PA Ridershield for Motor Bike Policyholders - anyone got this?

[ashish88]

I got the following email from NTUC today:

 

 

Good day!

 

In reference to our conversation and your bike insurance with the policy number: xxxxxxxxx following are the benefits that you are entitled to receive for the newly launched project of NTUC Income that is specially designed for car and motorbike policy holders like you.The coverage are as follows:

 

PA Ridershield for Motor Bike Policyholders

PLAN 1

PLAN 2

PLAN 3

Accidental Death

$50,000.00

$100,000.00

$150,000.00

Permanent Disablement

$62,500.00

$125,000.00

$187,500.00

Medical Expenses for Injury caused by an accident

$1,000.00

$1,500.00

$3,000.00

Daily Hospitalization income

$50/day

$75/day

$100/day

Daily Hospitalization Income due to road traffic

$100/day

$150/day

$200/day

Premium for Indoor Occupation

$74.90

$121.98

$187.25

Premium for Outdoor Occupation

$148.73

$201.16

$306.02

 

Note that the above benefits mentioned is disticntively designed for policyholders that has exisiting car/motorbike policy with us, meaning coverage will not be offered to anyone else. Rest assured that even hospitalisation income will be paying double should accident be arising from road traffic. Also, food poisoning is covered as an additional benefit and as well as the insured's reasonable cost for medical, surgical, hospital, nursing home fees that is incurred from that injury will all be covered. And most importantly, in the event of Permanent disablement NTUC will pay you 125% of your sum insured.

 

Highlights of the Plan

 

· Full Terrorism

· Riot, Strike, Civil Commotion, Hijack, Murder and assualt is also covered

· Disappearance & exposure to natural elements

· Food Poisoining

· Suffocation by smoke, poisonous fumes, fas or drowning

· Motorcycle Riding (whether as rider of pillion riding) **new

 

For your reference we have attached the terms and conditions of the coverage and the form should you be interested to take up the plan. We will be more than happy to assist you with regards to this coverage.

 

Looking forward in hearing from you to the soonest.

 

 

 

Should I get it? Has anyone else here got this plan? I don't currently have any insurance.

[Suicide]

Bro this insurance like alot of things you have to see what really concerns you. Cos if accidental death alone the sum assured is kinda low. Is there dismemberment benefit?

 

This plan like package with a lot of things and premium can be lower if you do not need all the stuff. It looks good with so many things in but it may not exactly suit you.

 

I got the following email from NTUC today:

 

 

Good day!

 

In reference to our conversation and your bike insurance with the policy number: xxxxxxxxx following are the benefits that you are entitled to receive for the newly launched project of NTUC Income that is specially designed for car and motorbike policy holders like you.The coverage are as follows:

 

PA Ridershield for Motor Bike Policyholders

PLAN 1

PLAN 2

PLAN 3

Accidental Death

$50,000.00

$100,000.00

$150,000.00

Permanent Disablement

$62,500.00

$125,000.00

$187,500.00

Medical Expenses for Injury caused by an accident

$1,000.00

$1,500.00

$3,000.00

Daily Hospitalization income

$50/day

$75/day

$100/day

Daily Hospitalization Income due to road traffic

$100/day

$150/day

$200/day

Premium for Indoor Occupation

$74.90

$121.98

$187.25

Premium for Outdoor Occupation

$148.73

$201.16

$306.02

 

Note that the above benefits mentioned is disticntively designed for policyholders that has exisiting car/motorbike policy with us, meaning coverage will not be offered to anyone else. Rest assured that even hospitalisation income will be paying double should accident be arising from road traffic. Also, food poisoning is covered as an additional benefit and as well as the insured's reasonable cost for medical, surgical, hospital, nursing home fees that is incurred from that injury will all be covered. And most importantly, in the event of Permanent disablement NTUC will pay you 125% of your sum insured.

 

Highlights of the Plan

 

· Full Terrorism

· Riot, Strike, Civil Commotion, Hijack, Murder and assualt is also covered

· Disappearance & exposure to natural elements

· Food Poisoining

· Suffocation by smoke, poisonous fumes, fas or drowning

· Motorcycle Riding (whether as rider of pillion riding) **new

 

For your reference we have attached the terms and conditions of the coverage and the form should you be interested to take up the plan. We will be more than happy to assist you with regards to this coverage.

 

Looking forward in hearing from you to the soonest.

 

 

 

Should I get it? Has anyone else here got this plan? I don't currently have any insurance.

[supercalifragillim88]

i have an unbeatable plan to reccomend for us riders 96799189. i got it for myself and peers too!

[XxPJYxX]

I've got this... Paying $75 every year...

[haoKR]

i have an unbeatable plan to reccomend for us riders 96799189. i got it for myself and peers too!

 

 

care to share ?

e.g. which company,name of policy

[Hydher]

Hmm.

Ntuc benefits not very good for riders for the price you are paying.

Just a personal take.

 

 

Depends on what you want actually.

Personally i feel that hospital plan and permanent disability is good enough.

 

Best hospital plan, aia.

Best PD/death plan?

Saf group term life insurance.

 

Careful. Permanent disability terms condition differs with company.

eg some 1 hand = 100%

some is 1 hand + 1 eye then 100% which is stupid.

[Suicide]

Hmm.

Ntuc benefits not very good for riders for the price you are paying.

Just a personal take.

 

 

Depends on what you want actually.

Personally i feel that hospital plan and permanent disability is good enough.

 

Best hospital plan, aia.

Best PD/death plan?

Saf group term life insurance.

 

Careful. Permanent disability terms condition differs with company.

eg some 1 hand = 100%

some is 1 hand + 1 eye then 100% which is stupid.

 

Bro

 

If you say AIA Hospitalisation is best I got issue with that... its expensive.

 

SAF for TPD also not best cos if you read the exclusion they exclude TPD if its sports not on FOOT!!

Meaning of TPD on motorcycle is not on FOOT

TPD while swimming not on FOOT

TPD while diving not on FOOT

TPD while in line skating...Grey both party can fight...

 

The SAF group term life has many exclusions that may be grey so be careful with the fine prints. Like if there is a big group of SAF personnel kena something major together, then they will only pay out up to a certain sum and you may not get the full sum assured of the policy.

[Hydher]

aia hospital is not so ex i think its like 210 on medisave and 170 by cash but depends on your occupation.

 

 

Thanks for highlighting about the motorcycle not bring on foot but you can argue its not a sport.

[Suicide]

aia hospital is not so ex i think its like 210 on medisave and 170 by cash but depends on your occupation.

 

 

Thanks for highlighting about the motorcycle not bring on foot but you can argue its not a sport.

 

Not problem bro, FYI. There's gonna be changes to medishield come 1st March, therefore there will also be changes to your shield plans. Most insurer changing premiums. You may want to relook your plan after 1st March.

[msbah1983]

any recomendations?

[Suicide]

any recomendations?

 

Will PM you, dun wanna misrepresent anything publicly..