Best Cancer Insurance Plan Singapore 2025
When it comes to Critical Illness conditions, Cancer forms one of the largest factor in terms of chances of diagnosis and getting it, as well as the areas of claims.
Our biggest asset lies in our ability to earn. When we compare between an Early and a Late Stage Cancer, it is obvious that the Early Stage cancer usually have a higher survival rate. However it is almost humanely impossible to detect for Early Stage as they are usually discovered through regular body checks.
What is Cancer Insurance Coverage?
Cancer cases have been on the rising trend over the years and survival rates for people with cancer have greatly improved as well with advancements in cancer treatments. However, living with cancer and pro-longed treatment might drain our savings and cause loss of income.
Why is Cancer Insurance Protection Important?
Cancer may occur to anyone and the fact is that 1 in every 4 Singaporeans are developing cancer in this lifetime. The costs to treat cancer is high, spanning 6- digits of $100,000 to more than $200, 000 every year for advance stages of cancer.
It is vital to have protection coverage for Cancer as it covers from early, intermediate or advance stages. Covering your potential loss of income gives a peace of mind to focus on recovering from the illness as lump sum payout from Cancer Plans certainly work as a form of income protection.
As Critical Illness (CI) plans are known as Income Replacement Coverage, Cancer Insurance Plans are a form of CI protection plan, but they cover Cancer as it is most people’s concerns.
Who Is It For?
Are you a breadwinner? Do you have someone depending on your ability to earn? Will it be detrimental for your family members if you were to lose your ability to earn? Cancer plans are for everyone at any stage and as with morbidity rate, they are priced lower the younger the person is.
Cancer Coverage
Pure Income protection. full coverage for early to intermediate to advance stage Cancer to ensure Income protection.
Income Replacement
The most important reason to get Early Stage CI coverage - Providing financial stability when you need it the most and unable to perform at maximum capacity in your profession. It is crucial to get a comprehensive Critical Illness coverage.
Best Cancer Insurance Plans in Singapore 2025
We compare extensively and in depth across the different Cancer Insurance in Singapore. Depending on insurer, for early and intermediate stages of Cancer, some may only pay 25% or 50% of the sum assured and not full. Find out which Insurer pays full at which competitive premiums!
Cancer Insurance Plans
Early Cancer Payout 50%
Advance Cancer Payout
100%
Death Benefit
$5000
No- Claim Discount
Yes at 6%
Tokio Marine
#go TotalProtect Cancer
Early Cancer Payout 100%
Advance Cancer Payout
100%
Death Benefit
$10, 000
Multiple Claims
Yes
China Life
Cancer Guardian
Early Cancer Payout 100%
Advance Cancer Payout
100%
Death Benefit
$5000
No- Claim Discount
Yes at 8%
Tokio Marine
Protect Cancer
Early Cancer Payout
50%
Advance Cancer Payout
100%
Death Benefit
$5000
No- Claim Discount
No
Early Cancer Payout
15%
Advance Cancer Payout
100%
Death Benefit
15%
First in Market For Cancer Survivors
NTUC Income
Comprehensive Cancer Care
Early Cancer Payout
50% or 100%
Advance Cancer Payout
100%
Death Benefit
$5000 or $10, 000
No- Claim Discount
No
Get the Best Cancer Insurance Protection Coverage in Singapore
Cancer Protection plan fills in the gap that are commonly overlooked and replaces your income, providing financial consistency when early to late stage cancer diagnosis.
To find the most suitable coverage, simply fill in the form and a licensed FA advisor will get in touch with you. Based on your needs, a custom made solution will be adjusted only addressing your concerns.
No obligations, no hidden fees. All advice are of no charges.
Frequently Asked Questions
Cancer Insurance Plans are a kind of Critical Illness plans that covers specifically for Cancer. As Cancer is one of the leading major causes of death in Singapore. The amount of diagnosed cases is on the rising trend over the years. Therefore, Cancer Coverage plans only has coverage for Cancer.
They cover from early to intermediate to advance stage of Cancer. However not all Insurers cover fully for all 3 stage, especially the early and intermediate stages. Only certain Insurers cover 100% of Early and Intermediate stages. Most Insurer do pay out 100% for advance stage Cancer.
As Cancer is one of the leading major causes of death in Singapore and the amount of diagnosed cases is on the rising trend over the years. However, most people with existing conditions unrelated to Cancer, for example like heart attack, high BMI or even diabetic patients, are being denied from the usual Critical Illness coverage plans as they have existing conditions, would like to be covered with Cancer protection.
There is still simplified medical underwriting, but Cancer Insurance Plans give people with conditions a chance to be protected against Cancer.
Yes, not all Cancer Insurance pays out for early and intermediate stage Cancer equally.
No, you are not over-insured and yes, you will still be able to claim from different insurers.
2 to 3 years of your annual income is usually adviced, inclusive of any bonuses that you may have. This is because in the event of Early Stage Cancer occurring, you have 2 to 3 years of Income Protection as well as to cover for costs coming from treatment. And frankly, no one goes for 3 years chemotherapy sessions.