Last Updated on July 6, 2023 by Tree of Wealth

Manulife CI FlexiCare (Deluxe) is a robust critical illness insurance plan designed to offer protection against up to 126 early, intermediate, and advanced-stage critical illnesses (CI).

We’re going to delve into an in-depth analysis of Manulife CI FlexiCare (Deluxe) to assist you in assessing if it aligns with your needs. Stay with us.

Let’s start with the core product attributes.

Features At A Glance

The CoverMeAgain Booster Rider

• Cover Me Again benefit allows for additional coverage, up to four times, for a distinct critical illness.
• The Recurring or Relapse Major Critical Illness benefit provides double coverage for instances where a significant critical illness, from the top six recurring conditions, reappears in its advanced stage.

Coverage Term Options

Manulife CI FlexiCare (Deluxe) provides four different term options for coverage, ensuring a customized fit for your specific requirements:

• Coverage until age 65
• Coverage until age 75
• Coverage until age 85
• Coverage until age 99

This flexibility implies that your policy can cover you up to the age specified above. The availability of coverage up to age 99 is a standout feature that seems unique to this offering.

Premium Payment Terms

Premium payments for the Manulife CI FlexiCare (Deluxe) plan are necessitated to be fulfilled throughout the policy’s entire coverage period.

As with most critical illness insurance policies, it’s important to remember that the premium amounts can vary and aren’t set in stone.

Several factors determine your specific premium, including your age, gender, smoking habits, the amount of coverage you select, and the term of coverage.

Critical Illness Coverages

Coverage The Manulife CI FlexiCare (Deluxe) plan provides comprehensive coverage across all stages of a critical illness: early, intermediate, advanced, extended advanced, and even in the event of death.

This plan raises the bar from standard critical illness coverage by incorporating supplementary benefits like coverage for special critical illness conditions, severe illness of a child, and enhanced recovery care.

Here’s a snapshot of the coverage features:

• Comprehensive CI Benefit: This benefit offers coverage for up to 126 conditions including 35 early, 35 intermediate, and 56 advanced stage CI conditions.
• Advanced Stage CI Booster: This extends coverage for up to 56 advanced stage CI conditions.
• Special CI Conditions Benefit: This covers 23 specific conditions.
• Recovery Care Plus Benefit: This extends coverage after four consecutive days in an Intensive Care Unit (ICU).
• Serious Illness of a Child Benefit: This provides coverage for up to 36 advanced stage CI conditions in children.
• Death Benefit: This is calculated as total premiums paid, less any claims made under the policy.

Let’s delve a bit more into the death benefit before discussing the CI conditions.

In the event of death during the coverage period, the death benefit will equate to the total premiums paid less any prior claims under the policy.

If you’ve made prior claims that exceed the sum assured, no death benefit will be paid upon death.

Furthermore, if a critical illness diagnosis results in death within 7 calendar days, no death benefit will be paid.

This might seem standard for CI plans, but it’s worth noting that some plans only offer $5,000 in death benefits, so this one stands apart.

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Comprehensive Critical Illness (CI) Benefit

Now, let’s explore the most significant benefit – your ECI/CI coverage.

Should you be diagnosed with an early, intermediate, or advanced stage of a covered condition (including extended advanced), you will be compensated:

• Early Stage: 100% of the basic sum insured
• Intermediate Stage: 100% of the basic sum insured
• Advanced Stage (Includes extended advanced): 100% of the basic sum insured

Remember, this benefit is a one-off payment – regardless of the CI stage for which you’re claiming.

Once this benefit is paid, the current coverage amount will be deducted by the amount of the benefit paid.

Meaning, once utilized, you won’t be eligible for the same benefit in the future.

Child Protection Provision

If your biological or legally adopted child (as per Singapore adoption laws, excluding stepchildren) is diagnosed with an advanced stage of a covered condition, a lump sum benefit is paid up to the policy’s maximum payout limit. The child must be a minimum of 30 days old but under 18 years at the diagnosis date. Notably, this benefit doesn’t impact the current insured sum.

Advanced Stage Critical Illness Booster

The Advanced Stage CI Booster offers an additional benefit of 200% of the basic sum insured if you are diagnosed with any advanced stage CI (including extended advanced). However, this is a one-time payment, and once it is issued, the current coverage amount decreases by the paid amount, meaning it can’t be claimed again in the future.

Recovery Care Plus Benefit

The Recovery Care Plus Benefit provides a payout of 20% of the basic sum insured, up to a maximum of S$25,000, if you spend 4 or more consecutive days in a Singapore hospital’s intensive care unit (ICU) or high dependency unit (HDU). This benefit excludes overseas hospital admissions and is subject to medical necessity and certification by a licensed medical doctor. It’s a one-time payment, which ceases at age 85, and it doesn’t reduce the current insured sum.

Special Critical Illness Conditions Benefit

Special CI Conditions Benefit Under the Special CI Conditions Benefit, if a covered special condition is diagnosed, you receive a benefit of 20% of the basic coverage, capped at S$25,000 per policyholder per condition. Notably, this doesn’t impact your current coverage amount, meaning your full coverage remains intact even after a claim. This benefit allows for a maximum of 6 claims, with each claim needing to be for a different covered special condition.

This includes 10 special conditions and 13 juvenile conditions.

Optional Supplementary Benefits

Cover Me Again

The CoverMeAgain Booster (Deluxe) is an optional add-on that provides additional CI coverage. It comprises two parts – Cover Me Again Booster and Recurring/Relapse Major CI Benefit. It allows up to 4 additional claims if you’re diagnosed with another CI. Full reimbursement of the basic sum insured is provided under certain conditions. Upon payment, the insured sum is reduced by the paid amount, guaranteeing up to 400% of your sum.

Recurring or Relapse Major CI Benefit

The Recurring/Relapse Major CI benefit offers 2 additional claims for selected repeated advanced-stage CI conditions, subject to no claims being made under the policy within the last 12 months. Your sum insured reduces by the claimed amount, and a 24-month gap from the diagnosis date is required before another claim. It offers up to 200% of your sum insured for recurring CI conditions.

Early Critical Care Waiver Rider

The Early Critical Care Waiver Rider is an additional benefit that can be included in the basic policy. It waives your premium payments until the policy’s end if you’re diagnosed with any covered CI, including extended advanced CI conditions. This rider ensures the insurer waives your premium payments until the policy term concludes.

Coverage At A Glance

	Manulife CI FlexiCare (Deluxe) + CoverMeAgain Booster (Deluxe) Rider	Manulife CI FlexiCare (Deluxe)	Manulife CI FlexiCare (Essential) + CoverMeAgain Booster (Essential) Rider	Manulife CI FlexiCare (Essential)
Covers you for: CI Conditions	126 conditions (Early, Intermediate, Advanced Stage)		56 conditions (Advanced Stage)
CI Benefit	100% of basic sum Insured (up to 5 claims)   Manulife CI FlexiCare: 1 claim   CoverMeAgain Booster (Deluxe) Rider: 4 claims	100% of basic sum Insured (up to 1 claim)	100% of basic sum Insured (up to 5 claims)   Manulife CI FlexiCare: 1 claim   CoverMeAgain Booster (Essential) Rider: 4 claims	100% of basic sum Insured (up to 1 claim)
Advanced Stage CI Booster	200% of basic sum Insured (up to 1 claim)		Not Applicable
Recurring/Relapse Major CI Benefit	100% of basic sum Insured (Up to 2 claims)	Not Applicable	100% of basic sum Insured (Up to 2 claims)	Not Applicable
Special CI Conditions Benefit	20% of basic sum Insured, up to S$25,000 (up to 6 claims)
Recovery Care Plus Benefit	20% of basic sum Insured, up to S$25,000 (up to 1 claim)
Serious Illness of a Child Benefit	S$10,000 per child, up to total of S$20,000 per policy
Optional Waiver Riders	Available

Source: Manulife

How Manulife CI FlexiCare plan Works

All in all, this is a comprehensive insurance plan provides extensive protection for you and your loved ones, covering a vast range of critical illnesses, as well as specialized and recurring conditions. We understand that everyone’s needs are unique, and with that in mind, we have tailored our plans to offer flexible coverage terms, additional booster riders, and premium waiver options.

For a thorough in-depth comparison, do check out:

Best Early Stage Multiple Pay Critical Illness Plan Singapore 2023

Don’t miss out on this opportunity to ensure you and your family are protected.

Reach out to our trusted financial advisor today, and start your journey towards secure and strategic financial planning.