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Best Critical Illness Insurance Plans Singapore

We have said this and we will say it again, hospitalisation plans covers your bill, and the best critical illness insurance plans provides pay-out to replace your income and gives you the option to seek alternative treatment not covered by medical insurance.

Critical illness insurance is a life policy, there has been quite a few good ones in the market and over here in Moneyline.SG, we aim to bring you the best of its kind whether is it stand-alone single or multiple pay-out or it act as a rider to a whole life or term insurance policy.

We do the work so you don’t have to.

We select the 4 Best Critical Illness Insurance Plans base on 3 basic criteria:

  • Pays out upon early, intermediate or advanced stage diagnosis
  • Pays out 100% of sum assured upon any stage diagnosis
  • Pays out additional amount upon special condition diagnosis
Here is our top 4 picks base on the following features
  1. Best critical illness insurance plan with single pay-out feature – Aviva My Early Critical Illness Plan II
  2. Best critical illness insurance plan with multiple pay-out feature – Aviva Multipay CI IV
  3. Best critical illness insurance plan on a term insurance – AXA Term Protector
  4. Best critical illness insurance plan on a whole life insurance – AIA Guaranteed Protect Plus (III)
Best Single Payout Critical Illness Insurance Plan

Aviva My Early Critical Illness Plan II

Critical Illness Insurance Plans

The Aviva My Early Critical Illness Plan II may be the single best early stage stand alone term plan in the market. This plan is the only stand alone Early CI Term plan that covers Benign and Borderline Malignant Tumour, its a condition prior to early stage cancer where is claimable where a surgical excision to remove a tumour is required. The assured will also receive a lump-sum payout upon diagnosis of any one of the covered 132 conditions across various stages of Critical Illnesses and enjoy an additional payout upon diagnosis of any of the covered 27 special conditions.

What we like about Aviva My Early Critical Illness Plan II
  • Coverage term can be customized from 10 years to terms up to age 99
  • Covers 132 early stage, intermediate stage & advance stage ci, 27 special conditions
  • Payout 20% of sum assured up to $25,000 upon the need to surgically excised Benign and Borderline Malignant Tumor
  • Up to $25,000 additional sum assured claimable for ICU stay
  • Plain Vanilla, straight forward early stage critical illness plan.
Not suitable for
  • Those who wants cash value
  • Those who wants a limited pay premium term
  • Those who wants high death coverage (Max $5,000)
  • Those who wants multiple pay-out benefits
Best Multiple Payout Critical Illness Insurance Plan

Aviva MyMultipay Critical Illness IV

Critical Illness Insurance Plans

The Aviva My Multipay Critical Illness Plans IV is the latest in a series of great Multiple claim critical illness plan being released by Aviva over the past years. This time, Aviva does it again with another revolutionary CI product. In this standalone & term attachable multi-pay critical illness plan, Aviva wasn’t looking to match their predecessor in terms of features. Here is how rich in benefit the plan can be and why is it the best multiple pay-out critical illness plan in town.

What we like about Aviva MyMultipay Critical Illness IV
  • No waiting period between early to advance stage critical illness diagnosis to claim 300% Sum Assured within the same or a different advance stage CI
  • Coverage term can be customized from 10 years to terms up to age 99
  • Option to claim up to 400% in the event of common advance stage ci diagnosis with no waiting period by exercising Advance care option
  • More number of conditions covered (165) as compared to the older plan (129)
  • Higher number of total pay-out (up to 900% Sum Assured excluding special conditions claim)
  • Up to $25,000 additional sum assured claimable for Pre Early Cancer Benefit & ICU stay
  • No more pots grouping for different Early/Intermediate CI Claim
  • One more 300% SA claim for another Advance Stage CI with 1 year waiting period
  • Premium waived upon 300% sum assured claimed
Not suitable for
  • Those who wants cash value
  • Those who wants a limited pay premium term
  • Those above age 60
  • Those who wants high death coverage (Max $5,000)
Best Critical Illness Insurance Plan on A Term Insurance

AXA Term Protector with Attachable Riders

Critical Illness Insurance Plans

The AXA Term Protector is a term insurance plan with attachable riders; the main reason why AXA Term Protector our selection is the extremely competitive premium if you add riders to the plan. At this moment, policy owners will be able to enjoy 20% perpetual discount on the rider if any of the following critical illnesses riders are added to the policy. Super Criticare, Early Critical Illness Payout, Advance Critical Illness Payout and Critical Illness Plus Benefit. The discount extends to the main plan as well.

What we like about AXA Term Protector
  • Up to 16 attachable riders on this plan including any of the 4 CI riders
  • Term-to-age coverage term: Option to be covered up to age 50, 55, 60, 65, 70, 75 or 99.
  • Choose to pay a limited term of 15 or 20 years for Term-to-age coverage term
  • Renewable coverage term: Option to pay for as long as your protection lasts for your selected coverage period of 5, 10, 15, 20, 25, or 30 years. Lump sum payment eligible for a coverage period of 5, 10 or 15 years
  • Covers 38 early stage, 34 intermediate stage & 40 advance stage ci, 10 juvenile conditions & 11 special conditions
  • Option to select high death coverage
Not suitable for
  • Those who wants cash value
  • Those above age 70
  • Those who wants to have limited premium term (will not be able to add early ci rider)
Best Critical Illness Insurance Plan on Whole Life Insurance

AIA Guaranteed Protect Plus III w Attachable Riders

Critical Illness Insurance Plans

This may not be the best whole life plan but if you’re looking to add critical illness plan, it might qualify as one of the best. Reason being, the Early Critical Protector Life (III) Covers 150 multi-stage critical illnesses and 15 special conditions such as osteoporosis and diabetic complications. Critical Protector Life (III) – covers 73 major stage critical illnesses.

The plan also provides extremely comprehensive children illness cover which includes conditions such as dyslexia, Autism and ADHD. Special conditions for adults covered are severe gout as well as tourette syndrome which is typically not included in other company;s whole life insurance plan.

What we like about AIA Guaranteed Protect Plus III
  • Choice of premium payment term option of 15/20 and 25 years
  • Multiplier Option till 65 / 75
  • Early Care Rider allows a 100% lump sum claim of up to 350,000 (one of the highest in the market)
  • Most Comprehensive Critical Illness Coverage of 165 Condition (150 Critical illness, 15 Special Conditions)
  • Multiplier benefit of 2/3/5x
  • Competitive Premium vs Term Plan
  • Has cash value
Not suitable for
  • Those who wants multiple ci payout benefits
  • Plain vanilla Ci Coverage with no cash value
  • Those above age 65

Once again, we have done the homework to filter out the best critical illness insurance plans in the market base on different life insurance categories.

Get Your Best Critical Illness Insurance Proposal Here

Our planner will draft their proposals based on your given input. Your information and details will only be used for communication with you.

All comparisons done are solely based on your individual needs.

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