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Jeffrey Lim

31 Dec 2020

∙

Accept hospitalisation insurance with no exclusions but worse benefits or take on one with exclusions but have better benefits?

I am currently under company A plan but looking to switch to company B as they offer better premiums and benefits. However i recently went for an investigation for a condition I currently have, which turned out to be completely harmless. However B has excluded me from that condition's cancer due to the investigation done.

I want to ask if I should accept B's plan with the exclusion or remain in the worse off A's plan.

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Jonathan Chia Guangrong

31 Dec 2020

SOC at Local FI

Talk to your agent from insurer B. Is there a way to remove the exclusion?

Best time to get this discussion done is near / during month / quarter / year end period when insurers are pushing for closing sales.

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