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Most cancers is Singapore’s main reason behind loss of life. One in each 4 to 5 individuals in Singapore might develop most cancers of their lifetime, and the quantity continues to rise1. So, one’s possibilities of getting recognized with most cancers could be vital.
Whereas many individuals might personal vital sickness insurance coverage insurance policies, few ever actually take into consideration methods to make an insurance coverage declare till they’re recognized with most cancers although the claims course of for widespread cancers similar to breast most cancers for ladies and colorectal most cancers for males could also be reasonably easy.
However what occurs when you’re recognized with a uncommon most cancers?
Battling a uncommon most cancers
Ms Mok discovered that out the onerous means when she was recognized with sarcoma, a uncommon kind of blood most cancers that scientists are nonetheless baffled as to its causes. To make issues worse, detection and prognosis of the situation are very troublesome, and signs differ significantly relying on the situation of the tumour.
What adopted was a sequence of therapies which included surgical procedure to take away a tumour within the lung space and radiotherapy therapies that had been each bodily and emotionally draining. Radiotherapy is a really painful and exhausting course of with unintended effects starting from nausea and vomiting to pores and skin points. Ms Mok additionally skilled persistent coughing as her remedy was centered on the chest space.
However the challenges didn’t cease there. Ms Mok sought remedy as a non-public affected person and didn’t obtain any subsidies. Consequently, she ended up forking out about $50,000 out of pocket over a interval of 4 months.
Her consultations previous to surgical procedure amounted to about $2,000, whereas the operation to take away the tumour price about $20,000. She additionally needed to pay about $20,000 for post-surgery radiotherapy.
It might have been worse, although. As Ms Mok was nonetheless working, she was capable of go on paid medical go away at some point of her remedy, which enabled her to proceed receiving her standard wage throughout that interval.
How insurance coverage helped her get again on her toes
Getting recognized with and handled for most cancers is traumatic for anybody, however Ms Mok was fortunate sufficient to have ample insurance coverage protection, which helped along with her funds and decreased her stress ranges.
Having a vital sickness plan proved to be a lifesaver. Her sickness was labeled as main most cancers and thus coated below the plan. The plan would later supply her a payout which assist to spice up her funds throughout this making an attempt interval.
Singlife’s claims course of turned out to be very simple and quick. Whereas recovering from surgical procedure and earlier than the beginning of her radiotherapy periods, she submitted her declare and was knowledgeable nearly instantly that Singlife had acquired it. Singlife then adopted up through cellphone and electronic mail to request a duplicate of excellent paperwork. As soon as Singlife acquired it, she was knowledgeable that her declare was profitable and her payout was disbursed the very subsequent day.
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Key Options
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The Month-to-month Premium proven is for illustration function solely. It’s calculated based mostly on an annual premium for a 30-year-old, male, non-smoker with a coverage time period of 20 years and S$500,000 sum assured.
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Customise your coverage time period from 1 – X years as much as ANB 99
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Obtain a lump sum coverage payout upon Demise or Terminal Sickness (TI)
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Select to extend your protection quantity throughout key life occasions with out provision of further medical underwriting
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Take pleasure in computerized renewal of your coverage upon expiry
Common Data
| Max. Renewable Age | Age 75 |
|---|---|
| Protection Phrases | 1 – X years as much as ANB 99 |
| Whole Everlasting Incapacity (TPD) Protection Restrict | Age 70 |
| TPD Payout Restrict | S$5,000,000 |
Protection Data
| Demise and TI | Min. S$410,000 |
|---|---|
| Vital Sickness | Min. S$50,000 |
| TPD | Min. S$50,000 |
| Interim Unintended Demise Profit | |
| Terminal Most cancers Profit | |
| Stop Smoking Incentive |
Buyer Service
| Utility Methodology | By way of Insurance coverage Advisor |
|---|---|
| Medical Examination Required | |
| Coverage Supply Methodology | Softcopy |
| On-line Coverage Administration |
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Ms Mok credit Singlife with serving to her by means of what should have been the hardest interval in her life. The payout she acquired from her vital sickness plan not solely coated all the prices she had paid out of pocket, but additionally gave her further monetary help whereas she was recovering.
The nice and cozy and sympathetic service she acquired from Singlife additionally lifted her spirits, and she or he doesn’t recall ever having been handled so nicely different insurers. To a most cancers affected person, care and kindness could make a major distinction in providing hope and the energy to proceed combating.
Singlife not solely presents insurance coverage safety, but additionally ensures that the complete claims course of is as easy and nice as attainable. You’ll find out extra about Singlife’s Vital Sickness Plans right here.
1https://www.nccs.com.sg/patient-care/cancer-types/cancer-statistics
This commercial has not been reviewed by the Financial Authority of Singapore.
The knowledge on this article is appropriate at time of publishing.
This text is merely for instructional function and doesn’t take into account your particular funding targets, monetary state of affairs or wants. The contents are for common info and don’t represent or kind any advice of insurance coverage plan. We suggest that you just search recommendation from a monetary planner earlier than making a dedication to buy a coverage.
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