Private Shield - is it worth a buy?

Let's talk about the single most important thing in one's personal finance, Hospitalisation and Surgical Insurance.  Read this and this and that on such H&S insurance matters.

Having read the articles above, i somehow had this impression that Medishield gives more value to those Private Shield plans. (Note, i use the word value, not cheap and i use the word impression , so it is just my opinion. Just for the record, I am an absolute newbie in insurance,

Prices

 Comments
I have used Enhanced Income Shield (BASIC) insurance as comparison as it's the most " apple to apple" .
Medishield covers grade B2/C wards. Incomeshield covers B2/C wards AND B1 wards.
85 years above is not covered under Medishield. Honestly, i have damn good genes...and i think i will live till above that age, barring any suay events like slashing or stabbing incidents by the 369 gang or ang soon tong or 18 sio li ho or Kuti PiSai Motorcycle gang linked to Columbian Drug lords .(Eh Ah Beng reading this ...relak la bro..just joking ). At most, Incomeshield is only 2.87 times more than the premium of medishield  and it is covered by Medisave, money one can't touch.

Coverage ( Very General and Brief)

 Comments

In term of coverage, Incomeshield (Basic) trounces Medishield big time.The above table is just a portion of the difference in coverages, if you have so much time to spare for analysing, look here for Medishield and here for NTUC incomeshield.

Honestly, i think a limit of $50,000 for a policy year for Medishield is kinda low. So, do you think paying 2.87 times ( at most) for the 'as charged' ( means unlimited in a sense) feature and the coverage beyond 85 years of age is worth it?

Sabana Reit and Mapletree Industrial Trust

Lockup period
Sabana Reit-Period of 180 days from listing date. Thereafter, 50% will be locked up for the following 360 days from the end of the 1st lock up period.
MIT - Period of 180 days from listing date.

Gearing/Leverage
Sabana Reit - 26.5%
MIT-38.5%

Performance fee Paid to manager
Sabana Reit - 0.5% per annum on Net Property Income if DPU grows at least 10%
MIT-3.6% per annum on Net Property Income

Sabana Reit's Alignment with Unitholders
The Manager has elected to receive 80.0% of the base fee in the form of Units for the Forecast Year 2011 and the Projection Year 2012 and (if payable) 80.0% of the performance fee in the form of Units for the Projection Year 2012, except that where the issue price (which is equal to the Market Price (as defined herein) of each Unit) is at a discount of at least 20.0% to the NAV per Unit, the Manager shall receive the base fee for the Forecast Year 2011 and the Projection Year 2012 and (if payable) the performance fee for the Projection Year 2012 wholly in the form of cash.

Honestly, comparing MIT and Sabana, it seems that Sabana is more aligned with their Unitholders. I like that they will choose to receive their base and performance fees in cash instead of Units if the Units are undervalued ( underlined above).

I also like that Sabana set an extremely high performance target of being paid a performance fee if they grow the DPU at least 10% from the year before, unlike MIT's target which is so, well, duh! MIT will still get paid performance fee as long as they have some income. I think my grandma can do that!

Gearing of Sabana looks good too and their dividend yield of 8.22% is pretty attractive........i must say..BUT...here's the catch before you go blindly into such an investment...Read below
http://www.investmentmoats.com/money-management/reit/why-reits-and-business-trust-are-not-always-good-investments/