What health insurance plans do you need?

If you’re wondering, “What insurance do I need?”, just know that different stages of life call for different approaches to choosing what’s right for you. With so many health insurance plans on the market, though, how do you know exactly what to get? We asked some medical insurance experts for advice on life and health insurance plans including maternity insurance for expats in different scenarios.

#1 Maternity insurance for growing families

The team from Pacific Prime CXA Singapore 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. It may be tempting to opt for the cheapest plan you can lay your hands on, but this isn’t a smart move in the long run because not all health insurance plans are created equal.

Maternity benefits should be purchased early because, in most cases, they are attached with a waiting period ranging anywhere between 10 and 24 months. Also, it’s important to remember 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 CXA Singapore
#09-02 China Square Central, 18 Cross Street
6346 3781 | pacificprime.sg 

#2 International health insurance for expat families

For frequent travellers and expats who plan on continuing to live outside of their home countries

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 across the globe.

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’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.

Starting in 2023 for Singapore, Allianz has an alternative option for Moratorium Underwriting, which is quicker to set-up and hassle-free. Essentially, it sets a waiting period for pre-existing conditions, so insurance risk is minimised.”

Allianz Singapore
79 Robinson Road, #09-01
6395 3844 | allianzcare.com

Now you’ve got your health insurance plans covered, why not take a look at things to do in Singapore and our neighbourhoods guide if your deciding where to live in Singapore? 

You can also check out more articles on health and fitness here.