Enhanced Incomeshield Insurance

Tue, Nov 6, 2007

Insurance

I am surprised that some people are not covered by a “shield”

What do I mean by that?

Some people are not insured in terms of their hospitalisation…

Surprised…Surprised….Surprised…

At first, I thought they do not so due to not being educated on this matter or simply due to ignorance….

After probing much further, most of them were rejected due to themselves being overweight or sufferering some cronic illness…

Other types of insurance, if you are overweight, or have cronic illness, they still can accept you with a clause or with a premium loading(pay extra premium)…

However, the acceptance of a shield is different…Its very stringent….

At most what I can advise the reader of my blog here is that, if you are not covered under our Enhanced incomeshield…

I will strongly urged you to do so…

Yes…Its very important for you….Dont wait….

Dont wait till you contract an illness and then want to buy insurance…

That s not the way…

Read Straits Time 1st page on the 27th of October… Even the government see the importance of hospitalisation insurance, that they are making it compulsory for all babies at the point of birth to be covered with medishield.

The premiums for the child medishield will be deducted from the father’s medisave and if the father’s medisave is not enough, then the mum’s medisave will be deducted.

The question is why do the government enforce this ruling on Singaporeans…?

Its because the government is seeing the needs for all Singaporean to have a hospitalisation insurance to protect themselves when misfortunes came knocking unexperctedly on their door.

The cost of hospitalisation in Singapore is already very expensive,and if you are not insured for your hospitalisation, you will found yourself to be in great turmoil in the future…

So…If you are do not have any hospitalisation insurance, get yourself insured now!

 

p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…

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This post was written by:

- who has written 421 posts on The Official Helmi Hakim Website.

A certified financial consultant, Helmi Hakim has won praise for his patience, perseverance and practicality when solving his clients' financial concerns. For more information on how you can manage your finances better, contact Helmi Hakim at 96520134.

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