Medical Cash

We understand you want daily cash to ease your family's financial burden while you're hospitalised.

With rising medical and treatment costs, the last thing you want to worry about is the additional expenses burdening your loved ones, should you be hospitalised. Medical Cash is a supplementary benefit designed to give you financial support for loss of income due to various medical expenses which may not be covered by your Medisave or hospital and surgical plan.

Benefits^

  • Daily income protection2 of up to $5001 for each day of hospitalisation3
  • (Enhanced) - Triple your sum assured for each day of hospitalisation3 in an Intensive Care Unit4 (ICU)
  • (New) - Daily cash benefit of 150% of the sum assured for each day of hospitalisation3 in the High Dependency Unit5 (HDU) or Coronary Care Unit5 (CCU)
  • Pays on top of an existing hospital or medical plan
  • Payable daily cash benefits while hospitalised overseas for an emergency medical condition6
  • The daily cash benefit is also payable when you are hospitalised due to illness or injury while engaging in hazardous sports or activities, either in your leisure time or those organised by licensed groups6
  • Coverage6 includes hospitalisation due to pregnancy complications, congenital abnormalities, dental treatments due to an accident or HIV due to blood transfusion and occupationally acquired HIV

 

^ Terms and conditions apply
1 The maximum sum assured available is subject to financial underwriting and your occupation.
2 The Daily Hospital Income benefit is not payable for the period where the Daily Intensive Care Unit benefit or Daily High Dependency Unit/Coronary Care Unit benefit is payable.
3 The Daily Hospital Income benefit, Daily High Dependency Unit/ Coronary Care Unit benefit and Daily Intensive Care Unit benefit are subject to a combined benefit limit of five hundred (500) days per Hospital Confinement.
4 The Daily Intensive Care Unit benefit is not payable for the period where the Daily Hospital Income benefit or Daily High Dependency Unit/Coronary Care Unit benefit is payable.
5 The Daily High Dependency Unit/Coronary Care Unit benefit is not payable for the period where the Daily Hospital Income benefit or Daily Intensive Care Unit benefit is payable.
6 Coverage is subject to certain conditions and/or waiting periods applicable for hospitalisation to be payable under the benefits covered. Please refer to your policy document for more information.

How it works

Example : How Medical Cash can help
(Medical Cash as a Supplementary Benefit)
Sum assured S$300 per day
Admission date 1 February 2010
Discharge date 8 February 2010
Length of stay as shown on hospital bill 1 day ICU + 2 days HDU + 5 days B1 ward
Claims payable

1 day in ICU:
1 day x (S$300 x 300%) = S$900

2 days in HDU:
2 days x (S$300 x 150%) = S$900

5 days in B1 ward:
5 days x (S$300) = S$1,500
Total claims payable S$900 + S$900 + S$1,500 = S$3,300

Who can apply

  • Anyone age 1 to 65 next birthday who are looking for affordable medical income coverage that pays on top of existing health insurance reimbursement

Download Brochure

This is not a contract of insurance and reference should be made to the respective policies for the exact terms and conditions applicable to the insurance policy. Please refer to the exact terms, conditions, exclusions and specific details applicable to this insurance in the policy document that can be obtained from a Prudential Financial Consultant.

Premium rates are not guaranteed. These rates may be adjusted in the future at the Company's discretion. We will give 30 days' notice before the new premiums are charged.

Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.

Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. You should seek advice from a qualified Prudential Financial Consultant if in doubt.

The information contained in this website is not required to be reviewed or endorsed by the Monetary Authority of Singapore.

Information correct as at 30 March 2011.