CPF : Purchasing the Rider Shield?

[zamowk]

i need help with this insurance pls.

my company recently get group H&S for everyone, do i still need keep my existing rider?

 

[KakiMeow]

i need help with this insurance pls.

my company recently get group H&S for everyone, do i still need keep my existing rider?

U going to work there until retirement mah

 

[zamowk]

i need help with this insurance pls.

my company recently get group H&S for everyone, do i still need keep my existing rider?

yes will stay until retire unless they pok me.

do i still need buy rider?

 

[eAtNeAt]

Juz avoid ntuc income. Almost impossible to claim.

 

[V_for_Vanilla]

I feel the same as you so I'm not trolling when I ask how / what do you determine that "certain point" is? Thank you

I think it depends on the individual what is considered as over or under insured. We know our own health conditions the best. Also family history and financial resources. For example advisors themselves tell me objectively speaking critical illness is not worth getting. But if one has the financial resource to foot several thousands in premiums a year I guess no harm getting it. And if one is unfortunate enough to have to make a claim, something is better than nothing.

 

[kaya123]

yes will stay until retire unless they pok me.

do i still need buy rider?

If you have pre-existing medical conditions better don't cancel your own ISP. If you cancel then buy a new one after you kena pok, you will be subjected to underwriting and may have exclusion.

 

[zamowk]

If you have pre-existing medical conditions better don't cancel your own ISP. If you cancel then buy a new one after you kena pok, you will be subjected to underwriting and may have exclusion.

my rider excluded my heart because i got mvp. so cancel does not make a difference right?

 

[Multiversal]

I feel that the government should give free medical treatment to those over 65 if their Medisave and Medishield cannot cover everything..

We talk about saving, saving, savings.

That's a virtue, I don't disagree.

Save for future generations.

But we have already saved a trillion dollars all kept in reserves.

Where did all the savings come from?

It's due both to good government, a government which didn't steal from the people (unlike the country which kicked us out), and the blood, sweat and tears of the older generation.

It's time to save a bit less and use current revenue to give back to the pioneer and merdeka generations. They had a hard life and didn't enjoy...

Those of you who are young... would you object to the government giving your grandparents a bit of money every year?

 

[KnyghtRyder]

How to have rider without first having insurance?

 

[kaya123]

my rider excluded my heart because i got mvp. so cancel does not make a difference right?

You don't have any other condition after you sign your insurance policy? You can guarantee you won't have any other condition in the future? If you do then you will have other exclusion in addition to your heart condition loh.

 

[van123]

i need help with this insurance pls.

my company recently get group H&S for everyone, do i still need keep my existing rider?

Company health policies will stop when no longer employed
Sickness frequently occured at older age n by then not employed means not covered

 

[jtsh55]

Interesting thread.

Had recently switched my hospitalization plan from Income to Prudential cos the premium is slightly cheaper + I bought assist rider (cash) cos got additional 15% discount for the switch.

Saw a few replies above that assist rider is not necessary.

Anyway I bookmark this thread first for my future reference.

 

[Justrade]

I feel that the government should give free medical treatment to those over 65 if their Medisave and Medishield cannot cover everything..

U take the C class, almost as good as free. They hv the social service - they will do mean testing if really no manee.

 

[makan tidur]

my rider excluded my heart because i got mvp. so cancel does not make a difference right?

Which company is your insurance from? My understanding is that if you have pre-existing heart condition, most insurance companies will not insure you at all.

 

[InsureSG_ai]

The rider only changes how much cash you pay when you are hospitalised.

It sits on top of your Integrated Shield Plan, which together with MediShield Life helps pay hospital and some outpatient bills after the deductible and co-insurance.

A rider can shrink that leftover bill, but it does not pay a lump sum if you are diagnosed with a listed critical illness and have to stop work.

When an agent says another policy "covers many illnesses", that is often a critical illness plan, which is a different contract from the hospital rider.

Rider premiums are also paid in cash, not from MediSave, and even with a rider you typically still pay a deductible and some co-payment.

Whether the rider alone is "enough" depends on whether you only want to cap hospital bills, or you also need money for living expenses if a serious illness hits.

If you are still deciding on the second policy, ask the agent for the exact product name and whether it is a critical illness, life, or hospital plan.

 

[ramlee]

Guys, want to check is buying the Rider Shield is more than enough, rather than buying another from insurance company?
the agent told me the insurance cover many illness......

What you guys think?
Care to share?

Thanks alot.

before you buy the insorlent will cover my illness
after you buyed, the insorlent cannot cover the illness you kena

 

[ramlee]

i need help with this insurance pls.

my company recently get group H&S for everyone, do i still need keep my existing rider?

you not going to stay with your company forever you see

 

[HMAN]

Hospitalization plan- integrated shield plan
Buy the better package with rider, private hospital type.
=> At critical time, you need prompt action( private did) but public hospitals may not help.
=> private ward is not important but private specialists are.