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Income IncomeShield Integrated Shield Plan

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Summary

Income Integrated Shield Plan Review 2024

Income has one of the most affordable Integrated Shield Plans for non-private hospital plans. Across Class A, Class B and Standard IP, Income is almost consistently priced below market average within the age groups of 25 to 45 years old. Here are Income Integrated Shield Plans' best features:

  • IncomeShield is an Integrated Shield Plan (IP), which is additional coverage on top of one's MediShield Life. IPs are partially payable by Medisave.
  • 4 tiers of, ranging from cheapest to the most premium:
    - IncomeShield Standard Plan
    - Enhanced IncomeShield Basic (Class B1)
    - Enhanced IncomeShield Advantage (Class A)
    - Enhanced IncomeShield Preferred (Private Hospital)
  • Lifetime coverage
  • Policy yearly limit from S$250,000 to S$1,500,000 (excluding Standard Plan)
  • Enhanced Income Shields offer almost entirely as charged covers on eligible treatments, up to a limit
  • Access to more than 300 private medical specialists across various specialties and sub-specialties
  • Provision of Letter of Guarantee that waives deposits required by hospital admissions
  • Affordable and Flexible plans
  • With easy application and claims process as attested by our Seedly Reviewers
...see more

Summary

Income Integrated Shield Plan Review 2024

Income has one of the most affordable Integrated Shield Plans for non-private hospital plans. Across Class A, Class B and Standard IP, Income is almost consistently priced below market average within the age groups of 25 to 45 years old. Here are Income Integrated Shield Plans' best features:

  • IncomeShield is an Integrated Shield Plan (IP), which is additional coverage on top of one's MediShield Life. IPs are partially payable by Medisave.
  • 4 tiers of, ranging from cheapest to the most premium:
    - IncomeShield Standard Plan
    - Enhanced IncomeShield Basic (Class B1)
    - Enhanced IncomeShield Advantage (Class A)
    - Enhanced IncomeShield Preferred (Private Hospital)
  • Lifetime coverage
  • Policy yearly limit from S$250,000 to S$1,500,000 (excluding Standard Plan)
  • Enhanced Income Shields offer almost entirely as charged covers on eligible treatments, up to a limit
  • Access to more than 300 private medical specialists across various specialties and sub-specialties
  • Provision of Letter of Guarantee that waives deposits required by hospital admissions
  • Affordable and Flexible plans
  • With easy application and claims process as attested by our Seedly Reviewers
...see more

Plans (4)

Slide 1 of 4

NTUC Income IncomeShield Integrated Shield Plan Preferred

$1,500,000

LIMIT PER POLICY YEAR

180 / 365 days

PRE & POST HOSPITAL

As Charged

OUTPATIENT BENEFITS

Private Hospital

WARD ENTITLEMENT

NTUC Income IncomeShield Integrated Shield Plan Advantage

$500,000

LIMIT PER POLICY YEAR

100 / 100 days

PRE & POST HOSPITAL

As Charged

OUTPATIENT BENEFITS

A Class and below

WARD ENTITLEMENT

NTUC Income IncomeShield Integrated Shield Plan Basic

$250,000

LIMIT PER POLICY YEAR

100 / 100 days

PRE & POST HOSPITAL

As Charged

OUTPATIENT BENEFITS

B Class and below

WARD ENTITLEMENT

NTUC Income IncomeShield Integrated Shield Plan Standard

$150,000

LIMIT PER POLICY YEAR

N/A

PRE & POST HOSPITAL

As Charged

OUTPATIENT BENEFITS

B Class and below

WARD ENTITLEMENT

NTUC Income IncomeShield Integrated Shield Plan Preferred

$1,500,000

LIMIT PER POLICY YEAR

180 / 365 days

PRE & POST HOSPITAL

As Charged

OUTPATIENT BENEFITS

Private Hospital

WARD ENTITLEMENT

Reviews (301)

4.4

301 Reviews

5
184
4
84
3
17
2
4
1
12

Service Rating

Ease of Claim

4.4

Agent Reliability

4.3

Application Process

3.4

      Posted 20d ago

      Purchased

      NTUC Income IncomeShield Integrated Shield Plan Preferred

      Their agreement has the most layman English. Price is also the most affordable. Insurance coverage is on par with other company

      0

      What are your thoughts?

      Posted 30 Nov 2023

      Purchased

      NTUC Income IncomeShield Integrated Shield Plan Preferred

      The application process was fast and it’s reliable company. So far, no issue with this plan that I holding now

      2

      What are your thoughts?

      Do you mind to provide the agent name and contact?

      View 1 replies

      Posted 25 Jul 2023

      Purchased

      NTUC Income IncomeShield Integrated Shield Plan Preferred

      The Income Integrated Shield Plan is a reliable and comprehensive healthcare insurance option that I have had the pleasure of using. The plan seamlessly complements my existing MediShield Life coverage, offering enhanced benefits and minimizing out-of-pocket expenses during medical treatments.

      0

      What are your thoughts?

      Posted 24 Jul 2023

      Purchased

      NTUC Income IncomeShield Integrated Shield Plan Preferred

      i would say this NTUC Income plan is pretty value for money… one of the most affordable price in the insurance market. Not too sure how is the claim process as i have yet to file a claim. The agent is friendly

      0

      What are your thoughts?

      Posted 20 Jun 2023

      Purchased

      NTUC Income IncomeShield Integrated Shield Plan Preferred

      i would say this NTUC Income plan is pretty value for money… one of the most affordable price in the insurance market. Not too sure how is the claim process as i have yet to file a claim. My agent is friendly

      0

      What are your thoughts?

      Posted 11 Sep 2022

      Purchased

      NTUC Income IncomeShield Integrated Shield Plan Preferred

      [Insurance Coverage] Adequate coverage for the premium paid. Switched to NTUC Income + riders + hospital cash that provide reasonably lower premium than my previous plans without hospital cash. However with the recent change, the rider plan doesn’t pay hospital cash anymore if you admitted to lower ward than your selected plan. [Claims Process] So far claim process has been smooth for me and my family on both Pte and Govt hospital. Reimbursement of claims were made within 1-2 months after discharged. Do review the settlement as they once paid wrongly on the hospital cash payout.

      0

      What are your thoughts?

      06 May 2021

      Purchased

      NTUC Income IncomeShield Integrated Shield Plan Preferred

      [Insurance Coverage] Love Income's health insurance coverage! Would definitely recommend it to anyone who wants the best coverage in SG.

      0

      What are your thoughts?

      19 Oct 2020

      Purchased

      NTUC Income IncomeShield Integrated Shield Plan Advantage

      IMO, Income offers comprehensive coverage at affordable prices. Their default coverage is for the really common illnesses and you can top up for other optional coverage, thus lowering their premium. Unless you are someone who is risk averse and want to cover as much as possible, their default coverage is good enough.

      0

      What are your thoughts?

      24 Jul 2020

      [Customer Service] The information given and provided were very accurate and clear. [Claims Process] Was very fast and hassle free. [Agent Responsiveness] Was very responsive in getting back to me and helpful.

      0

      What are your thoughts?

      23 Jul 2020

      Purchased

      NTUC Income IncomeShield Integrated Shield Plan Advantage

      [Claims Process] Although it is a tad tedious and cumbersome, it does work eventually and gets to help [Customer Service] Is non-existant in most cases [Hidden Terms] Not seen any [Claims Documents] Can be a bit tedious and difficult to compile all needed items [Agent Responsiveness] Most of the time is available during normal hours [Additional Premium] Value for money [Insurance Coverage] is good and better than most [Policy Changes] not too frequent

      0

      What are your thoughts?

    Discussions (0)

      No Posts Found.

      Types of IncomeShield Health Insurance Plans at a Glance

      Preferred

      Advantage

      Basic

      Standard

      Policy Yearly Limit

      S$1,500,000

      S$500,000

      S$250,000

      S$150,000

      Ward Entitlement

      Standard room in private hospital or private medical institution

      Restructured hospital for ward class A and below

      Restructured hospital for ward class B1 and below

      Ward Class B1 and below

      Eligibility

      last entry age is 75 (based on the insured's age next birthday). 

      last entry age is 75 (based on the insured's age next birthday). 

      last entry age is 75 (based on the insured's age next birthday). 

      no limit

      All Standard Integrated Shield plans across all insurers have the exact same coverage.

      What's different would be the tiers above the Standard plans and for Income, these tiers are the Enhanced IncomeShield.

      Enhanced IncomeShield has 3 tiers of plans, from the most expensive to the cheapest:

      1. Preferred - Offers a solid S$1,500,000 of policy year limit, with a private hospital standard ward entitlement
      2. Advantage - policy year limit of S$500,000, with a ward entitlement of class A wards and below at restructured public hospitals
      3. Basic - policy year limit of S$250,000, with a ward entitlement of class B1 wards and below at restructured public hospitals

      What does Income Enhanced IncomeShield Cover?

      Take a look at what the non-standard Income IP plans cover:

      Coverage

      Enhance IncomeShield Preferred

      Enhance IncomeShield Advantage

      Enhance IncomeShield Basic

      Ward Entitlement

      Standard room in private hospital or private medical institution

      Restructured hospital for ward class A and below

      Restructured hospital for ward class B1 and below

      Inpatient Treatments & Day Surgery
      (including room and boarding, ICU, accident dental treatment etc)

      ✓ As charged

      ✓ As charged

      ✓ As charged

      Pre and Post Hospitalisation Benefit

      ✓ As charged
      Pre-hospitalisation: up to 180 days before admission
      Post-hospitalisation: up to 365 days after admission

      ✓ As charged
      up to 100 days before admission

      ✓ As charged
      up to 100 days before admission

      Outpatient Treatment
      (includes Chemotherapy, Renal Dialysis etc)

      ✓ As charged

      ✓ As charged

      ✓ As charged

      Major Organ Transplant

      • Living organ donor transplant (insured as donor)
      • Living organ donor transplant (insured as recipient)

      ✓ As charged

      • up to S$60,000
      • up to S$60,000

      ✓ As charged

      • up to S$40,000
      • up to MediShield Life benefit only

      ✓ As charged

      • up to S$20,000
      • up to MediShield Life benefit only

      Emergency Overseas Medical Treatment

      As charged but limited to costs of Singapore private hospitals

      As charged but limited to costs of ward class A in Singapore restructured hospitals

      As charged but limited to costs of ward class B1 in Singapore restructured hospitals

      Enhanced IncomeShield also covers Autologous Bone Marrow Transplant for Multiple Myeloma

      1. Preferred: as charged up to S$25,000 per policy year
      2. Advantage: as charged up to S$25,000 per policy year
      3. Basic: as charged up to S$10,000 per policy year

      Additional Riders for IncomeShield:

      Deluxe Care:

      • Keeps out-of-pocket expenses on hospital bills as low as possible.
      • Treatment provided by panel: up to S$3,000
        Treatment not provided by panel: no limit
      • You can also enjoy zero additional non-panel payment (each policy year) even if the treatment for your stay in the hospital is not provided by Income chosen panel
      • Receive up to $80 per day (maximum of 10 days per hospital stay) to pay for an extra bed for you to sleep over if your insured child gets warded.

      Classic Care Rider:

      • Co-pay only 10% of the claimable amount to Keep your hospital bills by panel specialists cheaper.
      • Treatment provided by panel: up to S$3,000
        Treatment not provided by panel: no limit
      • Required to pay up to $2,000 additional non-panel payment (each policy year) if the treatment for your hospital stay was not provided insurer's panel.
      • Receive up to $80 per day (maximum of 10 days per hospital stay) to pay for an extra bed for you to sleep over if your insured child gets warded.

      * The last entry age for riders is 75 years old.

      How much does Integrated Shield Plan, Enhanced IncomeShield Cost?

      These are the premiums for Enhanced IncomeShield across 3 age groups. Assuming a status of Singapore Citizen or Permanent Resident

      Age next birthday

      Preferred

      Advantage

      Basic

      Basic (Permanent Resident)

      21 to 30

      $255

      $71

      $57

      $62

      31 to 35

      $375

      $104

      $71

      $81

      36 to 40

      $392

      $128

      $81

      $99

      41 to 45

      $648

      $212

      $123

      $151

      How does Enhanced IncomeShield Compare with Other Integrated Shield Plans?

      According to our calculations across 3 chosen age groups, IncomeShield is one of the most affordable Integrated Shield Plans for Class A, Class B, and Standard IP.

      Standard Integrated Shield Plan Premiums for age 25 to 45

      At age 25 to 35, Enhanced IncomeShield is priced below average for Class A and Class B and Standard IP. Thus, if your age next birthday is within 25 to 35 years old, you can definitely consider Enhanced IncomeShield for their affordability across 3 different tiers of plans.

      Class A Ward Integrated Shield Plan Comparison

      Note that the pricing system for Income's IP is different - Singaporean Citizens are charged lesser than Permanent Residents for Class B plans. At Age 45, the premium for permanent residents is above average. Hence PR applicants might want to be wary of this.

      If you're looking for a Private Hospital IP, you should look somewhere else as Enhanced IncomeShield has one of the most expensive premiums for Private Hospital wards evidenced from the comparison chart below.

      Price comparison for Public Hospital Integrated Shield Plan at age 25-35

      Apply for Income Integrated Shield Plan

      Visit Income's website for a quick quote, and more details on the plan and exclusions

      About Income

      Income is the only insurance co-operative in Singapore. Established in 1970 to make essential insurance accessible to all Singaporeans, Income is now the leading composite insurer in Singapore offering life, health and general insurance. As a social enterprise, Income has also pushed out initiatives such as Income Family Micro-Insurance and Savings Scheme, Special Care, Orange Aid and more.

      Contact us at [email protected] should you require any assistance or spot any inaccuracies