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I have been insured for many years but have not made a claim. Why should I remain insured under MediShield Life?
Insurance provides protection against the risk of undesirable outcomes and financial costs. MediShield Life provides greater peace-of-mind if policyholders fall sick and incur a large bill. They can enjoy better protection, with payouts to reduce the amount that they need to pay using MediSave and/or cash.
Related questions
I have my own healthcare coverage, why do I need MediShield Life? How is MediShield Life different from other insurance schemes?
Given that the Fund already has significant assets, why is there a need to increase premiums for MediShield Life?
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Are the MediShield Life Fund’s liabilities necessary? Why is there a need to set aside liabilities for recurring claims when premiums are paid annually?
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