Insurance provides protection against the risk of undesirable outcomes.  MediShield Life protects all Singapore Residents against the risk of large hospitalisation bills.  As with all insurance plans, we would prefer not to have had to claim from our health insurance, as doing so would mean that we have fallen ill. We all want to enjoy good health as far as possible.  But with MediShield Life, we can have peace-of-mind that if we do fall sick and incur a large bill. We can enjoy better protection, with higher payouts to reduce the amount that we need to pay using Medisave and/or cash.

This information is sourced from MOH