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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 – Singlife Critical Illness Insurance
  2. Best critical illness insurance plan with multiple pay-out feature – Aviva Multipay CI IV
  3. Best critical illness insurance plan on a whole life insurance – China Taiping I-Secure
  4. Best critical illness insurance plan on a term insurance – AXA Term Protector
Best Single Payout Critical Illness Insurance Plan

Singlife Critical Illness Insurance

Best critical illness insurance

The Singlife critical illness insurance is probably the cheapest if not one of the cheapest standalone critical illness insurance plan in the market for all ages. There are not many competitive stand-alone critical illness plan in recent times that only provides advance stage ci coverage but Singlife Critical illness plan stands out in that area. The plan also provides the option to add in early critical illness coverage as well as special condition coverage with a buffet style selection. You may also add in additional coverage for heart attack, stroke & cancer.

What we like about Singlife Critical Illness
  • Coverage term can be customised from 10 years to terms up to age 99
  • Very competitive premium if early stage ci rider is added, probably the lowest
  • Covers 35 early stage, 35 intermediate stage & 36 advance stage ci, 13 special conditions
  • Option to enhance coverage for advance stage Cancer, Heart attack, Stroke & End stage kidney failure.
  • Coverage for 40 years old male or female for 100,000 till age 70 is less than $1,000 per annum
  • Minimum sum assured from 50,000 to max 300,000, increase by 1,000.
Not suitable for
  • Those who wants cash value
  • Those who wants a limited pay premium term
  • Those who wish to have juvenile special condition
  • Below age 18 and above age 65
  • Those who wants high death coverage (Max $8,000)
  • Those who wants multiple pay-out benefits
Best Multiple Payout Critical Illness Insurance Plan

Aviva MyMultipay Critical Illness IV

Best critical illness insurance

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 customised 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

Best critical illness insurance singapore

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 premium 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
Best Critical Illness Insurance Plan on Whole Life Insurance

China Taiping I-Secure w Attachable Riders

Best critical illness insurance plan

Two main reasons why we select China Taiping i-secure as the best whole life insurance with critical illness coverage, first, the plan offers Multiplier till 71 and 86 (with a default feature to extend the multiplier for a lifetime); Second, the product provides an option to add on early critical illness rider that covers 161 Critical illness conditions, making it the most comprehensive in the whole life insurance space with ci riders. Premium is also extremely competitive for its suite of benefits.

What we like about China Taiping I-Secure
  • Choice of premium payment term option of 5/10/15/20/25 years
  • Multiplier Option till age 71 & 86 making it the highest in market with default extension to a LIFETIME
  • 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 161 Condition (42 Early Stage, 40 intermediate, 55 Advance Stage, 12 Special & 12 Juvenile Conditions)
  • Multiplier benefit of 1/2/3/4x
  • Competitive Premium vs Term Plan
  • Has cash value
Not suitable for
  • Those who wants multiple ci payout benefits
  • 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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