Final Expense Is Not Death Benefit In Integrated Shield Plans

In Singapore, all of us citizens & Permanent Residents would have been enrolled into the Medishield Life as a compulsory program and a large proportion would also have signed up with an Integrated Shield Plan (ISP) through a private insurer one way or another. However, how many of us actually took the time to read or even understand 1 of the benefit known as "Final Expense" in the benefit table?

When I first read it, I thought it was actually some sort of death benefit like in most company insurances, whereby the insurer pays out a lump sum out of sympathy or goodwill to the deceased's family for the purpose of helping them in the completion of the final rites etc.

However, when my own relative passed on recently, then did I realised that this Final Expense was just a feature to waive the deductible or co-insurance, if one did not buy the cash riders. Here are the screenshots of 2 of Singapore's top insurers' table of benefits and definitions of the feature (click on image to enlarge):