Start Young to Enjoy Lifelong Protection with Voluntary Health Insurance Scheme
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Many young people may think that they are healthy and have a slim chance of getting serious illnesses, thus brushing aside the need for medical insurance. Nonetheless, life is full of uncertainties. Without medical coverage, you will miss an extra protection in case of having the need for hospitalisation or surgery. Worse still, when you apply for insurance coverage with pre-existing conditions, it is more likely that the insurance companies will reject your application, or impose premium loading and/or case-based exclusion(s) on you.
Plan ahead and buy the Voluntary Health Insurance Scheme (VHIS) Certified Plans for greater peace of mind. Your coverage will be guaranteed up to the age of 100 years upon VHIS policy inception, meaning that your protection will continue without re-underwriting even if your health condition changes or you make claims after buying the plan.
Start Early and Get Insured at a Young Age
Starting the first job after graduation, young adults should plan ahead for the future with medical protection in order to alleviate the potential burden of unexpected medical expenses. Even though you are now covered by the group medical insurance offered by your employer, VHIS protection is essential to provide you with medical insurance coverage once you quit your job.
How attractive is the VHIS?
Certified Plans under VHIS are officially certified by the Health Bureau. To enhance consumer protection, all Certified Plans should comply with the minimum requirements of providing the following key product features –
Diversity of VHIS Certified Plans
There are two types of Certified Plans, namely Standard Plan and Flexi Plans. A Standard Plan offers basic hospital insurance protection. Flexi Plans offer Standard Plan-equivalent protection plus flexible top-up protection such as higher benefit amounts, wider benefit coverage and supplementary…