Getting DPI insurance

Perisher

Perisher

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Lewis.T

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TiOnGSquare said:
i see
medishield life enough? if i choose to stay in ward c?
Click to expand...

https://www.moh.gov.sg/content/moh_...dishield-and-medishield-life-claims-work.html

You should read the deductibles and co-insurance part, see if you're willing to take on that risk, if not, good to consider an integrated shield plan offered by 5 insurers in SG!

Summary: C ward, first 1.5k per year you pay on your own, can't claim anything. This applies every year and is known as the deductible.

Co-insurance means you pay a % of the remaining bill, ranging from a 10% tier to 3%.
 
Tornesoul

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Must have. I'll say get more than u need. Easy to downgrade, hard to upgrade. I see it as paying known amounts against unknown hosp bill sizes.

Which insurer to get from though... Still figuring that out.

Thinking of getting 400k term+ 200k ci as well. U can refer to my post if interested

Sent from Sent from where? using GAGT
 
TiOnGSquare

TiOnGSquare

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Tornesoul said:
Must have. I'll say get more than u need. Easy to downgrade, hard to upgrade. I see it as paying known amounts against unknown hosp bill sizes.

Which insurer to get from though... Still figuring that out.

Thinking of getting 400k term+ 200k ci as well. U can refer to my post if interested

Sent from Sent from where? using GAGT
Click to expand...

u purchase the DPI u mentioned in your thread already?
 
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Jwlng

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If you are married with kids, you may wish to consider getting the AVIVA Integrated Shield plans. If both husband and wife are covered under Plan 1 or Plan 2, Child gets free Plan 2 coverage. You can check out the AVIVA website to read up more. This plus your DPI term coverage of $400k, I would say you are well covered based on the information that you've revealed.
 
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clockwerkart

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Jwlng said:
If you are married with kids, you may wish to consider getting the AVIVA Integrated Shield plans. If both husband and wife are covered under Plan 1 or Plan 2, Child gets free Plan 2 coverage. You can check out the AVIVA website to read up more. This plus your DPI term coverage of $400k, I would say you are well covered based on the information that you've revealed.
Click to expand...

"Child gets free Plan 2 coverage" as in all childrean or only the 1st child?
 
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clockwerkart

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clockwerkart said:
"Child gets free Plan 2 coverage" as in all childrean or only the 1st child?
Click to expand...

haha...answer myself...

Free medical coverage for up to 4 children5

5 Free coverage for children is provided based on Plan 2 of MyShield, subject to underwriting, up to 20 years of Age Next Birthday (ANB), provided you and your spouse are covered under Plan 1 or 2 of MyShield.
- See more at: https://www.aviva.com.sg/life-and-health/for-individuals/health.html#sthash.b17ncey1.dpuf


meaning all my 3 kids covered if both myself and wife covered under this plan?
 
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Jwlng

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clockwerkart said:
haha...answer myself...

Free medical coverage for up to 4 children5

5 Free coverage for children is provided based on Plan 2 of MyShield, subject to underwriting, up to 20 years of Age Next Birthday (ANB), provided you and your spouse are covered under Plan 1 or 2 of MyShield.
- See more at: https://www.aviva.com.sg/life-and-health/for-individuals/health.html#sthash.b17ncey1.dpuf


meaning all my 3 kids covered if both myself and wife covered under this plan?
Click to expand...

Yup. If you have 3 kids, that's massive savings
 
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Jwlng

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Then you have to check and compare the individual Integrated Shield Plans and see if there are any differentiating factors which will urge you to buy. If price is a concern, NTUC seems to be the cheapest, GE covers hospice care if I remember correctly. AVIVA offers moratorium underwriting, but I doubt they are the only insurer to do that.
But if you have an existing shield plan and just want to upgrade, you may avoid the hassle of additional underwriting just by sticking to the same insurer.
 
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chopra

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TiOnGSquare said:
em mind sharing wats H&S plan?
i mean whats the diff compared to normal insurance plans?
is it a good to have or must have :s11::s11:
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Shield plan is more normal than normal. Everyone has it. It's called medishield life. Many of us here "upgrade" this medishield shield life with "integrated shield plan", to provide more coverage.

@perisher: note the terminology given by government - integrated shield plan, not h&s
 
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clockwerkart

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Jwlng said:
Yup. If you have 3 kids, that's massive savings
Click to expand...

Can you help advice what does below Note 6 actually mean?

Free coverage for child(ren) below 20 years old
Yes, under Plan 2 (if
both parents take up
plan 1 or 2)
(See Note (6))

Note (6): Expenses incurred by the non-insured living donor shall only be reimbursed under the Living Organ Donor Benefit if the living donor is not eligible to be reimbursed under MediShield, Medisave-approved Integrated Shield Plans or any other

From
https://www.moh.gov.sg/content/dam/...Comparison of IPs wef 29 Feb 2012 Table 4.pdf
 
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oceanicmanta

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Looking at DPI for Term Death TPD + CI coverage from Tokio Marine.

Anyone with experience to share ?

Have read that DPI CI covers only 30 illness (vs 37), no financial advice given & can get ding-dong around by insurer.
 
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