How do I know my personal insurance in Singapore?
You can log in to Healthcare dashboard 'Coverage and premium details' to check the coverage and premium information for yourself and the dependant(s) you are paying premiums for.
What is group ID on insurance card?
Member ID Number: identifies you, the insured. Group number: Identifies your employer plan. Each employer choses a package for their employees based on price, or types of coverage. This is identified through the group number.
Can I claim 2 insurance policies Singapore?
Life insurance and related products (endowment, invest-linked, critical illness, personal accident) let you claim across multiple policies. However, you should note that there will be a total limit to the amount you can claim.
Can insurance be paid by CPF?
Your CPF helps you pay for your medical expenses and health insurance premiums. MediSave, MediShield Life, CareShield Life provide healthcare protection for those with CPF.
How do you check if I have MediShield?
You can check the status of your MediShield Life claim via 'My Activities' after you log onto "my cpf Online Services" with your SingPass.
What are the 3 main types of insurance?
We begin with an overview of the types of insurance, from both a consumer and a business perspective. Then we examine in greater detail the three most important types of insurance: property, liability, and life.
What are the 4 types of insurance?
Four types of insurance that most financial experts recommend include life, health, auto, and long-term disability.
Can you claim from 2 insurance?
Yes, you can claim health insurance from two different insurance companies. Here, it is essential to remember that you need to keep the insurance companies informed about any existing health insurance policies that you may have from other companies.
Can we claim insurance from two companies Singapore?
No, you cannot raise the same claim with two different insurers. You need to claim with the first insurance company and if your medical expenses are more than the sum assured, then you can opt for reimbursement for the balance amount from the second insurance company.
Can you claim more than 1 insurance?
Policyholders can have any number of health insurance plans. However, they cannot claim reimbursement for the same expense from multiple insurers. If one cover is not sufficient, the other cover can be used to cover the expenses.
Can I pay my insurance with CPF?
Aside from the mandatory healthcare insurance plans, CPF members can also use our CPF monies to pay for two other insurance plans.
Can I use MediSave to pay for insurance?
MediSave can be used to pay for an individual's own health insurance premiums, or those of their approved dependents. MediShield Life and ElderShield or CareShield Life premiums can be covered fully by MediSave.
What can CPF be used to pay for?
The CPF Ordinary Account (CPF OA), which is where the bulk of your CPF contribution goes to at a younger age, can be used for housing, insurance (such as the Dependants' Protection Scheme), investment and education.
Can I use special account to buy insurance?
Funds in either our OA or Special Account (SA) can be used to pay for the premiums.