Singlife has announced the expansion of its Singlife Shield and Singlife Health Plus plans to include foreigners living, working, and studying in Singapore. This move aims to address the unique healthcare cost challenges faced by non-citizens, who often encounter higher out-of-pocket expenses compared to locals eligible for subsidies.
The enhanced Singlife Shield Plan 1 offers up to S$2m in annual coverage for private hospital treatments. This plan, in collaboration with IHH Healthcare Singapore, provides access to over 700 specialists. Meanwhile, Singlife Shield Plan 2 covers up to S$1.2m for Class A wards in public hospitals, marking it as the highest coverage available for foreigners in Singapore’s public hospital plans.
Additionally, Singlife Health Plus offers supplementary benefits for cancer treatment, critical illness, and mental wellness. These plans are available to holders of various passes, including Employment Pass, S Pass, and Student Pass, among others.
Helen Shen, Group Head of Products at Singlife, emphasised the importance of these plans, stating, “For many foreigners, Singapore is more than a place to work – it’s where they have chosen to build their lives. By extending Singlife Shield and Singlife Health Plus to eligible foreigners, we’re giving them greater choice and control to better manage unexpected medical costs.”
Singlife’s initiative not only provides comprehensive healthcare protection but also offers critical illness plans with lump-sum payouts, ensuring financial security against unforeseen medical challenges. Families can benefit from discounted premiums and free coverage for children up to 20 years old under specific conditions.
