Entering the workforce is a significant milestone in one’s life. It marks the beginning of a journey towards financial independence and personal growth. However, amidst the excitement of a new career, young professionals often overlook a critical aspect of their well-being—health protection.
The Need for Early Health Protection:
As young professionals, you are likely in the prime of your health, and it’s easy to believe that health insurance can wait until you’re older or facing health issues. However, the reality is quite different. Here’s why:
Emergencies Can Happen Anytime: Accidents and unexpected health issues can occur at any age. Being young doesn’t make you immune to medical emergencies.
Rising Healthcare Costs: Singapore’s healthcare costs have been steadily rising. Even minor medical procedures or hospital stays can have a significant financial impact.
Peace of Mind: Health insurance provides not just financial protection but also peace of mind. Knowing you have coverage can alleviate the stress that comes with unexpected medical expenses.
This is where Singlife Shield Starter and Singlife Health Plus Starter comes into play, offering a simple and affordable entry-level plan tailored for those taking their first steps into the working world.
Singlife Shield Starter: Your Ideal Entry-Level Plan
Singlife Shield Starter is designed with young professionals like you in mind. It’s a straightforward yet comprehensive health insurance plan that offers several advantages for those starting their careers:
Budget-Friendly Premiums: One of the most significant advantages of Singlife Shield Starter is its affordability. It recognises that you’re just starting your career, and your budget might be limited. The low premium makes it accessible to young professionals from various financial backgrounds. The S$300 annual premium for Singlife Shield Starter is payable via MediSave, while an out-of-pocket cost of just $1 is required for the rider.
Simplicity in Application: Singlife Shield Starter eliminates the hassle of medical check-ups. You can apply for this plan easily online by answering just five health underwriting questions. This means less paperwork and more convenience for you.
Digital Convenience: Singlife Shield Starter is a digital-only product, aligning perfectly with the tech-savvy lifestyle of young adults. You can purchase and manage your plan entirely online, giving you full control over your insurance.
Future-Ready: While Singlife Shield Starter offers a basic level of coverage, it’s also designed to grow with you. When you turn 40, the plan automatically converts to Singlife Shield Plan 2 with no underwriting, offering higher coverage up to S$1 million. Additionally, as we mature, our health will naturally deteriorate, affecting our insurability. Hence it is always advisable to start getting insured while we are young and healthy.
Starting your career is an exciting phase of life, but it’s also the perfect time to start thinking about your health protection. Singlife Shield Starter is your ideal entry-level plan, offering simplicity, affordability, and peace of mind, yet provides the option for you to opt for treatment at a private hospital.
Don’t wait until you’re older or facing health issues to secure your health insurance. With Singlife Shield Starter, you can take the first step towards a healthier and financially secure future, all while enjoying the convenience of a digital-first approach.
Use promo code GST0 for a GST Waiver to the first-year premium until December 31, 2023.
Your health is your most valuable asset—protect it wisely from day one.
Terms and conditions apply.
This policy is underwritten by Singapore Life Ltd. Salary.sg is not an insurance agent or intermediary and is not allowed to solicit any insurance business or give advice on or recommend any product nor be involved in any discussions, negotiations or the arrangement of any insurance contract between you and Singapore Life Ltd. Please direct all enquiries to Singapore Life Ltd.
This material is published for general information only and does not have regard to the specific investment objectives, financial situation and particular needs of any specific person. You should read the Product Summary and seek advice from a financial adviser representative before making a commitment to purchase the product.
As this product has no savings or investment feature, there is no cash value if the policy ends or if the policy is terminated prematurely. Buying a health insurance policy that is not suitable for you may impact your ability to finance your future healthcare needs.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Protected up to specified limits by SDIC.
The information contained in this broadcast is accurate as at 27/11/2023.