Insurance
Question on medical insurance with low claim amount
By Wilfred Ling, The IFA on Duty  •  December 13, 2009
[caption id="attachment_2064" align="alignright" width="150" caption="Photo by sunshinecity"]Photo by sunshinecity[/caption] “Dear Wilfred, For the past 20 years I paid my medical insurance product called Z faithfully without any claims. Recently I was admitted to hospital at a private hospital. The bill came up to be $X,XXX.. I was dismayed that I could only claim a shocking $XXX (10 times less than the original bill). The insurer cited technicalities as an excuse. I want to complain to CASE. I am writing this so the public is made aware of such pitfalls in their medical insurance. Regards – J” Dear J, Read more...
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By Wilfred Ling, The IFA on Duty
Wilfred Ling is a Chartered Financial Consultant with Promiseland Independent Pte Ltd. He is a fee-based financial planner by profession.
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