Thursday, April 13, 2006

Pay less for your travel insurance

NTUC Income charges the lowest premium rates for
comparable benefits.



PREMIER PLAN

Benefit Income Co-A Co-X

Death/PTD $200k $200k $250k
Medical Expenses $500k $500k $300k
Premium (Asia - 7 days) $41 $66 $56
Premium (Europe -7days) $68 $80 $76

BASIC PLAN

Death/PTD $100k $150k $150k
Medical Expenses $250k $250k $150k
Premium (Asia - 7 days) $29 $46 $42
Premium (Europe -7days) $51 $70 $61



All plans pay for 100% of emergency medical evacuation
and also cover terrorism. NTUC Income has just removed
the 15% cost-sharing.

The above is the cost per person. If the diffence is
$30, a family of 5 people will have to pay $150
to the other insurer. You can save this sum by
insuring with NTUC Income.

Call 6332 3456.

2 comments:

Victor Foo said...

Remarkable !

No-one will ever wish that such emergency medical evacuation will befall on him/her - but if really unforeseen, the withdrawal of 15% cost-sharing clause will indeed be a great assistance, and an excellent gesture from NTUC Income.

Justin Lim said...

Depends!

It really depend on the destination and duration of the holiday, right?

From Mr Tan's post, NTUC's Plan is $41 for a 7 days Asia travel policy compared to Co-A's premium of $66 and Co-X's premium of $56.

However, if I were planning a 10 day's Thailand & Bail SCUBA diving trip, NTUC's plan will cost $62.50 (incl 25% extra premium for diving).

However, I went to AIG's website and the premium (quoted online) is only $49.00.

It now seems that the reverse is true. If the difference is $13.50, wouldn't a family of 5 people now have to pay an extra of $67.50 to NTUC income?

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