Close this search box.

China Life Cancer Guardian Review – Best Cancer Only Plan Right Now

China Life Cancer Guardian Review

Last Updated on by Tree of Wealth

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. Great advancement of cancer treatments has increased the survival rate, but living with cancer and having prolonged treatments can be financially detrimental. Having proper and adequate protection planning is very crucial, as it allows you a piece of mind in trying situations such as this.

China Life has a new Cancer-only plan and it is called China life Cancer Guardian. It is a yearly renewable cancer protection coverage that safeguards you in the events of early, intermediate, and advanced stage diagnosed Cancer, alongside with other benefits as well.

Let’s look at the benefits below.

Features At a Glance China Life Cancer Guardian

Cancer Benefit

The following points will be excluded in the definition of “Cancer” for this plan:

a) All tumours which are histologically classified as any of the following:

– Pre-malignant;

– Non-invasive;

– Having borderline malignancy;

– Having any degree of malignant potential;

– Having suspicious malignancy;

– Neoplasm of uncertain or unknown behaviour; or

– Cervical Dysplasia CIN -1, CIN-2

b) Any non-melanoma skin carcinoma, skin confined primary cutaneous lymphoma and dermatofibrosarcomaprotuberansunless there is evidence of metastases to lymph nodes or beyond;

c) Malignant melanoma that has not caused invasion beyond the epidermis;

d) Chronic Lymphocytic Leukaemia RAI Stage 0; and

e) All tumours in the presence of HIV infection

source: China Life

On top of that, Cancer that is diagnosed on the basis of discovering tumour cells and/or tumour-associated molecules in blood, saliva, faeces, urine or any other bodily fluid in the absence of further definitive and clinically verifiable evidence does not meet the criteria. In-depth test to support the diagnosis is required.

Full Payout for Cancer of Early, Intermediate & Advance Stages

In the event of a diagnosis for cancer from early, intermediate or advanced stage, 100% of the sum assured will be paid out. The coverage can be renewed up to age 100. The plan will end after the payout is made.

Death Benefit

In the event of death, there will be a lump sum benefit of $5000, and the plan will end after the payout.

No-Claim Discount Benefit

Following the second policy year onwards, there will be a no-claim discount of 8% of total yearly premiums paid for the previous year of the policy term, and will be given during policy renewal. This benefit will be available in the event that there are no claims made during the previous year.

Guaranteed Renewal

As this is a yearly renewable plan, it will automatically renew the policy at every year with the same sum assured, without any further underwriting process.

Simplified Application

This plan is easy to apply with only 3 questions asked. It is also hassle free as there is no medical check-up required.

Premium Comparison

For Non-Smoker, $100,000 Sum Assured (Before applying No-Claim Discount)


Male Female


$144 $250




45 $390


50 $612



For Non-Smoker, $300,000 Sum Assured (Before applying No-Claim Discount)


Male Female



40 $556


45 $860


50 $1,408


 How China Life Cancer Guardian Works

China Life Cancer Guardian How it Works 1

China Life Cancer Guardian How it Work 2
source: China Life

China Life Cancer Guardian is Suitable if You:

  • Have pre-existing conditions other than Cancer
  • Prefers a comprehensive and good-for-value cancer coverage
  • Prefers the payout to be 100% of sum assured for all stages of cancer
  • Prefers simplified and hassle free application
  • Prefers flexibility in the coverage (the plan is yearly renewable)

It would however be less suitable if you:

  • More comprehensive coverage aside Cancer (i.e. other critical illnesses)
  • Prefer cash value in the plan
  • Prefer to have multiple payout instead of single payout
  • Prefer to have disability coverage
  • Prefer to have a high death benefit

Conclusion for China Life Cancer Guardian Review

This plan is a comprehensive plan that can covers only for Cancer extensively. There are many Cancer protection plans in the market that is suitable for every needs and concerns. Having to work with financial planners with experience in this field that has access to multiple insurers not only can provide you with an objective point of view, but also to have recommendations that is customised according to your needs.

Get in contact with us today to have a quick assessment on your portfolio! Drop us an inquiry below and our friendly professional licensed FA advisor will be getting in touch with you shortly upon your request.


    Related Articles

    subscribe now

    Get email updates on the latest financial nuggets!

    A Comprehensive Guide – Critical Illness VS Early CI Coverage: What It Is & How it Works

    Get the latest insight on the Ultimate Guide on Critical Illness Coverage & How you should plan on it

    Fill in the form and get the downloadable copy for free.