1 / 6

6 Questions To Ask Your Insurer Before Buying Health Insurance

Buying health insurance is a big decision. With so many Integrated Shield Plans and insurers available, you would want to make sure that you do things just right. Now, one tip is by asking the right questions. But if you are new to insurance, we understand that this can all sound too overwhelming.

InsuranceHealth
Download Presentation

6 Questions To Ask Your Insurer Before Buying Health Insurance

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 6 Questions To Ask Your Insurer Before Buying Health Insurance

  2. Buying health insurance is a big decision. With so many Integrated Shield Plans and insurers available, you would want to make sure that you do things just right. Now, one tip is by asking the right questions.But if you are new to insurance, we understand that this can all sound too overwhelming. Wait, don’t worry for this article is here to help you out! Read on to discover 6 important questions that you should be asking your insurer before buying your health insurance plan.

  3. Question 1 – What are the benefits I can expect from this plan? When buying an Integrated Shield Plan, you need to know what added benefits you will be getting over and above what you already enjoy from MediShield Life. So, make sure to discuss these in detail with your financial consultant. Look for features such as good coverage for pre- and post-hospitalisation expenses and a wide choice of private and restructured hospitals.

  4. Question 2 – How high can the cover limit go? The main point of opting in for an Integrated Shield Plan is to be able to increase your cover limit as per your needs. Therefore, you would want to be sure that you are getting the amount you require. Some of the best health insurance plans offer you a cover limit that can go as high as S$1 million or even much more.

  5. Question 3 – What are the premiums I can expect to pay? You need to discuss the affordability of your health insurance premiums before you buy the plan. Doing this will help you ensure that you can afford the premiums over the long run as your expenses and responsibilities may increase. • Question 4 – Will I be covered overseas? This question is relevant if you travel abroad frequently. Some insurance companies in Singapore do cover planned and emergency treatment overseas. If this is a feature you seek, do speak to your financial consultant about it. • Question 5 – How do I file a claim? It helps to know that your insurer has a hassle-free claims process. Allow them to take you through their process of raising a claim so that you know in advance how things work. That way, if you face a situation in which you need to file a claim, you are already prepared.

  6. Question 6 - Can I buy your health insurance plan online? Buying coverage online can save you a lot of time and effort. These days, you can easily get an instant quote online and buy your coverage in a matter of minutes. If convenience of purchase is what you are looking for, do check whether you can purchase their plans online. We hope that the answers to these questions will provide you with the information you seek and set you on the right track towards getting the best health insurance plan for yourself and your loved ones.

More Related