NTUC Income IncomeShield Reviews and Comparison - Seedly
 

NTUC Income IncomeShield

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Health Insurance/NTUC Income IncomeShield
Reviews (8)

4.6

8 Reviews

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    5
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Read Review About...

bought ntuc

ntuc incomeshield

process straightforward

enhanced incomeshield

highly recommend

incomeshield claim

claim hospitalisation

claim process

incomeshield preferred

preferred rider

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  • Bought NTUC incomeshield and had to claim once for hospitalisation. Claim process was straightforward.
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  • Bought NTUC incomeshield (preferred) with rider for many years now. Claimed it once when i had to be hospitalized, the process is quite straightforward
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  • One of the most essential and affordable health shield in the market to be considered by all age group.
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  • Enhanced incomeshield is in my opinion necessary, as it can limit the hospital bills to a small amount. Having said that, if one is really cash-strapped, need not have to purchase this immediately as the premium changes with age unlike other types of insurance which are stagnant at the time of purchase. Still highly recommend to purchase this. One mode of application is via walk-ins where some of the ntuc income branches are opened on weekends which is ideal for working adults.
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  • Posted on 19 Sep 2019
    Enhanced IncomeShield is a. Medisave- approved Integrated Shield Plan (IP) that gives you assurance that your hospital and surgical.
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Insurance

NTUC Income IncomeShield

Healthcare

If you apply after the op, she will have to declare her health status as well as the operation. This will likely lead to exclusion, possibly a decline, but it depends on the underwriter. However, if she has had IncomeShield all this while, coverage for that will remain as it is.

About NTUC Income

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

About NTUC's Products

Complementary to your MediShield Life, by applying for the following Insurance plans form Income, you are able to enhance your health insurance plans and thereby enjoying the combined benefits of both insurance schemes.

You are able to use your CPF Medisave to pay for your premiums, but there is a cap to the amount you can use for the coverage premiums of the following insurance plans, also known as the Additional Withdrawal Limit (AWL). The maximum MediSave limit you can use for the private insurance coverage varies according to age (Age Next Birthday) and is as follows:

  • 1 - 40 years: S$300
  • 41 - 70 years: S$600
  • > 70 years: $900

Health Insurance Plans

1.       Enhanced IncomeShield

Eligibility: For all Singaporean citizen or Permanent Resident and Foreigners, Until 75 years of age

Coverage Term: Lifetime

Rider:

  • Deluxe Care: Keeps out-of-pocket expenses on hospital bill as low as possible
  • Classic Care: Keeps your hospital bill by panel specialists affordable

(A) Enhanced IncomeShield (Basic)

Ward Entitlement: Restructured hospital for ward class B1 and below

Policy year Limit: $250,000

(B) Enhanced IncomeShield (Advantage)

Ward Entitlement: Restructured hospital for ward class A and below

Policy year Limit: $500,000

(B) Enhanced IncomeShield (Preferred)

Ward Entitlement: Standard room in a private hospital or private medical institution

Policy year Limit: $1,500,000

Benefits:

  • Reimbursement for pre- and post- hospitalisation expenses, incurred for eligible medical treatments up to 100 days, before and after hospitalisation.
  • Reimbursement for emergency inpatient hospital treatment expenses while overseas
  • Reimbursement for treatment expenses incurred up to 180 days and 365 after hospitalisation if the inpatient hospital treatment is provided by our panel and paid for under the Enhanced IncomeShield Preferred Plan
  • Access to a panel of private medical specialists for your medical care
  • Waive hospital deposits with a Letter of Guarantee

2.       IncomeShield Standard Plan

 Eligibility: For all Singaporean citizen or Permanent Resident and Foreigners

Coverage Term: Lifetime

Ward Entitlement: Restructured hospital for ward class B1 and below

Policy year Limit: $150,000

Rider (Last Entry Age: 75 years of age):

  • Deluxe Care: Keeps out-of-pocket expenses on hospital bill as low as possible
  • Classic Care: Keeps your hospital bill by panel specialists affordable

Benefits:

  • Reimbursement for eligible inpatient hospital treatments such as surgical procedures, surgical implants and intensive care unit expenses
  • Reimbursement for eligible outpatient hospital expenses such as Chemotherapy and Radiotherapy for cancer, renal dialysis and drugs approved under MediShield Life for chronic renal failure or organ transplant
  • Waive hospital deposits with a Letter of Guarantee

3.       Co-Pay Assist Plan (Group Insurance Plan)

 Eligibility: For all Public Officers covered under the Co-payment Scheme (CCS)

Coverage Term: Depends on the company's policy

Ward Entitlement: Depends

Rider: NIL

Benefits:

  • Minimise out-of-pocket expenses
  • Medical Treatment Coverage - Save on inpatient and outpatient treatment expenses with the co-payment rates of up to 7.5%of eligible medical bills and up to 20% of your dependants’ eligible medical bills

4.      ElderShield 400

Note:  ElderShield 300 have been withdrawn since 30 September 2007. If your ElderShield coverage began before 30 September 2007, you get monthly payouts of $300 for up to 60 months for severe disability.

Eligibility: Auto-Coverage for all Singaporean citizens and Permanent Residents (PRs) with CPF MediSave Accounts from the age of 40. Alternatively, if not covered, you can apply when you are above 40 and up to 64 years of age

Premium Payment Period: Payable up to policy anniversary after your 65th birthday

Coverage Term: Lifetime

Rider: NIL

Benefits:

  • Lifetime coverage against severe disability - given that you are unable to perform at least 3 of the following daily living activities independently:
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  • Receive monthly benefit of $400 for up to 72 months - Total of $28,800
  • Paying of premiums using Medisave account

5.      PrimeShield

Supplementary to the Basic ElderShield Plan (300 or 400) to provide greater coverage

 Eligibility: All Singaporean citizens and Permanent Residents (PRs) with an existing Basic ElderShield plan, aged between 40 to 64 years old

Premium Payment method: Use of up to $600 from your MediSave account (per insured person per year)

Premium Payment Period:

40 - 46 years of age: Payable up to policy anniversary after your 65th birthday

47 - 64 years of age: 20 years

Coverage Term: Lifetime

Rider: NIL

Levels of Monthly Disability Benefit:

  • $500
  • $1,000
  • $1,500
  • $2,000
  • $2,500
  • $3,000

Benefits:

  • Higher Monthly Disability Benefit - Monthly Disability Benefit level chosen, less any payout under the Basic ElderShield Plan
  • Guaranteed Lifetime Payout, even after the Basic ElderShield Benefits have been exhausted
  • Lump-sum Benefit - 3 times your chosen monthly disability benefit
  • Dependant Care Benefit - If your child is under 21 years old, you will receive additional 25% of the monthly disability benefit, payable monthly for up to 36 months in your lifetime
  • Get Well Benefit or Death Benefit - One-time payout of 3 times your chosen monthly disability benefit

5.      MINDEF - Portable Medical Insurance

Eligibility:

1. Servicemen

  • SAF regulars (Regulars) and full-time National Servicemen (NSF)
  • Defence Executive Officers (DXO) and Executive Assistants (DXEAs)
  • Public Officers posted to work in MINDEF

2. Dependants

  • The legally married spouse of the Servicemen not separated or divorced from the Servicemen
  • The natural, legally adopted or step-child(ren) of the Servicemen
  • Parents of the Servicemen

Benefits:

  • Coverage for hospitalisation, surgery and certain outpatient treatments as long as premiums continue to be paid, regardless if the service with MINDEF or SAF has been completed
  • Discounted premiums for Income's Enhanced IncomeShield and IncomeShield Standard Plan
  • Payable using MediSave