RafflesShield Private Plan

RafflesShield Private Plan is a health insurance plan from Raffles Health Insurance, 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$850, against a category median of S$800 across the 9 comparable health plans we track in this country. That places RafflesShield Private Plan 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: 5 core inclusions, 4 highlighted features, and 1 optional riders. Notable features called out by Raffles Health Insurance include Integrated with Raffles Medical Group, Preferential access to Raffles Hospital, and No claims discount. On the rider side, RafflesShield Private Plan can be extended with RafflesShield Care rider — each adding to the base premium but also widening what the policy will pay out for.

Where RafflesShield Private Plan explicitly will not pay: Cosmetic surgery and Non-medically necessary. 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.