An accident, illness or disability may leave you with some financial loss. Besides incurring medical and /or hospitalization costs, you may be unable to work, whether partially or fully, during your recovery. Health insurance is a type of insurance coverage that covers the cost of an insured individual's medical and surgical expenses.
Why is Health Insurance important?
Health insurance is important because the individual would not have to pay the whole sum out of their own savings, Medisave or depend on their employers for healthcare support.
I already have MediShield Life, why do I still need to purchase Health Insurance?
MediShield Life does provide coverage for health issues like a health insurance however it only provides basic coverages as such if you need more subsidies it will be good to have another Health Insurance to provide additional protection for you.
*Disclaimer: PolicyPal does not, at any time, underwrite, originate, or issue insurance policies and/or insurance contracts. The underwriting, origination, and issuance of the insurance policies and/or insurance contracts are the sole provision and responsibility of the respective insurance company that a User may contract with through the PolicyPal app. Thus, any policies, liabilities, coverage, or responsibilities relating to an insurance policy purchased through PolicyPal (directly or indirectly) remain the sole province of the insurance company that provided that policy/contract. Furthermore, any claims or disputes in relation to policy/contract claims should be addressed to the underwriting, originating, or issuing insurance company as specified in that policy/contract. PolicyPal is unable to mediate, assist, convey, or dispute any claims or other issues related to the liability, coverage, or scope of any insurance product.
Please also note that PolicyPal will not be liable for any mistake, error, or omission that may occur during the electronic processing of the policies/contracts on the platform. PolicyPal will use its best efforts to ensure that any mistake, error, or omission is corrected when discovered. Users should inform PolicyPal in the event of their discovery of any mistake, error, omission, and/or update in the policies/contracts or their user details.