What is IncomeShield standard plan?

What is IncomeShield standard plan?

IncomeShield Standard Plan is a MediSave-approved Integrated Shield Plan (IP) that consists of two parts – the MediShield Life portion and enhanced benefits provided by Income. It takes care of your hospital and surgical expenses1, ensuring that you focus on making a full recovery in comfort.

Is NTUC IncomeShield good?

Overall, we would recommend NTUC Enhanced IncomeShield for those on a budget who don’t mind public hospital coverage. It is pretty affordable for the public hospital tiers, and coverage is decent (although not impressive). The Orange Health perks are a nice touch.

How does NTUC IncomeShield work?

This includes coverage for pre- and post-hospitalisation expenses, emergency overseas treatment, and the option to purchase riders to cover deductibles and co-insurance. With these benefits, Enhanced IncomeShield takes care of your hospital and surgical expenses and provides you with peace of mind while you recuperate.

What is the difference between MediShield and IncomeShield?

Your Enhanced IncomeShield/IncomeShield premium is made up of the MediShield Life premium and an additional private insurance coverage premium. Hence, you are not paying double premiums. Unlike MediShield Life, private insurers are unable to provide cover for pre-existing conditions.

How do I pay my NTUC Income shield?

Cheque payment is available for all our insurance products.

1. Please make your cheque payable to NTUC Income and write the following information on the back of your cheque: Your reference number. Name. Contact number.
2. Please post your cheque to: NTUC Income. 75 Bras Basah Road. NTUC Income Centre. Singapore 189557.

What is NTUC deluxe care rider?

Product information. This is a rider that can be added to the Enhanced IncomeShield (Preferred, Advantage and Basic plan). It can be taken up only if the insured person under this rider is covered under the Enhanced IncomeShield (Preferred, Advantage and Basic plan).

What is integrated NTUC IncomeShield?

An integrated plan means that you have IncomeShield protection on top of MediShield Life coverage. Check your policy documents for coverage on the treatment you seek and the ward you are entitled to. Find out if your treatment is covered under your plan and get helpful information you need to file your claims here.

Can foreigner buy IncomeShield?

If you are paying for a foreigner whose plan does not have a MediShield Life portion, you can utilise an equivalent amount of Medisave to pay for his/her premiums. If you are not paying by Medisave, your total cash outlay will be equal to the Total Premiums.

How do I downgrade my IncomeShield plan?

If you wish to downgrade your main plan, select only ONE new main plan. Your current rider plan If you wish to downgrade your rider plan (if applicable), select only ONE new rider plan. Tick the box in the row that corresponds to your current rider. Select only if you wish to terminate your rider.

Does IncomeShield cover day surgery?

You will be covered for room, board and medical related services; intensive care unit (ICU) and medical related services; and surgical benefits (including Day Surgery).

How do I cancel my NTUC Income policy?

Send us your documents. Please obtain and complete an “Early Surrender Form” or “Surrender Discharge Voucher” and return it with a copy of your personal identification document and bank document (if needed) via any of the methods below: Branch: Find an NTUC Income branch. Email: [email protected].

What is NTUC Income foundation policy?

The foundation policy is quite an old policy with special benefits. The policy was created for 2 major life milestones, which is education and marriage. It must be encashed within six months after marriage or entry into/graduation from a tertiary institution.

How much is NTUC Income enhanced incomeshield Advantage plan?

Income Enhanced IncomeShield Advantage Plan. Those looking for an affordable A ward plan may find value in Income’s Advantage plan. It costs 15% below average with premiums ranging from S$71 for 25-year olds to S$1,544 for 75-year olds.

Who is eligible for enhanced incomeshield in Singapore?

Enhanced IncomeShield is available as a MediSave-approved Integrated Shield Plan for insured who is a Singapore Citizen or a Singapore Permanent Resident. This applies as long as the insured meets the eligibility conditions under MediShield Life.

Which is the most affordable NTUC Income insurance plan?

Additionally, while Income’s Deluxe Care rider is generally uncompetitive, Income’s Classic rider is one of the most affordable on the market, making it possible to end up with a affordable plan/rider package.

Can a Singapore incomehield plan cover covid-19?

To support COVID-19 vaccination in Singapore, all IncomeShield plans will cover hospitalisation due to COVID-19 vaccination if it becomes necessary. The COVID-19 vaccination must be: i. Approved by the Health Sciences Authority and administered in Singapore; or ii.