free insurance from Chubb cancelled. Worth it to try try ?

Got any other benefit not

Do you know that most insurers are giving existing customers free covid-19 coverage without additional charges? Do check it out what ur agents of your. Unless u totally does not have any coverage then u got nothing.

 

[JuniorLion]

Why do you need $100/day for a hospital stay due to COVID-19? If you’re in the hospital for pneumonia that isn’t COVID-19, $0/day is perfectly fine, right?

What real problem(s) are you trying to solve? Wouldn’t you be better off bolstering your emergency reserve funds instead of spending money on COVID-19 lottery tickets?

He's just trying to have more coverage. Can't target him for that, right?

Maybe in your eyes, it's irrational. But to him, it's perfectly fine to overprotect?

 

[BBCWatcher]

He's just trying to have more coverage. Can't target him for that, right?

Maybe in your eyes, it's irrational. But to him, it's perfectly fine to overprotect?

I'm all in favor of protection, but you have less protection against all other calamities and catastrophes if you're buying lottery tickets. S$100/day for a hospital stay due to one specific viral infection is a lottery ticket, not genuine insurance. You might as well head over to Singapore Pools to buy a TOTO ticket.

By the way, the government is already paying S$100/day Quarantine Order Allowances directly to self-employed Singaporean citizens and Permanent Residents who are quarantined for COVID-19, not only during hospitalizations. The same S$100/day is paid to the all employers (including employers of foreigners), which is a powerful motivation to keep an employee on the payroll and on paid sick leave.

If you feel you don't have enough insurance to cover COVID-19-related incidents, do you have enough insurance to cover pneumonia-related incidents that aren't COVID-19? It's a very fair question. It's a complete mystery to me why somebody would care which virus caused a particular situation. Who cares whether it's COVID-19, COVID-18, COVID-20, or KOVID-19? It doesn't matter! (Sure, it may matter in terms of your treatment, but if you're hospitalized for 12 days or whatever it doesn't matter why.) Surely it's the actual situation that matters, right? Unless you want to buy a lottery ticket.

 

[JuniorLion]

By the way, the government is already paying S$100/day Quarantine Order Allowances directly to self-employed Singaporean citizens and Permanent Residents who are quarantined for COVID-19, not only during hospitalizations. The same S$100/day is paid to the all employers (including employers of foreigners), which is a powerful motivation to keep an employee on the payroll and on paid sick leave.

Did he say he is self-employed?