IncomeShield Standard Plan

IncomeShield Standard Plan

Protection for ward class B1 and can be paid with your Medisave.

IncomeShield Standard Plan Yearly Premium Rates for insured person who is a Singapore Citizen or Permanent Resident

Age Next Birthday MediShield Life Premiums
(Fully payable by MediSave)[1]
Additional Withdrawal Limits (AWLs) Additional private insurance coverage
IncomeShield Standard Plan
Premiums Cash Outlay[2]
1 to 18 $130 $300 $35 -
19 to 20 $130 $35 -
21 to 30 $195 $44 -
31 to 35 $310 $59 -
36 to 40 $310 $63 -
41 to 45 $435 $600 $96 -
46 to 50 $435 $116 -
51 to 55 $630 $120 -
56 to 60 $630 $129 -
61 to 65 $755 $206 -
66 to 70 $815 $385 -
71 to 73 $885 $900 $566 -
74 to 75 $975 $670 -
76 to 78 $1,130 $800 -
79 to 80 $1,175 $848 -
81 to 83 $1,250 $918 $18
84 to 85 $1,430 $1,081 $181
86 to 88 $1,500 $1,292 $392
89 to 90 $1,500 $1,389 $489
91 to 93 $1,530 $1,500 $600
94 to 95 $1,530 $1,595 $695
96 to 98 $1,530 $1,843 $943
99 to 100 $1,530 $1,927 $1,027
Over 100 $1,530 $2,037 $1,137

SG: Singapore Citizen   PR: Singapore Permanent Resident

  1. Your MediShield Life premiums may differ depending on your premium subsidies, premium rebates and whether you need to pay for the Additional  Premiums. The net MediShield Life premium payable after accounting for these is fully payable by Medisave.
  2. This refers to the cash outlay if you are paying by Medisave (assuming you have sufficient monies in your Medisave account). If you are not paying by Medisave, your total cash outlay will be equal to MediShield Life Premiums + Premiums for Additional private insurance coverage. For example, for an insured aged 30 (at next birthday), the total premium = $195 + $44 = $239.

Premium rates are inclusive of 7% GST. The above premium rates apply to policies starting from 1 May 2016. You can pay premiums for the main plan by Medisave, cash, cheque or GIRO. Yearly premiums are based on the insured’s age at next birthday, and will increase when the insured reaches the next age band. Premium rates are non-guaranteed and may be reviewed from time to time.