Should I change my NTUC Incomeshield Plan B? Am planning to stick to B1 Ward, so will I need this policy? Should I add on to this policy?

Hi anon,

You'll want to tred carefully in this case. Your current plan does cover you for all claims subjects to the limits of the plan in terms of claim amount, etc. Any application to other shield insurers might result in a conditional acceptance or postponement (considering that shield has the strictest underwriting guidelines). This will then become an issue with application for other insurance such as CI as you will need to declare. The safer way is to stick with NTUC, attempt to upgrade to Enhanced Incomeshield with a rider, and if there are conditions placed on the policy, keep the rider only, so that your main plan still covers you for all conditions.

Hi Anon,

I think if you were to change your insurer, you would still need to declare those things that you just mentioned in the health questionaire attached to the policy, especially cause it's quite recent. They usually ask if you have done anything within the past 5 years.

In regards to whether to purchase the rider or not, I think you should look for your adviser to see what your current insurer can do for you. Usually for such cases, if you are adding, they might do new under-writing. (this i'm not super sure)

If you upgrade your coverage, there also might be new under-writing, but as mentioned it might be better to check with your current adviser to see what can be done for you.