Enhanced IncomeShield Preferred

Enhanced IncomeShield Preferred is a health insurance plan from Income Insurance (NTUC Income), available to residents of Singapore. Sum insured ranges from varies, eligible ages 0 to 75, and the policy is lifelong. Below is our take on how it compares to other health plans in our database — what it does well, where it lags, and the kind of policyholder it actually fits.

Annual premium starts at S$800, against a category median of S$850 across the 9 comparable health plans we track in this country. That places Enhanced IncomeShield Preferred in the middle of the pack on price, and the middle of the pack on coverage ceiling (maximum sum insured N/A versus a peer median of N/A). On the value spectrum it reads as priced near the category median.

Coverage breadth is in line with what most health plans offer: 6 core inclusions, 4 highlighted features, and 1 optional riders. Notable features called out by Income Insurance (NTUC Income) include MAS-approved Integrated Shield Plan, Coverage up to private hospital, and Cooperative – social mission. On the rider side, Enhanced IncomeShield Preferred can be extended with Classic Care rider (rider to reduce out-of-pocket) — each adding to the base premium but also widening what the policy will pay out for.

Where Enhanced IncomeShield Preferred explicitly will not pay: Non-medically necessary, Cosmetic surgery, and Pre-existing (waiting period). These are not unusual exclusions for a health plan, but they are the boundary of the contract — anything outside that list is in scope, anything inside is not. Read the full exclusions list before signing; every plan we have ever audited has at least one exclusion the buyer did not realise was there.