Insurance
Enhanced Aviva MyShield
By Sethisfy  •  July 10, 2011
Good news to MyShield policyholders and people considering to take up MyShield – Aviva has recently enhanced MyShield, their integrated Medishield policy designed to insure against healthcare costs in Singapore. Even better news would be that these improvements in benefits do not come with any increases in premiums. Here are the notable enhanced benefits:
  • Interim Coverage while policy is being processed
  • Letter of Guarantee now includes private hospitals
  • Increased Annual Claim Limit
In my opinion, the interim coverage is quite a useful feature to have. While most life policies give interim coverage should the person pass away due to an accident before his policy is in force, Aviva’s MyShield would be the first integrated Medishield hospitalisation policy that provides interim coverage while the application is still being processed. This coverage is up to $30,000 in medical reimbursements for inpatient expenses in a local restructured hospital due to an accident. As ......
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By Sethisfy
As an adult, I’ve been through many ups and downs in my career path and personal finance journey, not unlike many Singaporeans. From my years as a tied insurance agent turned independent financial adviser, I realised that there are very few sources of proper, unbiased financial advice for working adults to access. Worse, self-styled “financial consultants” are selling products like savings plans and ILPs to the detriment of the clients whose interests they were supposed to serve.
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