Integrated Shield Plans

Integrated Shield Plans (2)

How do I get
the Integrated Shield Promotions?

Apply for a new plan

Get up to $40 cashback and $80 in vouchers

GET A QUOTE

Appoint us as your adviser

Get up to $40 cashback and $80 in vouchers. No change to policy terms

APPOINT US AS ADVISER

InsureDIY is dedicated to ensuring that you and your family are well covered. From now till 30 Sept 2020, simply appoint us as your Integrated Shield adviser for your existing policy today or apply for an Integrated Shield Plan through InsureDIY and get rewarded!

Up to $40 instant cashback^#

$80 in InsureDIY vouchers to offset your Motor, Travel and Domestic Helper Insurance premiums^#+

# Cashback amount depends on the total Intergrated Shield Plan premiums at the last renewal. See table below.

*** Refers to the total premium for your Integrated Shield plan and Shield rider at application with us or at the previous premium payment. Only NTUC Income or Raffles Health Shield plans are eligible. Instant Cashback is only available to existing InsureDIY customers who have bought at least 1 policy through InsureDIY at the time the Shield plan is transferred to InsureDIY. We will send you your Instant Cashback within 14 work days after InsureDIY has been appointed as your servicing adviser. If you are not an existing InsureDIY customer, the cashback will be paid to you within 14 working days of your first policy renewal with us. Cashback is valid until 31 Dec 2020 and available for the first 50 new policy applications or transfer of agent policies.

#+ $80 InsureDIY vouchers are not to be used in conjunction with other InsureDIY promotions but may be used on top of Insurer's promotions. Multiple InsureDIY vouchers cannot be used together in a single purchase. Applicants below the age of 21 are not eligible for the vouchers. The vouchers comprise:

$10 Annual Travel Insurance Voucher
$40 Motor Insurance Voucher
$30 Domestic Helper Insurance Voucher

What is an
integrated Shield plan?

If you are a Singaporean or a PR, you are automatically covered under our national medical insurance scheme: MediShield Life.

MediShield Life, however, was only designed as a basic cover to pay for hospital stays in Class B2/C wards. These are 6 to 9 beded wards. MediShield also does not cover pre and post hospitalisation claim.

To improve the basic MediShield Life cover, over 60% of Singaporeans have bought a private Integrated Shield Plan. These plans are offered by insurers like NTUC Income and Aviva. The policy cover can be improved even further by adding a rider that will cover most of the deductible and co-insurance amount under the Integrated Shield Plan.

Not sure if you have a Shield plan? Check here.

Can MediSave be used to pay for this?

As an Integrated Shield Plan provides additional insurance coverage, there will be additional premium that has to be paid using your MediSave up to an a certain amount (Additional Withdrawal Limit). The excess amount will have to be topped up in cash. Having an additional Integrated Shield Plan will provide you the option to choose the type of wards, doctors and hospitals in public and private hospitals.

You can also use your MediSave to pay for your children's Integrated Shield premiums.

How much
coverage should you buy?

This really depends on the type of hospital you would like to stay in:

Private hospitals;

Class A wards; or

Class B1 wards

If you wish to limit your exposure to really large hospital bills, buying a rider to cover some of the co-payment would be ideal.

Here are some common questions
about Integrated Shield Plans

1. Are the premium rates guaranteed from year to year?

No, the premium rates may change from time to time and are not guaranteed. The product is guaranteed renewable, however, which means that the insurer has to offer you the product the following year if you are already a policyholder.

2. How much of my MediSave can I use for Integrated Shield Plans?

These are the MediSave withdrawal limits for Integrated Shield plans:

$300 if you are 40 years old or younger on your next birthday
$600 if you are 41 to 70 years old on your next birthday
$900 if you are 71 years or older on your next birthday

3. Can foreigners apply for an Integrated Shield Plan?

Yes, as long as you are resident in Singapore.

4. I don't know if I have an existing Shield plan or not.

If you are not sure of what Shield plan you have, please leave your contact details and we will email you the instructions on how to check.

5. Appoint InsureDIY as Adviser

Download the Change in Adviser Form here and email it back to us. If you have been referred to us, please include the Referral Code in your email. Your existing policy terms & conditions will remain the same as before. InsureDIY will be appointed to service your policy and claims.


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InsureDIY is an online financial adviser licensed by Monetary Authority of Singapore and we are an approved adviser by our panel of insurance companies. This advertisement has not been reviewed by the Monetary Authority of Singapore.