Which Insurance Riders Do You Actually Require In Singapore?
An insurance rider Singapore is an add-on that can be added to your insurance policy. A rider adds additional benefits or protection to the original plan's protection. When comparing insurance plans across insurers, it is critical to compare not only the basic plans but also the riders. In Singapore, the most common riders are health insurance riders and life insurance riders. The best part is that the riders for these two different types of insurance are typically quite similar across almost all insurance companies in this city state which makes comparison easy. Every Singaporean knows about health insurance covering med shield covers the basic hospitalisation costs. But if you want more then you need to learn about Integrated Plans or IPs which are hospitalisation insurance plans working in combination with MediShield Life, Singapore's basic government health insurance scheme that covers Singapore citizens and PRs. In a nutshell, IPs cover the majority of your medical ...