A medical loan is essentially a personal loan that is taken out for the specific purpose of medical financing. With medical loans, you have the flexibility to pay for a variety of assorted medical costs like elective surgeries, IVF treatments and emergency procedures.
Medical expenses usually will put a strain on one’s finances regardless if it is planned or unplanned.
In Singapore, although one can utilize our Medisave or Medishield, however it does have withdrawal limits and sometimes our insurance policies may not cover certain pre-existing conditions, or other deemed non-essential medical related illness.
Apply here or contact our professionals at BizBridge for advice.