Raise your hand, if this has happened to you:
You moved to Singapore for a great job, or landed a great job while already here. The money was right. The work was rewarding.
But, the medical benefits? Not so much.
You’re not alone. Often, expats who receive insurance coverage from their employers assume it is sufficient. Only later do they realise they do not receive certain types of important benefits. One prime example: Frequently, health coverage provided by employers only offers partial or no coverage for your dependents.
Given that medical treatment in Singapore can be expensive, it’s that much more important for expats to ensure they are adequately covered by the right kind of insurance. (Just FYI, this goes for Singaporeans who may live or work abroad, too.)
Learn more below about FWD International Health’s great offerings for expat families in SG and Singaporeans who need international coverage. And, because the best time to get insured is now (hey, medical costs aren’t getting any cheaper!), the company is giving away pairs of tickets to the Singapore Urban Polo – for the first 50 people to sign up for insurance before 31 January 2020. Bonus: Three lucky winners will walk away with an additional pair of exclusive VIP tickets worth $1,200!
Is it Right for You?
You are eligible for the policy if you are between 18 and 65 years old, currently reside in Singapore and have a valid NRIC/FIN – this goes for expatriates and Singaporeans, who need international health coverage.
The plan can also cover your spouse (18 to 64) and kids (21 years and below).
Unlike employer-provided health insurance, international health insurance can often be continued when you move home or to another country*.
Meaning? You can make claims for medical expenses incurred not just in Singapore, but also, in FWD’s case, at any of the medical facilities in a global network.
Best of all? You also have the flexibility to request any doctor you wish, knowing that your medical costs will be covered.
*Note: With the exception of the United States, Canada, Japan, Korea and sanctioned countries, you can continued to be covered.
How Does it Work, Exactly?
The process of signing up for FWD International Health is just as easy as signing up for any of its plans: Answer a few questions on its website, choose your benefits and plan details and then pay. The entire process is online, and you’ll receive your policy document immediately via email.
The coverage is effective as soon as the application is completed, and you receive your policy document within minutes
Even better? Choosing a doctor is just as simple – from FWD’s extensive panel, including 500 options in Singapore alone.
It Comes with Perks
Just some of the benefits of FWD’s International Health insurance include:
- Double your coverage for no claim bonus: The longer you go without making a claim, the more you benefit. You enjoy double the annual limit when you go two years without making any hospitalisation claims, making your insurance premiums affordable as the years go by.
- Cashless facility at FWD network hospitals: Don’t worry about having to fork out any cash at hospitals in FWD’s network, as the bill will be automatically settled by FWD.
- Continuation of coverage in your home country: When you eventually head home, your insurance coverage does not cease thanks to the portability of FWD’s international health insurance.
Other Added Benefits
You can also enhance your plan with outpatient, dental and vision as well as maternity coverage, specifically:
- Optional outpatient benefit: Enjoy from $5,000 to full coverage for a year on prescribed medications, visits to the GP, traditional Chinese medicine, health checkups and vaccinations.
- Optional dental benefit: Routine dental checks, extractions, implants and crowns are covered from $750 to $1,400 a year.
- Optional vision benefit: From $100 to $300 for every two years is covered on vision checks and eyeglasses or contact lenses.
- Optional maternity benefit: Protect your next pregnancy and precious baby-to-be by investing in coverage for the cost of delivery as well as pre/post delivery treatment and checkups, from $8,000 to $20,000 a year.
Ready to Sign Up?
Go here to get a quote today – and be entered to win tickets to experience the Ultimate Sport of Kings! Remember: Fifty lucky winners be able to view all the games and enjoy the sights and sounds of the event, while three extra-lucky winners will get VIP passes to the FWD marquee at the event.
by Sara Lyle Bow, January 2019 / images: 123RF.com
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