Insurance for Kidney patient

My mum's kidney is now left with 10% kidney function and if it fails further kidney dialysis is needed.

My friend's mother is already on kidney dialysis.Each month, Incomeshield pays $2000 for the dialysis, and other cost that is beyond the cover can be up to $700 more in expenses.

Say what one like, wholelife plan, especially those with limited premium payment may be good for last stage of one's life.I have 3 Living Policy myself taken over the years when there was no limited premium payment plan then. In my old age, I will continue these policies, so that I will not be a burden to the next generation. I wish limited premium plan was available then.Premium can be high for wholelife, but it gives one peace of mind in old age.

This is what I see in my friend's mother and my own mother now.

Shield Plan is the most basic important plan to have.

A critical illness wholelife plan of appropriate amount will be helpful.

Why burden the next generation?

Giving Back to society

At the last AGM, if you look at the NTUC Income Annual report, it will reveal the Chairman and Director's fees. The fees are so low, and imagine the responsibility the Board shoulder in guiding the Co-operative forward.

I wonder why these group of professionals serve on NTUC Income Board that pays them so low a fee. I believe these group of men are giving their service back to society seating on the Board, especially the Chairman.

If you have attended the last AGM, you will feel the heavy responsibility this Board shoulders in bringing and guiding NTUC Income forward for the benefit of policyholders, despite the low director fees they receives.

The mission statements of the Chairman and CEO are as follows if you click on the link below or go to NTUC Income website.

- CEO's Statement on Bonus Re-structure
- Chairman's Speech at the AGM
- FAQ on Bonus Re-structure

Low Cost check up for Chronic Illness for age 40 to 49

Government has announced an initiative to provide low cost medical checkup for chronic illness like diabetes, hypertension, etc.

This is a good initiative, but before you jump into it, this is my advice.

At least 6 months before you decide to do it, review all your medical insurance and life insurance needs.

Medical insurance like the Shield Plan and your protection and especially the critical illness needs, before you decide to take the checkup.

Well and good, after the test, you are certified healthy, BUT, if something crop up, then it will be a problem to get insured especially for Shield Plan without exclusion.

Perhaps Ministry of Health and CPF Board should come together to offer the Shield Plan first before one takes up the test.

This is just my advice that if you intend to do the checkup, do your own review first.