NTUC IncomeShield revisions
NTUC Enhanced IncomeShield will be revised from 1st Sep 2010 onwards.
Key changes:
Annual Policy limit increase- 500k to 600k for Preferred plan; 250k to 400k for Advantage plan. (no change to Basic)
Addition of Living Organ transplant benefit (donor)- no restriction on recipient (so long in accordance with Human Organ Transplant Act where no emotional coercion or financial inducement is applied).
Extension of ‘as-charged’ cover for Community Hospital stay- from current 45 days to 90 days.
Premium revision:
Premiums for the Advantage and Preferred plans will be also be revised upwards. A max increase of 10% in annual premiums is expected across age bands.
For those who wish to insure themselves with Enhanced IncomeShield or upgrade their plans at the current rates, their applications must reach NTUC Income latest by 14th July 2010.
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