If you’re wondering, “What insurance do I need?”, just know that different stages of life call for different approaches to choosing the plan that’s right for you. With so many plans on the market, though, how do you know exactly what to get? We asked some insurance experts for advice on health insurance including maternity insurance in Singapore for expats in different scenarios.
#1 Maternity insurance for… growing families
The team from Pacific Prime says:
“Welcoming a new family member is indeed one of the most beautiful and rewarding experiences in life. However, it can also turn into a stressful event, especially if you’re giving birth outside of your home country. The quality of healthcare treatment in Singapore is outstanding, but it comes with a hefty price tag. Whether you are an expat or a local living in Singapore, not having suitable maternity coverage can be risky. Opting for the cheapest plan you can lay your hands may be tempting. But, this isn’t a smart move in the long run, as not all health insurance plans are created equally.
Maternity benefits should be purchased early because, in most cases, they are attached with a waiting period ranging from anywhere between 10 to 24 months. Also, it’s important to point out that maternity policies typically have a long list of terms and conditions – from childbirth complications to newborn underwriting. Our dedicated team of experts are here to help and answer any questions you may have, not only regarding benefits, claims, and coverage but also for any general advice you need about maternity and insurance in Singapore.”
Pacific Prime Singapore
#14-05 China Square Central, 18 Cross Street
6346 3781 | pacificprime.sg
#2 International health insurance for… expat families frequent travellers and expats who plan on continuing to relocate
The team from Allianz Care Singapore says:
Designed to cover you globally, international health insurance plans offer coverage anywhere within your chosen region of cover, making it an ideal choice for expat families. While these plans can be more costly than local ones, they tend to be more comprehensive, usually featuring higher coverage limits (especially useful with kids!) and a wider network of providers.
International plans also offer the invaluable peace of mind knowing you’ll be covered for any necessary treatments during your trip abroad. While travel insurance is useful for short-term and one-off trips, international plans offer more extensive medical coverage, and usually include coverage for elective, day-to-day doctor and dental visits, emergency care, and even advance scheduling of treatments and surgeries abroad.
Many international plans have added benefits as well. For instance, Allianz Care’s international health insurance plans include an Expat Assistance Programme that offers 24/7 multilingual assistance, direct billing with medical providers, fully completed medical claims processed within 48 hours, travel security services and more.
Allianz Care Singapore
allianzcare.com
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