Medical insurance is something you take but hope never to have to use.

WE read of young and healthy people who, without any warning, suffer a heart attack. Closer to home, your child may fall prey to the aedes mosquito and get dengue. Or, you could simply trip and break a leg.

Whatever it is, when the hospital bill comes in, you’ll probably suffer another blow when you see how the cost of treatment and medication all add up.

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Transparency and your policy

She has 3 policies (Insurance), but no coverage

Saw this article on the Internet

Just wanna share… You can read here or download printable PDF Insurance policy – cancer stage 0

42-year-old woman diagnosed with early breast cancer says gaps in her insurance policy were not explained to her. -TNP

Tue, Aug 31, 2010
The New Paper

WITH three critical illness policies under her belt, she assumed her insurance coverage was comprehensive enough.

Ms Theresa Tan’s policies with Prudential saw her dutifully forking out a total of $600 in insurance premiums every month.

She believed she had forked out about $77,000 for them over the years. But when it came to coverage, the mother of three, 42, thought wrong.

She was diagnosed with early stage breast cancer, or stage 0, in June.

That same month, she went through a 12-hour operation at Gleneagles Hospital to remove her right breast and to have reconstructive surgery done, using skin and fat from her stomach.

The operation and hospitalisation cost $30,000 and was covered by another insurance policy she had with Aviva.

Ms Tan then tried submitting her claim to Prudential this month for loss or potential loss of income.

She thought she could claim up to $100,000 for one policy and up to $107,000 for another policy.

But her claims were rejected by Prudential, which explained to her in a letter that her condition was non-invasive and “does not fulfil the definition of cancer”.

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