People whom have worked with me will know I often start off when discussing ‘Medical’ insurance by clearing defining the total aspects of Medical Insurance, namely,
Hospitalisation – In-patient, Out-patient, Day Surgery, Hospital Income
Disability – Partial
Basically, the above could be summed up as Survival Benefits to an individual whereby your typical Life Insurance is ‘useless’ as it pays NOTHING should any of the above-mentioned event occurs as you are still ‘alive’!
Thus, the immediate impact is the need for a lump sum cash for treatment. If you are the Sole Breadwinner, the next most felt impact would be the total HALT of all income to the family! Expenses would have now escalated because of your condition!
Perhaps, AIA could assist now to present it in a different angle, logon to our microsite: http://www.aia.com.sg/health and find out more.
Alternatively, drop me an email at email@example.com or just call me at +65 6100.4888 for a chat!