Last Updated on June 14, 2023 by Tree of Wealth

AIA Beyond Critical Care is a new (yet again) critical illness term plan that covers for 43 Critical Illness (Advance Stage) and 5 mental conditions. Replacing the recent Power Critical Cover out only in 2020, it is eligible for coverage from 2 weeks old to 60 years old.

It also has some unique features like Mental Illness Coverage, Child illness/Special Conditions as well as a Full Premium Refund at age 85.

Let’s start with the unique features:

Mental Illness Coverage

• Get additional 20% of Sum Assured Per Condition
• Max Coverage of $50,000 per claim
• Covers until 85 years old
• 5x claim total (Total Claim $150,000)
• 3 Years Waiting Period from one claim to another claim
• 90 days waiting period upon issuance for first claim

Covered Mental Illnesses:

• Major Depressive Disorder (MDD)
• Schizophrenia
• Bipolar Disorder
• Obsessive Compulsive Disorder (OCD)
• Tourette Syndrome (up to age 21)

Child Illness CI Coverage

• Max Coverage $150,000

Covered Child Critical Illnesses:

1. Acquired Brain Damage	9. Leukaemia
2. Aplastic Anemia	10. Paralysis (Loss of Use of Limbs)
3. Bone Marrow Transplant	11. Rheumatic Fever with Heart Involvement
4. Brain Surgery	12. Severe Asthma
5. Glomerulonephritis	13. Severe Epilepsy
6. Haemophilia	14. Still’s Disease (including Severe Juvenile Rheumatoid Arthritis)
7. Insulin Dependent Diabetes Mellitus	15. Tuberculous Meningitis
8. Kawasaki Disease with Heart Complications	16. Viral Encephalitis

Child Special Illness Coverage

• 20% Sum Assured Per Condition Max $25,000
• Cover till Age 21
• Up to 5 times of claim

Covered Child Special Conditions:

1. ADHD
2. Autism Spectrum Disorder
3. Bacterial Meningitis
4. Dyslexia
5. Generalized Tetanus
6. Major Head Trauma
7. Osteogenesis Imperfecta
8. Type 1 Juvenile Spinal Amyotrophy
9. Wilson’s Disease

Premium Refund at Age 85

100% of the total premium for the base plan (not including riders, less any claims that were paid out) will be refunded at the end of the coverage/policy term, age 85.

Product Features

Critical Illness (CI) Coverage

For the Multistage/Multipay feature on this plan, it basically pays only twice. As compared to most insurers out there which covers up to 900%, and considering the premiums are not as competitive for AIA, this makes the Beyond Critical Care quite an expensive plan. But this is because there is the premiums refund feature at age 85.

Covering only Advance stage, it pays out 200% in total. To cover for Early and Intermediate, you now need to add on the Early Critical Cover Extra rider.

Upon diagnosis for the first critical illness, 100% of sum assured will be paid out. The second payout will be subjected on the following:

• A different critical illness from the first diagnosis (after 12 months from the first claim), OR
• One of the 5 Rediagnosed or Recurred Critical Illnesses (after 24 months from the first claim)

Source: AIA

We highlight the CIs as well as the 5 Recurrent CIs below:

• Early Stage CI – 32 (Till Age 75)
• Intermediate Stage CI – 29 (Till Age 75)
• Advance Stage CI – 43 (Till Age 85)
• 12 Months Waiting Period for 2^nd CI Claim
• Maximum Sum Assured $350,000
• 5 Rediagnosed CI Coverage (After 24 Months)
  • Major Cancer
  • Heart Attack
  • Stroke
  • Heart Valve Surgery
  • Bone Marrow Transplant

Premium Waiver

In the event of early to intermediate to advance stage CI, future premiums can be waived.

For your child’s premiums, their basic plan’s premiums will be waived to the 25^th birthday should parents be:

• Diagnosed with any of the covered CIs from early, intermediate or advance stage, or disabled or upon death, the Early Critical Protector Payor Benefit rider will waive future premiums
• Diagnosed with any of the covered 42 advance stage CIs, be disabled or upon death, the Payor Benefit Comprehensive Special rider will waive future premiums
• Upon Disabled or Death, the Payor Benefit rider will waive future premiums

Death & Compassionate Benefit

Death Benefit	100% of the coverage amount will be paid in one lump sum, less any critical illness claims paid.
Compassionate Benefit	S$10,000

Free Health Screening

• At least 21 years old
• Only available on the 4th policy year onwards
• Available once every 3 years
• Up to $200
• AIA Approved Clinic/ Facilities

Premium Comparisons Till Age 85

Male

Male Non Smoker $150,000 Sum Assured	AIA Beyond Critical Care with Early CI & Waiver	Aviva MyMultipay CI IV	TM MultiCare
35	$5,875.44	$4,122	$4,618.65
40	$7,421.84	$5,833.50	$6,256.75
45	$9,433.51	$7,455	$8,833.95
50	$12,404.74	$10,462.50	$12,176.30

Female

Female Non Smoker $150,000 SA	AIA Beyond CC with ECI & Waiver	Aviva MyMultipay CI IV	TM MultiCare
35	$5,728.89	$4,230	$4,317.45
40	$6,321.07	$5,386.50	$5,644.14
45	$7,831.99	$6,501	$7,568.85
50	$11,026.47	$8,493	$9,777.55

How It Works

What we don’t like

• Even though “Multipay CI” is being marketed, Early Stage for CIs can only be claimed once. The remaining claims are for late stage as well as death
• Early/Intermediate CI Coverage Till Age 75 Only even though coverage till 85.
• Only 2 Claims Allowed with a 12 Months Waiting Period in between claims.
• For the older AIA plan, the full refunds are at age 75, while it is now 85 years old
• Mental Illnesses has only 5 and it ends at age 85
• Special Benefits Reduced to 5:
  1. Osteoporosis
  2. Diabetic Complications
  3. Severe Rheumatoid Arthritis
  4. Dengue Haemorrhagic Fever
  5. Mastectomy due to carcinoma in situ or malignant breast

How much critical illness cover do I need in Singapore?

There are many types of critical illness plans in Singapore. From single pay-out early-stage critical illness plans to recurrent multi-payout critical illness plans, to find the most suitable plan for yourself can be challenging.

If you have any inquiries on getting critical illnesses coverage and/or would like to find out more, do reach out below and our partner FA advisors will get in touch with you:

Our partnered financial advisors will only use your information submitted for communication with you to provide a personalised consultation and comparison –  jargon and hassle free.