Health insurance is a necessary investment for everyone. Even more so, for the expats living and working in Singapore. But, why specifically LTVP holders? LTVPs are often visitors staying with family and therefore, may not be covered by medical insurance.

Let’s take a moment to reflect on what has perhaps been one of the most draining and testing years in recent history. 2020 marked a time of turbulence, uncertainty and change for not just the healthcare industry, but for businesses, individuals and governments worldwide. In fact, the coronavirus pandemic is one of the biggest reasons behind this discussion. Due to the spread of the coronavirus pandemic, many countries – one being Singapore – have enforced travel restrictions and border control measures. The circuit breaker, as you might recognise, prevented many individuals from travelling beyond their residential area for anything besides necessities. This also meant that many expatriates were unable to move back or travel to see family (especially aging parents) due to border lockdowns. Being kept apart from their family members for an extended period of time has been emotionally draining. This could be enough reason for expats to bring their family members ie. elderly parents, over to Singapore on Long Term Visit Passes (LTVPs) as they remain unsure of how long the pandemic might last. 

In this case, it then becomes crucial to take a closer look at how loved ones on LTVPs are protected in terms of medical insurance. Being comprehensively covered with international medical insurance would be incredibly helpful for those seeking medical aid from Singapore’s top-notch health systems, also known for its high costs.

What are LTVPs? 

The long term visit passes, abbreviated LTVPs, are generally acquired for the common-law spouse, step-child or handicapped child of an eligible Employment or S Pass holder as well as for parents and parents-in-law. Valid for up to two years, expats with a LTVP can work here in Singapore if they find a job, albeit the employer will have to apply for an Employment or S Pass for them. 

Why should LTVP holders assess this situation closely? 

Often, expats on LTVPs aren’t adequately insured for their health cover, meaning it’s either too short a duration, not portable, or non-existent. Because LTVP holders intend to stay for longer periods of time – lasting between a few months to two years – it is recommended that they purchase an international medical insurance policy to tide them over. Improper risk management can prove disastrous should an emergency strike. 

Furthermore, unlike Singaporeans or permanent residents, LTVP holders do not have access to the same suite of medical benefits the government provides. Without a safety net, expats could incur high medical bills should they run into an emergency – a situation that is often unprecedented. 

What should LTVPs expect in terms of medical coverage and insurance in Singapore?

Expats on a LTVP are highly encouraged to secure a medical insurance policy. It’s also best that the international health cover includes hospitalisation costs as part of the coverage. 

Having a medical insurance policy will help with peace of mind as you live and work here. You wouldn’t be worried about paying for medical bills, nor will you be caught unaware should unexpected health conditions or events develop. You can completely focus on getting better should you find yourself in such a situation. 

Includes coverage for:

• Covid-19
• Tropical illnesses ie. Dengue
• Cancer Care
• Kidney Dialysis
• MRI / PET Scans and X-rays
• Planned surgeries as well as emergencies

As a leading health insurance broker, Expat Insurance is adept with years of experience and expertise – set to be your leader through this journey. If you’ve yet to engage a broker for your insurance needs, do get in touch with our team. 

Call Expat Insurance Singapore for expat health cover

Your one-stop provider for all your insurance needs, especially for expats living and working here. 

While working in Singapore may seem like a dream, sometimes the high costs of living can be aggravated by unforeseen circumstances. In addition to expat medical cover, we recommend purchasing insurance for high value items ie. jewellery / watches. This would add an extra level of security. 

Would you like to know more? Please get in touch with our specialists today.