How it works
It pays per day, not per bill. LIA and MoneySense describe it the same way: a set amount for each day warded for treatment or surgery, which may be more or less than the actual expenses. So it sits beside MediShield Life or an Integrated Shield Plan rather than replacing them. Those pay towards the bill, and hospital cash pays the person.
The limits to find in the policy:
- the daily amount
- a waiting period from the start of cover, during which a stay pays nothing
- a cap on the days paid, each year or over the life of the policy
- whether the policy ends once a lifetime limit is reached, which MoneySense notes it can
It comes as a policy of its own, or as a daily hospital benefit rider on a health policy, one of the riders MoneySense lists.
Worked example, with made-up figures: a client's plan pays S$150 a day, for up to 30 days a year, after a 30-day waiting period. She's warded for 5 days in the policy's fourth month. The plan pays S$750, whatever MediShield Life or her Shield plan pays on the bill.
Where it shows up in your week
It comes up after a hospital stay, when a client asks what else they can claim. The CRM keeps what they asked and your reply on their page.
Related terms
Questions advisors ask
Sources
- MoneySense, Understanding hospital cash insurance, last updated 2 July 2026, read 27 September 2026
- MoneySense, Health insurance terms: know what you're paying for: daily hospital benefit rider, last updated 2 July 2026, read 27 September 2026
- LIA Singapore, Insurance terms: hospital cash insurance, read 27 September 2026