Singlife Essential Critical Illness Diabetes Insurance & 3 Highs with 2020 CI Guidelines Before the new definition for Critical illness comes to fruition in August 2020 Singlife…
Are you looking for an insurance plan that provides comprehensive coverage for Early Critical illnesses? If so, the Singlife Comprehensive Critical Illness (previously known as My Early Critical Illness Plan II) may be just what you need. In this review, we’ll take a closer look at the features and benefits of this policy, so you can decide if it’s the right choice for you.
The Singlife Comprehensive Critical Illness is an Early Critical Illness insurance policy that provides coverage against 132 conditions.
The plan offers a comprehensive range of coverage, which includes early, intermediate, and advanced stages of critical illnesses.
The plan is available for a coverage duration (your choice) from 10 years up till you’re 99 years old – and your coverage amount can be in SGD, USD, GBP, EUR, AUD or HKD.
If you’re considering investing in critical illness coverage, it’s important to choose a plan that offers comprehensive coverage and valuable benefits.
The Singlife Comprehensive Critical Illness (previously known as My Early Critical Illness Plan II) is a policy that ticks all the boxes, providing extensive coverage for a range of medical conditions, as well as additional benefits that can help you manage the financial impact of a critical illness diagnosis. In this section, we’ll take a closer look at the features and benefits of this policy, so you can decide if it’s the right choice for you.
One of the standout features of the Singlife Comprehensive Critical Illness Plan is its comprehensive coverage. With protection against 132 different conditions, this policy offers coverage for early, intermediate, and advanced stages of critical illnesses, providing peace of mind and financial security in the face of a wide range of health issues. Whether you’re looking for coverage for cancer, heart disease, or neurological conditions, this policy has you covered.
The Singlife Comprehensive Critical Illness Plan also offers high coverage amounts, with a lump-sum payout of up to SGD $250,000, equivalent to 100% of your sum assured. This means that you’ll have access to a significant amount of financial support if you’re diagnosed with a critical illness, allowing you to focus on your recovery and well-being without worrying about the financial impact of your condition. Whether you need to cover medical bills, take time off work, or pay for additional support services, this policy can help ensure that you have the financial resources you need to manage your health and well-being.
Another valuable feature of the Singlife Comprehensive Critical Illness Plan is the payout for early-stage critical illnesses. With this policy, you won’t need to wait for your condition to reach an advanced stage before receiving a payout. This can be particularly beneficial if you’re diagnosed with a critical illness in its early stages, as you’ll have access to financial support when you need it most. This feature can also help cover the cost of treatments and other expenses associated with early-stage, intermediate or advanced stages of critical illnesses, giving you more control over your health and well-being.
If you require treatment in Intensive Care Unit (ICU) for four days or more in a single hospital admission, you can rest easy knowing that you’ll receive additional financial assistance from your Singlife Comprehensive Critical Illness. With this additional coverage, you’ll receive an extra 20% of your sum assured, up to S$25,000. This support can go a long way in helping you manage the costs of hospitalization and focus on your recovery.
If you require surgery for a borderline malignant or benign tumour (suspected malignancy), you can take comfort in knowing that the Singlife Comprehensive Critical Illness offers additional coverage. In the event of such a diagnosis, you’ll receive an extra 20% of your sum assured, up to S$25,000, to help manage the costs associated with treatment.
If you were to pass away during the coverage period, your loved ones would receive a S$5,000 payout. This can help ease their financial burden during a difficult time and provide them with the necessary support to carry on.
With this type of coverage under the Singlife Comprehensive Critical Illness, you’ll receive an additional payout if you’re diagnosed with any of the 27 conditions under the Special Benefit.
In the event that you’re diagnosed with a covered condition, you’ll receive an additional 20% of your sum assured, up to S$25,000 per condition (maximum of six claims). Some of the conditions covered include Diabetic Complications, Angioplasty & Other Invasive Treatment For Coronary Artery, and Osteoporosis with Fractures. Some conditions are covered up to a certain age, such as Severe Juvenile Rheumatoid Arthritis (Stills Disease), Severe Haemophilia, and Autism of Specified Severity, which are covered up to age 18. This coverage can provide extra support to manage health and reduce financial stress.
As with any financial product, it’s important to carefully consider the pros and cons before deciding whether the Singlife Comprehensive Critical Illness Plan is the right fit for you. While this policy offers comprehensive coverage, high payout amounts, and early-stage coverage, there are also potential drawbacks to consider.
Overall, the Singlife Comprehensive Critical Illness is an excellent choice for those looking for a reliable and affordable insurance plan that offers comprehensive coverage for a range of early critical illness conditions. By investing in this plan, you can rest assured that you’re taking a proactive step towards protecting yourself and your loved ones from the unexpected.
Overall, the Singlife Comprehensive Critical Illness Plan (previously known as My Early Critical Illness Plan II) is a comprehensive policy that offers significant benefits and protections for those seeking financial security in the face of a critical illness. By weighing the pros and cons and consulting with a financial professional, you can make an informed choice about whether the Singlife Comprehensive Critical Illness Plan is the right fit for your needs and budget.
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