In Singapore, more than 250,000 maids are working as per the stats, which show the demand for domestic helpers under the scheme of domestic helper insurance. People hire helpers from an insurance agency as they are experienced and trained. But if you go with an option, there might be a high chance that you will not get the optimum service. In this instance, you should go through this guide to look for the best domestic helper insurance Singapore.
- Is It Necessary To Have A Maid Insurance Coverage?
Yes, you need maid insurance coverage irrespective of whether you have a maid. Hiring a maid under an insurance scheme will ensure that you are stress-free as they will take care of your loved ones. A lot of schemes are available in the market regarding maid insurance coverage. You should look for the available options and pick a suitable one and enjoy its perks. In case you do not compare, there is a chance to pick an improper maid insurance coverage. As a result, you won’t get the necessary advantages that you might be expecting otherwise.
- Maid Insurance Plan: Important And Compulsory
When planning to hire a foreign domestic worker in a foreign land, it’s an important requirement to opt for personal accident coverage and medical insurance. But while opting for a maid insurance coverage, you do not have to worry as it would be already covered in that. The coverage period can vary from one to two years, depending on which one you opt for. You need to pay a single premium and take advantage of several things.
- Not Many People Are Ware About It
Still, a section of people is unaware of the maid insurance policy. But one in five houses in Singapore has a maid, which indicates the necessity of opting for a maid insurance coverage. It is more or less similar to critical illness cover. Like you opt for critical health coverage, going for maid insurance is also equally important. It is a one-stop and convenient solution for people who needs a maid.
- Checking The Best Maid Insurance Policies
While opting for the best maid insurance policies, you have to look for the various options available. The definition of best differs from one individual to another. Hence, you must list the parameters to consider while opting for insurance coverage. For many, it could be the policies that offer the highest coverage, and for others, it could be the policies with high medical coverage. The question is what your requirements are, and based on that; the insurance policy choice will vary.
- Things Covered in Maid Insurance Policies
Not every insurance agency offers the same benefits like the usual ones. So, you have to check out the extra perks that make them different from the basics. It can be dental and medical coverage, offering personal liability protection, covering expenses related to surgeries, and repatriation costs. Some additional benefits could be a third-party liability, wage compensation, theft, etc. Compare the policies and then decide which insurance policy would be suitable according to you.
- Medical Expenses Concerning Maid Surgery And Hospitalization
Maid insurance policies should cover surgical and other expenses, hospitalization, day surgery fees, illness, and injury. Several policies are there, which include diagnostic services, pre-hospitalization medical consultation, and post-hospitalization follow-ups. Also, all maid medical insurances do not cover all medical conditions. Therefore, buyers need to check before going ahead with the insurance policy. The common parameters insurers exclude from medical insurance are pre-existing conditions, drug or alcohol addiction, nursing care, pre-existing conditions, prosthetic devices, braces, routine dental care, STD treatment, etc.
- Hiring A Substitute Helper Under A Domestic Help Benefit
Because of an illness or injury, if your helper gets hospitalized, some exclusive insurance policies are there that will compensate according to the maid’s wages. Getting sick is the last thing your foreign domestic helper would expect to happen. In this instance, the policy will give a part of her wages after they recover.
Buying a Maid Insurance Policy through Experts
Many individuals prefer buying a maid insurance policy on their own, but they fail to do so. That’s why it is recommended to take a piece of advice from the experts and go ahead with a suitable maid insurance policy. Additionally, they can guide you with tips in buying the best critical illness insurance policy in Singapore. After that, you can purchase a proper insurance policy as per your needs.
