Last month, our Prime Minister Lee Hsien Loong addressed the COVID-19 situation in the country and advised the nation to stay indoors as much as possible to reduce the spread of infection. He also spoke about plans for rolling out the vaccine to students and young adults and encouraged everyone to come forward and register for their shots.
Now, many people are concerned about the side effects of the COVID-19 vaccine. In this regard, Integrated Shield Plans cover you for hospitalisation due to side effects from the vaccine. If you want more protection, you can also sign up for coronavirus vaccine insurance coverage for side effects of the vaccine to supplement the coverage you enjoy from your Integrated Shield Plan. Coronavirus vaccine insurance plans cover you against hospitalisation costs that directly results from side effects of the vaccine. Considering the situation, this form of coverage can prove extremely important. Here are 4 reasons why –
- Side effects can be common
A lot of people have reported experiencing side effects after receiving their jab. The symptoms reported include fever, body ache, and chills. There have been reports of some people experiencing anaphylaxis as well. These side effects can range from mild to severe. While we can each hope that we ourselves experience mild symptoms, it is wise to be prepared in case of something more severe.
- You receive a daily cash benefit
Your coronavirus vaccine insurance plan will generally pay you a daily cash benefit upon claim. This amount could be around S$100 per day. You can use this amount for any expenses that arise during the period of your hospitalisation. For instance, you can use the funds for transportation to the hospital or even to meet a few expenses at home. In essence, the coverage supplements your Integrated Shield Plan that takes care of the primary hospital costs.
- The coverage does not require medical underwriting
You can sign up without any medical underwriting. As coronavirus vaccine insurance is the need of the hour, you can get your plan without any medical checks.
- It’s available for free!
That’s right! You can get coronavirus vaccine insurance for side effects of the vaccine as a complimentary plan. That is a super huge incentive and a major reason why you should consider signing up for coverage.
How to get coronavirus insurance?
You can download the health app of your insurer and sign up for coverage on your smartphone with a few clicks. That’s all it takes. The coronavirus insurance plan is available for Singaporean citizens, Permanent Residents, and foreigners with valid passes. You need to be aged 18 years or above to qualify for coverage.
Bear in mind that you need to get your policy before you get the vaccine. If any dose is administered before the policy start date, the coverage will not be valid.
Do remember to speak to your doctor for any specific advice you may need on the effects of the vaccine on your own health.
Take care, stay indoors, and stay safe.