Mothership - AIA denies S$100,000 payout to S'pore man with benign brain tumour, said condition 'not life-threatening' at time of surgery & not includ

[mummynew]

How u know? U selling insurance?

from this site by Spike:

https://www.lia.org.sg/media/4254/f...mparison-of-lia-definitions_2019-and-2024.pdf

 

[3G SAINT]

He is, he still keep in contact with many of his ex students, i was taught under him when i was in Kaplan myself.

One of those that knows how to teach lessons and life lessons at the same time.

Hard to find good hearted teacher nowadays

 

[Akky85]

Think he is pursuing a PhD now.

See for insurance fine prints, even PhD level also got problems interpreting them.

I dun think it's a PDH person also cannot interpret problem here.

The clauses and fine prints themselves are designed to confused and obfuscate alot of things that the signees need to know but would have otherwise possibly influence the signee away from signing if they knew certain stuffs in advance which is namely, the insurance/s companies interests.

Imagine they tell you ahead of the policy you are about to sign that unless u die of X Y or Z otherwise even related illness also cannot claim. Would you sign now? Prolly not becuz that's unlikely to be the goal when u are looking for an insurance package in the 1st place. You are prolly looking for a ''if something happens to me then i will get XXX or YYY'' or at least my surviving family does.

If they tell u this and that, you would unlikely to sign this. Which explains why alot of ppl when they buy a policy, many years later and countless rotation of insurance agents in charge, they come and tell ppl ''oh this one ah, cannot claim lei.''

 

[mummynew]

Why cannot ask AIA about the operation if can claim before proceed?

Can ask for Letter of Guarantee, BUT THEN, insurer can don't pay if subsequently discover that the claim is not admissible.

All LOG contains a clause similar to the below (extracted from Income's LOG):

"Please note that the issuance of this cover letter is not an admission of the claim. The admissibility of the claim can only be determined after Income has assessed the claim in accordance to the policy terms and conditions upon their receipt of the efiled claim."


*Many have this 'false sense of security' that once get the LOG = sure pay. This is not true.

 

[Akky85]

Hard to find good hearted teacher nowadays

I like to think those that Frankie have taught, would have at least been a little better off in life then they were before.

 

[paperplane1943]

Can ask for Letter of Guarantee, BUT THEN, insurer can don't pay if subsequently discover that the claim is not admissible.

All LOG contains a clause similar to the below (extracted from Income's LOG):

"Please note that the issuance of this cover letter is not an admission of the claim. The admissibility of the claim can only be determined after Income has assessed the claim in accordance to the policy terms and conditions upon their receipt of the efiled claim."


*Many have this 'false sense of security' that once get the LOG = sure pay. This is not true.

Seems like that buying health insurance is waste of money

 

[GoodEnergy]

@GoodEnergy

The below extracted from AIA blog post, and confused over stage 1 breast cancer not covered under normal CI.

"Know the difference: Early critical illness vs Critical illness insurance plans​

#1 Scope of coverage​

A typical critical illness insurance policy only provides payouts on 37 critical illnesses on Life Insurance Association (LIA) Singapore industry list. However, these illnesses must have a certain severity level to qualify. For example, a disease is not considered a "Major Cancer" until it is in its late stages, meaning a stage 1 breast cancer patient cannot make a claim."

https://www.aia.com.sg/en/health-we...rly-critical-illness-insurance-what-it-covers

Hi @mummynew , I confirm that my colleague is able to claim CI with stage 1 breast cancer. No reason for my colleague to lie to me about such stuff. Also, another colleague with stage 2 breast cancer, also is able to claim CI successfully.

 

[mirukuboi]

Buy Insurance is for what again

 

[Velana]

always speak to your agent first and settle first before agreeing.
that's what my agent told me.
Also, I would really recommend Singlife/Formerly Aviva. Cause Ah gong money.
I'm not agent, but I have heard too many stories of people saying Aviva is good.
And my personally experience at least is quite good.

 

[mummynew]

Hi @mummynew , I confirm that my colleague is able to claim CI with stage 1 breast cancer. No reason for my colleague to lie to me about such stuff. Also, another colleague with stage 2 breast cancer, also is able to claim CI successfully.

Then it maybe Stage 1 breast cancer some insurers pay and some insurers, like AIA, won't pay.

 

[GoodEnergy]

Then it maybe Stage 1 breast cancer some insurers pay and some insurers, like AIA, won't pay.

I think it could be stage 1 breast cancer but also need to see the conditions. I heard from another colleague (not directly from the horse's mouth) that my this stage 1 breast cancer colleague did mastectomy so it could be her stage 1 is more serious (even though I know of another friend whom I have lost touch who also did mastectomy with stage 1 breast cancer for peace of mind and not because it is serious).

Anyway, my point is, please dont just assume stage 1 cancer cannot claim CI as this may deter genuine cases from making claims or for those sitting on the fence about CI from buying CI. For those who want greater coverage, can buy ECI as this covers "pre-cancer" as well (stage 0 or carcinoma-in-situ) but this will come at a much higher premiums so only worth it to buy at a younger age, as ECI cover CI as well.

I am not an insurance agent so will not encourage anyone to buy or not buy CI.

The most important is to buy hospitalisation shield insurance if you can afford and travel insurance (must buy when you travel).

 

[Shalomp]

AIA now following in the footsteps of ntuc???

 

[Cowbellc]

Hi @mummynew , I confirm that my colleague is able to claim CI with stage 1 breast cancer. No reason for my colleague to lie to me about such stuff. Also, another colleague with stage 2 breast cancer, also is able to claim CI successfully.

My sis also claim breast cancer surgeries and treatments successfully
My mom throat cancer also claim out successful.
Hope ur colleagues is recovering well

 

[Cowbellc]

AIA now following in the footsteps of ntuc???

Waliao this guy 马后炮 gaogao
bopian 65 % sarpork gaogao

 

[Taloona]

Why cannot ask AIA about the operation if can claim before proceed?

This one I am not sure. I am not an agent. I always thought such claims are submitted after the surgery.

 

[Litmuss]

So next time before undergoing any surgery, must seek insurance company permission first before undergoing one?

Like this, by the time they “approved” or rather “approval with caveat”, would have died before that.

 

[xcodes]

So next time before undergoing any surgery, must seek insurance company permission first before undergoing one?

Like this, by the time they “approved” or rather “approval with caveat”, would have died before that.

agree and this is really stupid to the core ...

 

[matrix05]

So there is CI and CI with riders (ECI). With riders mean higher premium.

Before MSL & IP , CI is useful to fight the big hospital bill. Now with MSL + IP, CI becomes extra additional protection. Would one be more prudent to put money to Pte hospital IP 1st vs CI? If with extra cash to burn, IP priority over CI?

 

[quirkyhill]

i guess this is why that luigi fella was so venerated online

 

[coldspot]

Since when brain tumour were never life threatening? Shame on chu AIA