Medishield and private Shield Plans are important plans

I will quote to you 2 scenarios on how Private Shield Plans are basic important plan in life.

(Insured with Incomeshield)
( Scenario 1) - My own mother is now on kidney dialysis. If not for the fact that we have a few siblings, the burden can be heavy, even with Incomeshield in place. But Incomeshield is really the plan that cushion off the burden in large proportion for my family.

In Singapore, dialysis in a private dialysis centre cost about $2300 to $2700 depending on frequency and Erythropoietin medicine. Incomeshield Plan Basic pays for up to $2400 per month for dialysis.

Basic Medishield pays up to $1200 a month.

Only in particular for dialysis, one need to take a Private Shield Plan as Basic Medishield cannot meet the need of dialysis treatment.

Reason being in Singapore, there is no government restructure dialysis centre, and most are classified under private, which quite badly impacted basic medishield claim limit as well as some Private Shield Plan claim limit.

(Scenario 2) - If one has no Incomeshield it is really very hard. Yesterday, I brought my mother to visit a distant relative in Yong Peng, Malaysia, she was blinded by diabetes and kidney failed 6 years ago and now on kidney dialysis.

Life is tough in Malaysia, a session of dialysis cost RM220 and after discount is RM170. Twice a week. Erythropoietin drug injection cost another RM60 a week. total RM400 a week.

They live in Kampong, and the children has to bear this cost, which is rather hard on them.

We are fortunate in Singapore, that we have proper insurance scheme like Medishield or Private Shield Plan to help us. But the sad thing is people still do not see the reality of life.

Many people do not appreciate the reality of our blessedness in Singapore.

As I write this in my blog, there are people who will write to me that I am capitalising on my mother's case to sell insurance, can u imagine that? But I still feel the need to write.

Stay Cool in event of an Accident

Some time in event of an accident, it can be frustrating and stressful.

I like to advice that in event of an accident, before vehicle is shifted away from scene, to try and take picture of the scene, if it does not cause danger to you.

I can only say that in this world, there are lots of great liars around.

Their report can turn from black to white and whatever colours they can too.

I have been handling claims liaising for clients with office, and some claims are just ridiculous.

Example,
1. My own brother, hit by a taxi coming out of minor road, the taxi driver reported my brother hit his taxi, speeding. It took me 3 years to use a lawyer to sue him and got some compensation for injury. Imagine my brother nearly died and the taxi driver has the conscience to report otherwise.

2. A client's car got hit, same by a car coming out from minor road, collided onto his side left rear back. I was asked to assist in private settlement, went to a workshop with client, but the other party do not want to pay, so we decided to claim insurance. Hold and behold, the other party initiate a claim with a writ of summon, and she ( imagine a lady ), reported that while her car was parallel on the road, my client's car, cut into her lane, result in her car collide into his side left rear back. Such lies will become a 50-50 case or even she winning the case.

But she is stupid not to realise I was with client at workshop and in court I can be called up as a witness. I told the client, yes, submit my name to the court and I will be there.

There are simply many scenarios. Just report any accident with integrity, if you are right, insurer will defend, if you are at fault, insure will pay the claims.

But bear in mind, some time the LIAR wins, even though you are RIGHT.

Just do not be too stressed, even if lost to a great LIAR.

Car Rear Passenger seat belt campaign

Very interesting and creative rear seat belt campaign, play it and have a good laugh.....