NTUC IncomeShield vs ENHANCED IncomeShield

[Niaoson]

Does anyone know the difference between the two?

I am currently on the IncomeShield and realised that it is no longer being offered i.e. has been taken off their product range for new customers. Does this mean that all things considered, the IncomeShield is more value-for-money than the Enhanced IncomeShield? Based on what I gathered from the website, it seems that:

1. Enhanced IncomeShield generally costs more for the same age band

2. Enhanced IncomeShield covers as-charged whereas IncomeShield has a cap on each kind of charge to be covered.

Is it recommended to stay on the IncomeShield or should I move to the Enhanced IncomeShield (tempted by the as-charged coverage). If I have pre-existing conditions, can I request for a change then, depending on the underwriting (exclusions, loading, etc), decide where to change to Enchanced IncomeShield? If eventually I choose not to change, will the disclosure during underwriting affect my current IncomeShield?

Thank you!!

 

[Niaoson]

You get what you pay for.

For pre-existing conditions, it's underwritten base on a case-by-case basis. Any pre-existing conditions that emerge after you bought your current plan last time will not affect your current coverage. For upgrades or fresh application, the outcome can be anything from normal acceptance, exclusions to downright rejection.

Hope this helps.

Is it possible to try for an upgrade and if the outcome is unfavourable (exclusion or rejection) then I choose to stay with my current policy instead?