Best Early Stage Critical Illness (CI) Plan Singapore 2020

An Early and a Late Stage Breast Cancer, which has a higher survival rate? That’s right, the Early Stage one. However to detect for Early Stage of Critical Illness (CI), it is almost humanely impossible. Usually, they are found out through regular body checks. 

Early Stage CI Insurance plans protect your Ability to Earn, replacing your income when you need it the most.

What is Early Stage Critical Illness Coverage?

Early Stage CI coverage pays out once or multiple times of a full sum assured upon diagnosis of early, intermediate and advance stage of the 37 critical illnesses listed by Life Insurance Association Singapore (LIA). It can be a rider added to your term or whole-life insurance, as well as being standalone Critical Illness plans.

retirement plans

Still unsure about Early Stage & MultiPay Critical Illness Coverage Singapore?

Read our article here to find out more, or simply contact us instead!

Why Do You Need Early Critical Illness Coverage?

Also known as Income Replacement Coverage, they basically address one very important concern for you:  Upon Early Stage of Critical Illness, would you want to be troubled with the monthly expenses and not knowing if they will be enough? Or would you like to have a peace of mind to focus on recuperating, undergoing treatments and getting well to spend time with your family and loved ones? 

The question is, are you financially prepared for that situation?

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? Early Critical Illness plans are for everyone at any stage and as with morbidity rate, they are priced lower the younger the person is.

MultiPay VS Single Pay CI Coverage

Upon being diagnosed for Early Stage CI AND having a successful claim, you are now uninsurable. Would you like to still be covered for? As the possibility of relapse, persist or even lead to another type of critical illness being diagnosed will be there.

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 Early Critical Illness Plans in Singapore 2020

We compare extensively and in depth across the Early Critical Illness Plans as well as Multi-Pay Critical Illness plans that covers multiple times. Depending on insurer, they may pay up to 600% and some insurers do not have any waiting periods among claims.

Multiple Payout

aviva singapore

Aviva MyMultipay CI IV

Tokio Marine MultiCare

AXA
Super CritiCare

manulife singapore

Manulife
Ready Complete Care (Cover Me Again)

AIA
Power Critical Cover

Single Payout

aviva singapore

Aviva
MyEarly Critical Illness

Tokio Marine Early Cover

AXA
CritiCare For Him/Her

manulife singapore

Manulife
Ready CompleteCare

Singlife
Critical Illness

The Winner

5/5

Aviva
MyMultipay CI IV

The best Multiple Pay CI plan across. No waiting period from Early Stage to Advance Stage CI. Up to a whopping 900% payout. Premium is waived while still being covered.

Choose to get additional 100% Sum Assured payout with the Advance Care Option and utilise Benign & Borderline Malignant Tumour Benefit as well as ICU Benefit to complement your hospitalisation plan.

Premium is the most competitive and versatile in coverage years from 10 years to 99 years old

Runner-Up

4/5

Tokio Marine
MultiCare

Similar to Aviva’s Multipay CI structure with no waiting period from Early Stage to another category of Early Stage CI. 

Also, this plan provides a 1 year waiting period from the first and second Advance Stage CI. 

The plan is value for money, albeit coverage term being more rigid.

Get the Best Early Stage & MultiPay CI Coverage in Singapore

Early Stage CI plan fills in the gap that are commonly overlooked and replaces your income, providing financial consistency when early stage diagnosis of critical illness.

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

Early Stage CI plans are structured to be payout once. As Insurers now are recognizing Critical Illnesses may reoccur, Multiple Pay plans seek to address a main concern: When the person is un-insurable (even after receiving a payout from Early Stage CI Claim) after being diagnosed with an Early Stage CI, would the person want to continue working, worrying about monthly expenses? Or would he or she like to spend time with family members and loved ones, focusing on getting well and healing the illness, without having to concern about the critical illness relapsing. 

Multiple Pay also means that there are more payouts should your condition re-occur, persist (CI doesn’t go away and still remains) or new CI being diagnosed. 

While a healthcare plan covers for your hospitalisation treatment and ward stay, a good Critical Illness plan serves as an Income Replacement plan. If any, this is the single most important reason to get Early Stage CI coverage, as it provides for financial stability in the time that you need it the most and unable perform at your maximum in your profession. As with the morbidity rate, Critical Illness plans are priced lower the younger the person is. It is crucial to get a comprehensive Critical Illness coverage.

Traditional Critical Illness Policy only covers Major Late Stage, which is Advance Stage CI. Early Stage CI Insurance fills that gap by covering even if you are diagnosed with Early Stage CI because you would not be able to claim under usual CI plans as there is a void where they fall short that would render unable to claim, simply because Early Stage CIs are not covered. 

A good example is carcinoma in situ (Early Stage Cancer). They are cells that are not normal and have not spread yet. However, they may potentially become full fledged cancerous cells and spread into nearby tissues/organs (Advance Stage). This is why they are also known as Stage 0/1 cancer.

Do you know that total loss of sight in 1 eye is considered Early Stage CI? Other lesser known examples include:

  • Insertion of Cardiac Pacemaker (Early Stage Heart Attack)
  • Brain Aneurysm Surgery (Early Stage Stroke)
  • 48 hours Coma
  • Loss of Hearing in 1 Ear

Yes, there is a difference. The total coverage amount is the total sum assured for the early critical illness, where as the total claim amount is the payout amount per claim, usually capped at for example, $250, 000 or a maximum of $350, 000, depending on the individual insurer.

For instance, depending on the individual insurer, the claim limit for Aviva is at $250, 000 and for some insurers like AXA and Tokio Marine they are at $350, 000, per early critical illness diagnosis claim. The total coverage limit for AXA is at $3, 000,000 and this means early critical illness diagnosis coverage is limited at $350, 000 per payout, it can be covered for more than twice that claim limit.m

No, you are not over-insured and yes, you will still be able to claim from different insurers, as long as your total coverage sum assured amount is not more than $2, 000, 000 SGD.

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 CI 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. 

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