Compare critical illness insurance singapore
Cancer treatment expenses can range from $8,000 to $17,000 monthly. Are you financially prepared to bear this burden if a critical illness were to strike unexpectedly? If your answer is no, you are not financially prepared to fork out this amount of hospital bills and daily expenses, you will defintely need a Critcal Illness Plan.
There are several types of Critical Illness Plans available in the market, including Multipay Critical Illness Plan covering multiple claims across all stages of Critical Illness, Early Stage Critical Illness Plan covering a one time claim against all stages of Critical Illness and Late Stage Critical Illness Plan covering a one time claim against late stage Critical Illness only
Critical Illness Plans can be purchased as standalone policies or added as riders to your Term Life Insurance or Whole Life Insurance. These plans typically do not have a cash value, allowing you to terminate the plan at any time, which will end your coverage
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