2. Recommended - MediShield Insurance

Here's why I recommends MediShield Insurance:

• Medical Shield Plans are good as you can pay for the plan using your CPF Medisave account, of which the money is not really yours as you can only use the money in your medisave for things like medical bills, MediShields etc and you can never withdraw it anyway. Only your kins get the money in the event that you passed on.
• It's recommended that you also get the MediShield rider that comes with it as it helps to either cover 100% of your hospitalization bills or at least the main bulk of your hospitalization bills so that you only pay a fixed amount of the bill. (See my MediShield article for more info)
• Please take note that in order to make a claim, you need to at least stay in the hospital for at least 8 hours except for day surgery.

The following topic will be on Accidental Insurance.