/5
Income replacement for dependants or self in case of:
Comprehensive coverage:
Covers an extensive 132 CI conditions across early, intermediate, and severe stage conditions, including 6 commonly re-diagnosed or recurrent conditions such as cancer, heart attack, and stroke.
Supplementary coverage for non-CI conditions and scenarios: Covers 27 special conditions (for juveniles) and 16 conditions for adults. Each condition pays out 20% of the sum assured, with a total of 5 claimable conditions.
Waiver of premiums:
Kicks in when benefits payout reaches 300% of the sum assured, waiving future premiums for the remaining term of the plan.
Critical illness plans are subject to premium change.
The plan has waiting periods ranging from 1 or 2 years between claims, leading to non-payout scenarios if conditions are diagnosed during these waiting periods.
Premium is relatively higher than other types of CI plans that pay out once, or only for a certain stage of CI i.e., severe-stage CI coverage only
For $100,000 covering till the age 65:
Age | Annual (Male) | Annual (Female) |
---|---|---|
25 | $811 | $959 |
35 | $1,187 | $1,606 |
45 | $2,279 | $2,905 |
Disclaimer: This publication has not been reviewed by the Monetary Authority of Singapore. The information contained herein does not have any regard to the specific investment objective(s), financial situation or particular needs of any individual. Buying insurance is a long-term commitment and should be based on your unique needs and the suitability of the products. It is advisable to seek advice from a financial adviser to assess your needs and guide you on the features and details of the products before making any financial decisions. The coverage, benefits, premiums, and terms of insurance policies may vary depending on individual circumstances and insurance providers. Individuals are encouraged to review their own insurance needs and policies and seek advice tailored to their specific situation. While every reasonable care is taken to ensure the accuracy of the information provided, no responsibility can be accepted for any loss or inconvenience caused by any error or omission.
There are some insurances that can be conveniently purchased online, allowing you to get started quickly and easily. However, If you need assistance from an adviser, we can refer you too our partner, iFAST.
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