Recently, I have quite a number of people asking me about MediShield Life and what it is about. Many of them received letters informing them how much premium they are expected to pay. Some of them are probably spooked by the premium amount that they were stunned like vegetable.
With their money at stake,I have quite a number of friends asking me about what is the new MediShield Life about and most importantly, why is the premium so much more expensive as compared to the old MediShield. So, I decided to compile a FAQ on some of the questions discussed among my friends.
What are the main differences between the old MediShield and the new MediShield Life?
- The new MediShield Life covers for life vs the old MediShield covers till age 92.
- The new MediShield Life has a lower co-insurance (3%-10%) vs the old MediShield (10%-20%) ...
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