Nothing is more important than your health and well-being, loss of good health can mean a loss of earnings if you are unable to work, and it can also mean medical bills that are extremely expensive.
Health Insurance can help you cover a big part of those costs and it can also help individuals to lead more healthy lives by paying for preventive measures such as regular check ups (for example, AIA’s Woman of Wisdom & Glow of Life provides free medical checkups every 2-years for ladies.)
In Singapore, most of us are covered by Medishield, this is a low-cost insurance scheme which provides the most basic protection.
In recent years medical costs have been on the rise and it can easily wipe out a lifetime of savings with just one major medical event. Even the most routine of surgeries can cost over thousands of dollars, more sophisticated procedures can easily run into the hundreds-of-thousands of dollars. Basic coverage may not be enough anymore.
Health Insurance can help you pay those skyrocketing cost and save you from financial ruin.
If you would like to know more about Health Insurance, feel free to send me an email @ mark.lim@aia.com.sg
Stay Healthy!
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