Insurance
NTUC HospitalCare Plan & DBS COVID-19 Hospital Cash Insurance!
By The Astute Parent  •  March 2, 2020

Novel Coronavirus (COVID-19) continues to spread and confirmed cases in Singapore have already exceed 100!

These are two hospital cash insurance plans to take on to insure yourself.

Especially useful if you are self employed (adviser, agent, tutor, business owner, freelancer...) because each day hospitalised is a loss of income.

What if you are quarantined because of COVID-19

This is a little bit on quarantine in Singapore for COVID-19

An individual who has, or is suspected to have, an infectious disease is quarantined or isolated to limit the spread of communicable disease in the community.

The Quarantine Order Allowance Scheme was set up to mitigate financial impact for those who have been served quarantine orders under the Infectious Diseases Act.

Claims of S$100 a day can be made by people who are self-employed and by employers for their employees.

Source: Today

In the source above is a story of a private tutor who is impacted as a self-employed. Thankfully,

...

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By The Astute Parent
We have been sharing in-depth insurance plan reviews to our community since 2016. TheAstuteParent is now the BIGGEST online resource of financial planning guides. We are committed to upholding it that way.
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