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| Photo: Health by flickr - Tax Credits |
What is health insurance?
Health Insurance provides you and your family with financial benefits when you suffer partly or fully financial loss from a result of an accident, illness or disability. It can provide an income while you are disabled or in hospital, or help you to cover the cost of your medical treatment or nursing care.What type of health insurance product do i need?
The type of health insurance product you need are depends on what you want to protect against.You may want to
- have your medical expenses paid
- received a fixed amount of cash when you are in hospital
- reduce your financial burden when you are diagnosed with major illnesses like cancer, heart attack, stroke, paralysis, kidney failure, major organ transplant and etc.
- replace your income when you are unable to work
- pay the cost of any health care you need when you are too weak to look after yourself
You can find more information about each type of product by using the search box provided.
Question to ask before taking up health insurance
☐ What will my health insurance policy cover?☐ Am I already covered for the same thing under another health insurance policy?
☐ What doesn't the health insurance policy cover and when will i not be covered?
☐ When will the fully covered under the policy start cover?
☐ How much will i be paying for my health insurance and will i be able to afford the premiums over the long term?
☐ How often the premium be charged and will it be a fixed or variable sum?
☐ Can the insurance company change the premium in the future from those shown to me when i buy the poicy? How much notice will i be given of any such change?
☐ Will my policy automatically be renewed and what is the penalty if i do not pay any premium on time?
☐ When or in what circumstances will my health insurance policy end?
☐ How do i cancel my policy?
☐ How do i make a claim?
☐ Are there any limits to the benefits that can be paid out from my policy?
☐ How will my future premiums be affected after i have made a claim?
☐ Will i be covered for medical treatment perform ourside the country?
☐ How is my health insurance policy affected by other schemes that pay for healthcare?
