HSBC Life GlobalCare Health Plan
HSBC Life
Category
Health Insurance
Coverage
Medical, Hospitalisation
Coverage Term
Yearly Renewable
Overview
GlobalCare Health Plan is an insurance plan that provides comprehensive coverage for medical expenses within and outside Singapore. It provides portability where coverage can continue even if you relocate to another country which is included in your area of coverage.
Key Features
- Available through an easy and hassle free application process on a Guaranteed Issuance basis Flexibility to choose the level of cover based on needs in terms of benefits, area of coverage and the premium payment currency option either in SGD or USD
- Provides protection against the cost of hospitalisation, surgery, certain daycare and out-patient procedures in multiple countries as per the plan chosen
- Benefit from worldwide network of medical service providers
- Reduce the financial burden if the Life Assured is hospitalized
Health insurance helps pay for health care costs in the event of an injury, illness or disability. In general, such plans will fall into two categories: (1) Hospital, and (2) Long-term care.
(1) Hospital plans: Hospital insurance should be prioritised as the foundation of your insurance needs. While all Singaporeans and Permanent Residents are covered under MediShield Life, such plans do not provide as-charged coverage and only offers coverage for Class B2 or C wards in public hospitals.
(2) Long-term care: Payouts from CareShield Life will commence when you are unable to perform 3 out of 6 activities of daily living (ADL). Supplement CareShield Life to receive higher monthly pay-outs if you are disabled and unable to perform 1 or 2 ADLs as specified in your policy.

