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AdHealth1
Switch Back to Incomeshield
You were previously insured under Incomeshield, but transferred your insurance
to another Shield plan. I wish to ask you to re-consider your decision.
Key advantages of
Incomeshield:
The premium rates are lower than comparable plans.
It provides adequate coverage to meet most medical treatments.
You can buy a rider to cover the deductible and co-insurance.
You can buy a top-up rider to cover charges beyond the benefit limits.
You can enjoy unlimited lifetime coverage.
The insurance is guaranteed to be renewable for a lifetime, beyond age 80 or
85.
Brief comparison of the total premium payable over 40 years (from age 41 to 80
years) between Incomeshield and other similar plans offered by other insurers.
| Plan |
NTUC Income |
Other insurers |
| A |
$30,000 |
$34,000 to $42,000 |
| B |
$18,000 |
$22,000 to $28,000 |
The coverages provided by the various plans are quite similar, except for some
diffferences in the limits.The difference in premium can be as much as 60%. You
can save up to $12,000 over 40 years, by insuring with NTUC Income. As the
premium rates are expected to increase further in future years, it is important
to choose an affordable plan.
If you wish to switch back to Incomeshield, you can call 6332 1133.
We will arrange with CPF for you to switch back and to get a refund of the
proportionate amount paid to the other plan. You can also add the top-up rider
to cover charges beyond the benefit limits.
NTUC Income
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