Why every Singaporean needs to purchase dengue insurance

Why every Singaporean needs to purchase dengue insurance

Dengue is an epidemic infectious disease that has been present in Singapore for over a decade and has seen an increase in the number of people being affected by it. A person suffering from the disease needs to be admitted in the hospital and would have to deal with the medical expenses due to an increase in the prices of healthcare. However, if you have purchased a dengue insurance coverage, the insurance payout can help to defray some of the expenses incurred during the treatment of the disease. There are various benefits of having a dengue insurance coverage which include:

 Affordable coverage: Various top insurance companies offer you micro-insurances that can provide you with a dengue insurance cover for 3 months. Due to the low tenure of the insurance policy the premium one would need to pay for the policy is comparatively lesser than other insurance policies. This will help you avoid paying high premiums for the dengue insurance policy and avail of its benefits at an affordable rate.  In-app sign up: Many insurance companies are now launching their own mobile apps through which people can easily check the status of their insurance policies. This app also allows you to apply for insurance policies such as dengue insurance policy easily. With the click of a simple button you can get your insurance policy from the comfort of your home. This is not only convenient but also saves a lot of time as people may not always have the time to meet up with a Financial Consultant to apply for an insurance policy.  Cash benefits: This benefit is only available with a select few insurance companies. Under this benefit, you will receive a lump sum amount, usually around S$500, upon your diagnosis in addition to your dengue insurance cover.

 Hospital cash benefit: There may be a lot of unexpected expenses that you may have to incur during your hospitalisation in the event you are diagnosed with dengue fever. This may result in you having to dip into your savings. However, some of the top insurance companies do offer hospital cash benefits to their policyholders. This benefit usually entails a payout of around S$200 by the insurance company for every 24 hours of hospitalisation due to dengue fever. Most policies will offer you a payout for 5 days per policy term. This payout amount can help to defray some of the expenses incurred during hospitalisation.  Death benefit: Singapore has been subjected to many deaths due to dengue. Which is why you will be covered for death due to dengue under the dengue insurance cover. The sum assured will vary according to the policy. This benefit payout will be able to help the people who depend on you to clear any outstanding bills and make sure that the financial burden has lessened.

Many insurance policies have a waiting period before you can avail of their benefits.

Dengue insurance provides coverage for dengue fever only and does not cover for any death or hospitalisation due to any other cause or illness.

 You can even visit our Social sites: Facebook:- https://www.facebook.com/PrudentialSingapore/ LinkedIn:- https://www.linkedin.com/company/prudential-assurance-company-singapore/ YouTube:- https://www.youtube.com/channel/UCWs_Qg2Rahok4kORir5w4eQ Instagram:- https://www.instagram.com/prudentialsingapore/?hl=en

THANK YOU