Life & Health
Are you covered for hospitalisation and all other medical needs? The thing about being hospitalised is that in addition to rest and recovery and hospital stay expenses, there is a barrage of other medical needs that you may not have a say over.
With the high cost of healthcare, what’s your plan to protect yourself, if ever the unforeseen were to strike you down?
What kind of insurance really helps when you’re hospitalised?
The first thing you need is a comprehensive insurance plan that picks up the expenses for your hospital stay and provides extra coverage for a barrage of pre and post hospitalisation medical needs such as tests, scans, therapy sessions, specialist visits, mobility aids and more.
Illnesses don’t have to be serious to require hospitalisation. Neither do they happen only to adults. Children as young as newborns whose parents have not yet had the time to purchase health insurance for them have also required hospitalisation (especially for respiratory conditions and infections).
Complicating matters further, medical costs are mounting. Having the right coverage amount makes a huge difference. Here are examples^ of three large claims paid by Aviva between 2013 and 2015, to show just how much hospitalisation and medical treatment bills can rack up…
* Source: Based on Aviva’s medical claims history processed in 2013 to 2015.
Introducing Aviva’s MyShield plan – an additional cover that integrates and complements the benefits of MediShield Life* to give wider and higher protection of up to S$1,000,000 annual policy limit and as charged1 coverage at public or private hospitals for the medical expenses incurred.
Among other things, MyShield cares more by offering:
* For more details on MediShield Life, please refer to https://www.medishieldlife.sg/
Key Benefits of MyShield:
Other benefits include:
Add on Aviva's MyHealthPlus to your MyShield plan for even more benefits to your medical coverage.
Key benefits of MyHealthPlus:
Option C: (Option A* + MORE!)
*You will enjoy all the benefits of Option A except free cover for child(ren).
MyShield & MyHealthPlus
|MyShield and MyHealthPlus Brochure|
|MyShield Policy Contract|
|MyHealthPlus Policy Contract|
|Premium Tables (including premiums for foreigners)|
Please contact your preferred Financial Advisor for a copy of the relevant Product Summary/ies.
For enquires on MediShield Life or the Premium Subsidies, please call MediShield Life Hotline at 1800-222-3399 or email email@example.com.
To provide you with an affordable option for additional coverage beyond basic MediShield Life, Ministry of Health (MOH) has worked closely with private insurers such as Aviva to develop a Standard Integrated Shield Plan (IP) based on coverage at Class B1 (4-bed) wards.
Key Benefits of MyShield Standard Plan:
This factsheet is for general information only and does not take into account any specific financial investment objectives, financial situation and the particular needs of any specific person. Product Summaries may be obtained from Aviva Ltd and the participating distributors’ offices.
You may seek advice from a financial adviser representative to understand the provision of a free-look period, procedures/restrictions on a claim, procedures/charges/restrictions on the termination of the policy and all warnings, exclusions and disclaimers in relation to the product, before making a commitment to purchase it.
In the event that you choose not to seek advice from a financial adviser representative, you should consider whether the product in question is suitable for you. If you decide that the policy is not suitable after purchasing the policy, you may terminate the policy in accordance with the free-look provision and we may recover from you any expense incurred by us in underwriting the policy.
Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. Full details of the standard terms and conditions of the plans can be found in the relevant policy contract. You should read the Policy Contract and also all the related information along with the claim procedures which can be found on http://www.aviva.com.sg/life-and-health/forindividuals/health.html#myshield and http://www.aviva.com.sg/customer-care/life-and-health/make-a-claim/ respectively.
Information accurate as at March 2016.
The policies are protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or the Life Insurance Association Singapore or SDIC website (www.lia.org.sg or www.sdic.org.sg).