Aviva MyEarly Critical Illness II Review

Aviva MyEarly Critical Illness Review
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Last Updated on by Tree of Wealth

note: Aviva My Early Critical Illness II has replaced the Aviva My Early Critical Illness plan since 2020 August.

Critical Illnesses like cancer used to be just advance stage coverage, and by the time it was found out and diagnosed, the survival rate would have dropped. In Singapore, 1 out of 10 stroke patients are below the age of 50.

Since 2010 to 2015, cancer has spiked increasingly by an astounding 17% and everyday 36 people are diagnosed with cancer in Singapore. Cancer is now the top critical illness in Singapore . And this was all done despite certain cancers being preventable if people choose healthier lifestyles and drop bad habits.” (source: Straits Times)

 With the advancement of technology coupled more savviness as well as awareness, more people are going for regular health checks (you should!) to detect early any illnesses that may arise and treat it. However, despite this information, many have not even heard of early stage critical illness protection.

aviva early critical illness plan, early critical illness singapore
source: Aviva

The Aviva My Early Critical Illness plan is a plain vanilla stand-alone critical illness plan that covers from early to intermediate to advance stage. Read on to find out more!

Main Changes

Benefits My Early Critical Illness Plan II (NEW!) My Early Critical Illness Plan (withdrawn)
Total payout for critical illnesses 100% of Sum Assured

 

100% of Sum Assured
Total number of conditions covered across early, intermediate and severe stage critical illnesses 132 51 (overlapping of Early, Intermediate and Severe stage CI definitions)
Number of conditions covered under Special Benefit 27 18
New benefits

– Intensive Care Benefit, Benign and Borderline Malignant Tumour Benefit

Yes N.A.

Source: Aviva

Aviva My Early Critical Illness II Product Features and Benefits at a Glance

  • Get Special Benefit for 27 medical conditions (up from 18 from previous My Early Critical Illness Plan) – an additional payout of 20% capped at $25,000 of the Critical Illness Benefit sum assured for selected medical conditions without compromising the Critical Illness Benefit or Death Benefi

Aviva My Early Critical Illness II Product Benefits

1. Get 100% Lump Sum Payout

Up to $250,000 for any one of the covered Critical Illnesses at the early, intermediate or severe stage.

2. 27 Special Benefits (16 Additional 11 Juvenile)

In the event of being diagnosed with any of the 27 conditions, this benefit can be claimed up to 6 times for each different condition. The claim is an additional 20% of Sum Assured, up to $25, 000 per condition and will not reduce the Sum Assured.

Special Benefit Conditions – Protection Up To Age 85

1. Diabetic Complications
2. Angioplasty & Other Invasive

Treatment For Coronary Artery

3. Osteoporosis with Fractures
4. Severe Rheumatoid Arthritis
5. Mastectomy
6. Chronic Adrenal Insufficiency (Addison’s Disease)
7. Chronic Relapsing Pancreatitis
8. Hysterectomy due to Cancer
9. Dengue Haemorrhagic Fever
10. Wilson’s Disease
11. Severe Crohn’s Disease
12. Severe Ulcerative Colitis
13. Pheochromocytoma
14. Age-related Macular Degeneration with Visual Impairment
15. Severe Presbycusis (Age-related Hearing Loss)
16. Urinary Incontinence requiring Surgical Repair

Special Benefit Conditions (Juvenile) – Protection Up To Age 18

17. Severe Juvenile Rheumatoid Arthritis (Stills Disease)
18. Severe Haemophilia
19. Rheumatic Fever with Valvular Impairment
20. Osteogenesis Imperfecta
21. Insulin Dependent Diabetes Mellitus
22. Kawasaki Disease
23. Glomerulonephritis with Nephrotic Syndrome
24. Type I Juvenile Spinal Amyotrophy
25. Autism of Specified Severity
26. Generalised Tetanus
27. Rabies

3. Intensive Care Benefit

In the event if the Life Insured is hospitalized and admitted to 4 or more days into Intensive Care Unit (ICU), there is a payout of additional 20% of Sum Assured, up to $25, 000. This will not reduce the Sum Assured.

This is a new feature from Aviva and complements hospitalization coverage be it if you currently have one.

Conditions:

– Life Insured needs to survive for 7 days after first day of ICU admission

– The stay in ICU must be confirmed as Necessary Medical Treatment. A stay in ICU is not considered Necessary Medical Treatment if the Life Insured can be safely and adequately treated in any other facility

– Intensive Care Benefit only claimable once

– Fulfils the waiting period

4. Benign & Borderline Malignant Tumour Benefit 

In the event if the Life Insured:

  • Completes a surgical excision of a benign tumour requiring surgical excision from any of the 22 specified organs listed below

OR

  • Diagnosis of a Borderline Malignant Tumour

There is a payout of additional 20% of Sum Assured, up to $25, 000 and will not reduce the Sum Assured.

This is a new feature from Aviva and complements hospitalization coverage be it if you currently have one.

Specified Organs

1. Heart 12. Pituitary gland
2. Liver 13. Small intestine
3. Lung 14. Testis
4. Pancreas 15. Breast
5. Pericardium 16. Ovary
6. Ureter 17. Penis
7. Adrenal Gland 18. Uterus (cover endometrial polyps only)
8. Bone 19. Nasopharyngeal
9. Conjunctiva 20. Oesophagus
10. Kidney 21. Oral Cavity
11. Nerve in cranium or spine 22. Gallbladder

source: Aviva

5. Death Benefits

A Death benefit of $5000 will be paid out in the event of death. 

Comprehensive Critical Illness Covered

1. Cancer and Carcinoma in-situ 26. Loss of Speech due to Neurological Disease and Permanent (or Temporary) Tracheostomy
 2. Heart Attack of Specified Severity* 27. Major and Mild Burns
3. Cardiomyopathy 28. Major Organ / Bone Marrow Transplantation
4. Specified Surgical Procedures of the Cardiovascular System 29. Multiple Sclerosis
5. Stroke* 30. Muscular Dystrophy
6. Specified Surgical Procedures of Central Nervous System 31. Viral Encephalitis
7. Coronary Artery By-pass Surgery and Other Specified Cardiac Procedures 32. Parkinson’s Disease
8. Nephrectomy 33. Surgery to Aorta
9. Kidney Failure or Chronic Kidney Disease 34. Alzheimer’s Disease / Dementia
10. Aplastic Anaemia* 35. Motor Neurone Disease
11. Reversible Aplastic Anaemia and Myelodysplastic Syndrome or Myelofibrosis 36. Pulmonary Hypertension
12. Blindness (Loss of Sight) or Optic Nerve Atrophy with Low Vision 37. HIV due to Blood Transfusion, Assault, Organ Transplant & Occupationally Acquired HIV
13. Severe Asthma 38. Benign Brain Tumor*
14. Surgical Removal of One Lung 39. Bacterial Meningitis
15. End Stage Lung Disease* 40. Facial Re-constructive Surgery
16. End Stage Liver Failure* 41. Cervical Spinal Cord Injury
17. Liver Surgery 42. Major Head Trauma*
18. Liver Cirrhosis 43. Systemic Lupus Erythematosus
19. Coma 44. Paralysis (Loss of Use of Limbs)*
20. Severe Epilepsy 45. Terminal Illness*
21. Deafness (Loss of Hearing)* 46. Progressive Scleroderma
22. Partial Loss of Hearing 47. Apallic Syndrome*
23. Cochlear Implant Surgery 49. Poliomyelitis*
24. Heart Valve Surgery 50. Loss of Independent Existence*
25. Loss of Speech* 51. Fulminant Viral Hepatitis

How Aviva My Early Critical Illness II Works

Aviva MyWholeLifePlan, whole life insurance singapore, early critical illness singapore

Aviva MyWholeLifePlan, whole life insurance singapore, early critical illness singapore
source: Aviva

What We Like About The Plan

  • Receive coverage up to age 99.
  • Premium rates remain the same throughout the policy term.
  • Premium term and coverage is very flexible.
  • Claim up to 6 times for different medical conditions covered under Special Benefit.
  • Special Benefit (18 conditions)
    •  Additional payout of 20% capped at $25,000 of the Critical Illness Benefit sum assured for selected medical conditions without compromising the Critical Illness Benefit or Death Benefit.

What We Don’t Like About The Plan

  • Low Death Benefit of $5,000

Aviva  MyEarly Critical Illness​ is suitable for you if you would like:

  • High Payout that covers Critical Illness of all stages including Early to intermediate to advance stage.
  • Highly Competitive Premiums
  • Standalone Critical Illness plans that cover for a specific period of time, increasing the coverage protecting your prime working age when you need it the most.

It would however be less suitable if:

  • You are looking for a high death protection cover.
  • You are looking for limited pay premium term and coverage for life.
  • You are looking for multiple payouts for critical illness of all stages.
  • You would like cash value in a protection plan.
  • You are looking for a long term whole life insurance.

Conclusion For Aviva MyEarly Critical Illness

As with all insurance plans, the suitability of this plan for you will largely depend on your needs and expectations. If your concern is on a stand alone critical illness plan with no frills and competitive premium with a good insurer, this is the plan for you.

Alternatively, to find the most suitable coverage, simply fill in the form below and our friendly 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.

 

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