Easy Guide to 12 Critical Illness Insurance Plans in Singapore

According to the Singapore Cancer Society, an average of 39 Singaporeans face a cancer diagnosis each day. The high cost of treatment can strain finances, but critical illness insurance offers a solution. This guide presents Singapore’s 12 best critical illness insurance.

Best Critical Illness Insurance in Singapore Comparison 2025

1. FWD Big 3 Critical Illness – Best for Comprehensive Critical Illness Coverage

The FWD Big 3 Critical Illness Insurance plan is one of the top insurance plans Singapore that is designed to provide sizable coverage against some of the most common and critical illnesses – cancer, late stage heart attack, and late stage stroke. This plan is especially good for those who want focused protection against 90% of critical illnesses’ claim causes.

With this policy, you get 100% payout of the sum insured or total premiums received (whichever is higher). You can use the lump sum as you wish, whether for treatment, etc.

Coverage & Payout

• 100% Lump Sum Payout: The 100% lump-sum benefit will be payable on diagnosis of cancer at any stage, heart attack (late stage), stroke (late stage). You can use this payout for any medical treatment and personal expenses.
• No Medical Examination Required: You can apply for the coverage without going through a medical examination, the coverage is available with a simple health declaration.
• Flexible Coverage Amounts: You can choose your coverage from S$50,000 to S$200,000. You can further enhance your coverage by choosing optional add-ons like heart and neurological disorder benefits.

Renewal & Costs

• Renewable Up to Age 85: The policy can be renewed each year until you turn 85 years of age.
• Affordable Premiums: A man in his 30s who is a non-smoker can get S$40 a month for S$200,000 of coverage. Your premium calculation depends on your details and you can cheque your price with ease online.

Unique Benefits

• Exclusive FWD HealthFirst Programme: You can enjoy free teleconsultations and discounted rates at over 600 clinics. This programme also extends to your loved ones.
• Promotions: Promo code BIG60 will give you 60% off on first-year premium and 35% on all other premiums. This offer is valid for a limited time, so act fast!

Exclusions & Limitations

• The plan doesn’t cover any condition or illness that is not one of the specified type of cancers, heart attacks, or strokes. You can cheque policy documents for full details on exclusions.
• The policy is also available subject to the company’s underwriting and acceptance based on your health declaration.

Best for

• People who want inexpensive coverage for cancer, heart attack, stroke.
• Anyone who wants to fill gaps in existing critical illness insurance Singapore with coverage of up to S$200,000.
• Those who prefer simple no medical examination policies and prefer online buying.

Ongoing Promotions

• 60% off First-Year Premium: Take 60% off First-Year Premium with promo code BIG60. It is a limited time offer.
• 35% off Subsequent Premiums: Enjoy long-term savings with this ongoing promotion.

This plan is suitable for anyone who prefers targeted and simplified coverage for critical illness and provides flexibility of renewal and additional health benefits.

2. GREAT Critical Cover: Complete (GCC) – Best for multi-pay coverage

Great Eastern offers the GREAT Critical Cover: Complete (GCC) plan that covers critical illnesses comprehensively. It suits individuals who want a strong safety net against common and rare critical illnesses. It covers 53 critical conditions.

This insurance plan Singapore also provides coverage for three critical illnesses. You will receive the full sum insured on the diagnosis of your critical illness.

Coverage & Payout:

• Coverage for 53 Critical Illnesses: Get insured against 53 critical illnesses which include cancer, heart attack, stroke, etc. This will offer you complete peace of mind for all stages.
• Full Payout for Multiple Claims: The Protect Me Again rider pays you up to three full payouts per critical illness diagnosis, for a total of up to S$1,050,000. Every claim pays cash in a lump sum that can be used for treatment or anything else one wishes to.
• Flexible Coverage Amounts: You have the choice of coverage amounts according to your capabilities, either S$100,000, S$200,000, or S$350,000.

Renewal & Costs

• Coverage Until Age 85: This insurance policy provides critical illness coverage until you reach the age of 85 years old.
• Affordable Premiums: – Depending on your age, sum assured and smoking status, the premiums may differ. The initial premium is S$215.85 for a non-smoker aged 20, for S$100,000. The premiums keep increasing as you grow older every year.
• Optional Add-Ons: You can get paid out three times for the same illness. To guard against misdiagnosis, you can get payout for additional diagnosis too.

Unique Benefits

• Up to Three Claims with Full Payouts: You can make up to three claims for full payment. Most policies do not allow you to make multiple claims or offer payouts at all, but this feature enables you to receive payment for your critical illness diagnosis.
• Young Applicants Benefit: Buying this plan at a young age means lower premium amounts. Also, you are more likely to be accepted for coverage. This is because health issues in later age may make you ineligible for critical illness insurance Singapore.

Exclusions & Limitations

• Waiting Period: There is a 90-day waiting period for cancer and heart attack claims, starting from the policy or rider incept date.
• Claim Timing Restrictions: You cannot make an additional claim for a different critical illness until 12 months have passed from the date of making the first claim. You cannot make an additional claim for the same critical illness until 24 months have passed from the date of making the first claim. After the third payout, the policy will be terminated.

Best for

• Those aged between 19 to 60 years seeking all-round protection against a wide range of critical illnesses.
• People who want more than one payout for different critical illness diagnosis and are looking for flexibility in the amount they need.
• Anyone young who wants to get low premiums with a long term plan with many benefits.

Ongoing Promotions

• Up to S$1,200 Cash Reward: If you apply for this policy, you will receive a one-time cash reward of up to S$1,200, according to the promotion. The offer will be valid on or before 30 September 2025.

This insurance plan Singapore is ideal for an applicant wanting comprehensive coverage against critical illnesses. Complete protection against any type of critical illness and is especially required as it offers multiple payouts over a span of many years.

3. Tiq 3 Plus Critical Illness – Best protection for young dependants

The Tiq 3 Plus Critical Illness insurance Singapore plan is provided by Etiqa. It provides coverage for the three most claimed critical illnesses: cancer, heart attack and stroke.

This is one of the top insurance plans Singapore that offers cost-effective protection that provides individuals with a simple solution for coverage against major critical illnesses and the option to increase the coverage later on.

Coverage & Payout

• Comprehensive Protection: Covers Early to Advanced Stage Cancer, Major Stage Heart Attack & Stroke.
• Special Conditions: A plan, the special conditions covered are diabetic complications & severe rheumatoid arthritis. If you are diagnosed with any of these conditions, 20% of the sum insured is payable as a lump sum, up to S$25,000 per condition.
• Flexible Coverage Options: You can choose to insure a sum of S$30,000, S$50,000, or any amount between S$30,000 and S$300,000.
• Payouts: The plan offers payouts that mean you will receive a complete lump sum payout upon diagnosis of any one of the critical illnesses, which you can then use for treatment, surgery, or any other use as per your wishes.

Renewal & Costs

• Renewable Coverage Until Age 85: The plan lets you renew your coverage every year for life, till 85 years. It does not require any further medical examination.
• Affordable Premiums: The premiums are very cheap, with premiums starting from only S$2.85/month. The actual cost will depend on your chosen coverage amount and other factors such as age and smoking habits.
• No Medical Exams Required: You only need to answer 3 health questions to apply or renew. No medical exams required; it’s that easy and quick.

Unique Benefits

• Death Benefit: This plan will pay out S$20,000 as a lump sum death benefit for you in case of death. This amount is also payable for up to 4 children in case of death.
• Optional Heart & Neurological Disorder Rider: You can choose the Heart & Neurological Disorder rider to get the insurance coverage for any kind of heart and neurological disorder (which might not be severe) other than heart attacks and strokes.
• Stack & Save Promotion: With our Stack & Save promotion, you may get up to S$150 in extra cashback (on top of existing promotions) when you buy 2 or more eligible products.

Exclusions & Limitations:

• Pre-Existing Conditions: Your application for the plan may not be accepted if you have a pre-existing condition as defined by the three health questions.
• Claim Limits: The maximum sum assured for one critical illness claim is S$350,000 for each life insured. A maximum of S$2,000,000 will apply to any number of policies.
• Special Condition Coverage: The claims of diabetic complications and severe rheumatoid arthritis will be restricted to one lump sum per illness during the policy period.

Best for

• This plan is ideal for those aged 17 to 70 who wish to obtain an affordable critical illness cover of essential illnesses. Furthermore, it mainly protects the most commonly claimed illnesses including cancer, heart attack and stroke.
• If you have someone in your family who has experienced a serious illness, this plan is for you. The plan is cheaper and offers coverage for these diseases.
• This is suitable for those who are searching for a simple application process without the hassle of medical examinations.

Ongoing Promotions

• Up to S$150 Cashback: Get up to S$150 Cashback when you purchase 2 or more selected products to receive an additional S$150 cashback on top of the ongoing promotions!
• Referral Programme: Earn up to S$50 for every successful referral, helping you save even more on your premiums.

This plan is a great choice if you want affordable critical illness coverage, great benefits, and the option to enhance your coverage further with riders. This insurance is all about peace of mind and financial security.

4. Singlife Comprehensive Critical Illness – Best for Extensive Protection Against a Wide Range of Critical Conditions

The Singlife Comprehensive Critical Illness plan is one of the top critical illness insurance plans

Singapore 2025 that offers coverage for 132 critical illness conditions at various stages such as early, intermediate and severe stages.

If you want protection against a life-threatening disease like cancer, stroke or heart attack, as well as not-so-known serious diseases, this plan may be ideal for you.

Coverage & Payout

• Lump-Sum Payout: If you’re diagnosed with any covered illness, you receive 100% of your sum assured as a lump sum payout. This secures the funds for treatment and other needs during recovery.
• ICU Hospitalisation Support: If you are staying in the ICU for an extended period, the Plan will pay for the extra hospitalisation cost up to S$25,000.
• Tumour Surgery Benefits: If you are advised surgery to remove a benign tumour or if you are diagnosed with a borderline malignant tumour, you will get an additional 20% of the sum assured.
• Special Conditions Coverage: With this plan, you get 20% of the sum assured upon diagnosis of any one of the 27 special conditions that are covered.
• Death Benefit: If the life assured dies, the plan will give a S$5,000 payout to help with funeral expenses. The same benefit extends to up to 4 children.

Renewal & Costs

• Renewable Coverage: The insurance policy can be renewed every year till age 99. It also does not require repeated medical tests for renewal.
• Flexible Coverage Options: Choose from a range of durations, from 10 years to up to age 99. You also get to choose your cover currency (available in 6 currencies) to suit local or international needs.
• Affordable Premiums: The premium depends on the amount of coverage you want and your age. However, the plan starts at a very affordable amount. Thus, it is easy for most people to pay the premium.

Unique Benefits

• Broad Coverage Across 132 Conditions: The plan covers early, intermediate, and severe stages of 132 critical illnesses. These conditions cover a wide range that will not be covered by other plans available in the market.
• Additional ICU & Surgery Coverage: The plan covers early, intermediate, and severe stages of 132 critical illnesses. These conditions cover a wide range that will not be covered by other plans available in the market.
• Special Conditions Coverage: The plan provides additional coverage over and above critical illnesses. If you are affected by any of the conditions, you will get a payout equal to 20% of the sum assured. Most of the standard critical illness plans do not provide this coverage for 27 special conditions.
• International Flexibility: With the option to choose from 6 currencies, this plan is ideal for individuals living abroad or those with international financial needs.

Exclusions & Limitations

• Pre-existing Conditions: The plan does not cover any pre-existing disease. If you have had any disease previously, then it won’t get covered under the plan.
• Special Conditions Limits: The 20% special conditions payout may only be claimed for one special condition per policy term and subject to maximum limits.
• Exclusions for Certain Medical Procedures: Certain medical procedures will not be covered. The specific policy wording will contain the correct information on what is covered and what isn’t. The exclusion applies to particular procedures or stages of illnesses which are not defined in the plan.

Best for

• People looking for expansive coverage for 132 critical illnesses, including those in various stages of the disease.
• Those needing extra funds for ICU hospitalisation and surgeries, on top of what is typically covered in other plans.
• Anyone in need of a long-lasting and renewable critical illness policy with flexible life coverage terms may also apply for coverage in different currencies.

Ongoing Promotions

• 10% Perpetual Premium Discount: Enjoy a 10% discount on premiums for the Singlife Comprehensive Critical Illness plan upfront, with no minimum sum assured, for permanent savings.

This plan is ideal for anyone looking for comprehensive critical illness insurance Singapore coverage with added benefits covering ICU hospitalisation, tumour surgeries and special conditions.

5. Singlife Big 3 Critical Illness – Best for Focused Protection Against Major Health Threats

Singlife Big 3 Critical Illness plan is one of the top top critical illness insurance plans Singapore that protects you against the three most common critical illnesses in Singapore, namely cancer, heart attack and stroke. This plan offers a 200% payout for these illnesses, making it ideal for anyone concerned about the worst kinds of diseases.

Coverage & Payout

• 200% Lump Sum Payout: You receive 200% of your sum assured if diagnosed with cancer, heart attack, or stroke, covering early, intermediate, and severe stages of these conditions.
• Additional Coverage for Other Critical Illnesses: The plan covers an additional 13 heart and neurological diseases like coronary artery disease that gives you added security against an occurrence of a few heart-related issues.
• ICU Hospitalisation Support: You receive an additional 20% of your sum assured (capped at S$25,000) when you are confined to the ICU for 4 days or more during a single hospital admission.
• Death Benefit: This plan gives R$5,000 to the family of the insured in case of death. This money can be used to cover funeral bills or any debt obligations.

Renewal & Costs

• Flexible Coverage Duration: You can select coverage till 10 years or up to 99 years with a further choice to select one-year interval.
• Currency Options: There are 6 currencies (SGD, USD, GBP, EUR, AUD, HKD) available for coverage. Notify any specific needs which require international coverage amount.
• Affordable Premiums: Premiums differ depending on coverage amount as well as age. You can avail wide coverage without any strain on your budget. You do not have to pay a significantly higher premium under the plan to receive a 200% payout for major critical illnesses.

Unique Benefits

• 200% Payout for Big 3 CIs: If you are diagnosed with any one of the top 3 critical illnesses (CI) — cancer, heart attack or stroke — you will get a 200% payout with the Singlife Big 3 Critical Illness plan. Other plans typically offer just 1 payout.
• Heart and Neurological Coverage: You get coverage for 13 heart and neurological diseases like coronary artery disease. Most critical illness policies do not cover these diseases.
• Special ICU and Heart Treatment Benefits: The plan offers additional payouts for 20% of the sum assured in the hospitalisation phase in the ICU. There are additional payouts for heart treatment, including angioplasty. This helps cover the cost of the treatment as well as the recovery phase.
• Standalone or Rider Option: You can opt for this plan as a standalone critical illness policy or as a rider to enhance your Singlife term life insurance.

Exclusions & Limitations

• Pre-existing Conditions: The plan does not cover any health problems or pre-existing issues that existed before the purchase of this plan.
• Waiting Period for ICU Claims: The hospitalisation must be treated as a Necessary Medical Treatment. The stay in the ICU must have a minimum of 4 days for the payment to be made.
• Special Conditions Claim Limit: The 20% payout for heart treatments and ICU claims has a S$25,000 per life insured cap under Special Conditions. This may not be enough to cover costs in some cases.

Best for

• People who want specific coverage on the three most common critical illness in Singapore which are cancer, heart attack and stroke.
• People who want higher caps for particular heart and brain illnesses as well for long ICU stays.
• Anyone who requires access to worldwide protection plans, flexibility of premium payment, with the choice of coverage sum and period.

Ongoing Promotions

• Stack & Save Offer: Buy 2 or more eligible products to get S$150 more cashback to save more on the premiums.
• Referral Programme: Earn up to S$50 for each successful referral, adding more value to your coverage.

This is one of the best insurance plans Singapore that is suitable for anyone looking for comprehensive coverage against cancer, heart attack, stroke, other heart ailments. The plan offers 200% payout along with other benefits ICU cover, chronic heart ailment treatment cover and more.

6. AIA Beyond Critical Care – Best for Holistic Protection Against Critical and Mental Illnesses

The AIA Beyond Critical Care plan provides extensive coverage for major stage critical illnesses (CIs) and mental health conditions with superior benefits that other critical illness plans usually do not offer.

Designed to provide comprehensive financial support, this plan goes beyond traditional coverage, addressing both physical and mental health needs, ensuring you have the protection you need in times of recovery.

Coverage & Payout

• Holistic Critical Illness Protection: The plan provides coverage for 43 major stage CIs such as Cancer, Heart Attack and Stroke and 5 Re-Diagnosed or Recurrent CIs.
• Mental Well-being Coverage: You will receive 20% of your sum assured for five popular mental illnesses until 75 years of age to help recover faster.
• Premium Refund Benefit: You will receive a premium refund benefit on completion of the policy term. This means Get 100% refund of annual premium payment of base plan during maturity, which makes this benefit unique among critical illness plans.
• Death & Compassionate Benefit: In case of death, your beneficiaries will receive a lump sum of S$5,000 to help with funeral costs or outstanding payments.

Renewal & Costs

• Flexible Coverage Term: You can select the coverage term from 10 years to age 99 and renew it from year to year.
• Currency Options: Coverage is available in multiple currencies, including Singapore Dollar, US Dollar, British Pound, Euro, Australian Dollar and Hong Kong Dollar.
• Premium Discount for AIA Vitality Members: AIA Vitality Members get an instant 10% premium discount on joining AIA Vitality, which can be further enhanced to up to 15% based on improvement in health status.

Unique Benefits

• Mental Health Coverage: The coverage for mental health is a 20% extra payout for the 5 major mental illnesses which provides vital support for recovery from illness.
• Premium Refund: Unlike most plans that offer limited coverage, AIA Beyond Critical Care offers a 100% Refund of Premium at the end of the policy term. So, you will get back what you paid for it!
• Extended Coverage for Recurrent CIs: The plan is designed to give you coverage for critical illnesses that reappear or get diagnosed again. This means that you will not be left hanging if the illness shows up again.
• Health Screening Benefit: You will receive reimbursement for up to S$200 health screen fees from the 4th policy year to help you maintain good health.

Exclusions & Limitations

• Pre-existing Conditions: The policy won’t cover any pre-existing diseases or ailments that you had before taking out the plan.
• Mental Illness Claims Limit: You may claim up to the limit of S$150,000 if you suffer from any mental illness, and S$50,000 for each event.
• Waiting Period for Recurrent Claims: The waiting period for claims happening after two years of first claims is 24 months for rediagnosis.
• Death Benefit Limitation: The death benefit will not be paid in case where the critical illness benefit was paid at 100% of the sum insured.

Best for

• Individuals seeking holistic coverage for their well-being, including critical illnesses and mental health variants.
• People that want a plan that gives financial support in case of a major illness and premiums refunded at the end of the term.
• Those who desire flexible coverage and the ability to choose from multiple currencies are ideal clients, making it suitable for both local and international clients.

Ongoing Promotions

As of now, there are no ongoing promotions.

This plan is ideal for anyone who wants complete critical illness coverage that covers mental illnesses too. Additionally this plan with premium refund option will ensure you have sufficient finances during treatment and recovery.

7. TM Multicare: Highest Early Stage Critical Illness Payout – Best for Comprehensive and Multi-Claim Protection

The TM Multicare plan covers early, intermediate, and late-stage critical illnesses (CIs). As such, if you’re looking for an extensive plan that covers different stages of illness, recurring or rediagnosed illness, this may be the one for you.

This plan offers an early stage high payout and multi-claims coverage, making sure you are financially secure during your health journey.

Coverage & Payout

• Multiple Payouts Across Stages: TM Multicare offers a total payout of up to 900% of the sum assured at the early, intermediate, and advanced stages of critical illnesses. You can claim the early and intermediate stages twice, and its coverage is up to S$350,000 each.
• Coverage for Special & Juvenile Conditions: The policy covers 10 special conditions and 10 juvenile conditions. For each condition, you can make up to 5 claims. Furthermore, you will receive up to S$25,000 for each claim.
• Premium Refund Benefit: TM Multicare provides a premium refund of 100% at the end of the policy term. This plan is one of the few plans which provides this benefit.
• Juvenile Waiver Benefit: The benefit of Juvenile Waiver is that if the life assured who is a juvenile successfully makes a claim for a critical illness of advanced stage, all future premiums on the policy are waived.

Renewal & Costs

• Flexible Coverage Period: Select a policy term as per your requirement, the coverage is available as low as 10 years and as high as 99 years.
• Affordable Premiums: The plan is structured to provide affordable coverage for comprehensive protection, with premiums tailored to your coverage amount and health profile.
• No Payment of Premiums After 100% Payout: Once your policy has paid out 200% of the sum assured, you do not have to pay further premiums and benefits for critical illness will cease.

Unique Benefits

• High Early-Stage Payouts: Most of the other critical illness policies would give a standard payout for early-stage claims. However, the TM Multicare policy offers a payout of up to 900% for different stages of the illness. Thus, it is the only one with the power to give a better early-stage payout.
• Multi-Claim Protection: With this plan, you can make various claims at various stages and for different conditions. So, you don’t lose your insurance cover even if your illness recurs or you get diagnosed with another critical illness.
• Extensive Coverage for Special and Juvenile Conditions: TM Multicare provides multi cover for 10 special conditions and 10 juvenile conditions which is more than what is offered by most plans which just cover 1 condition. The same condition can also be claimed multiple times.
• Premium Refund: Your premiums (except for any claims) will be fully refunded to you at the end of the policy term.

Exclusions & Limitations

• Pre-existing Conditions: Any sickness or disease you were suffering from before you bought the policy won’t be covered by the plan.
• Claim Limits: The limit on each claim under the special and juvenile conditions benefit is S$25,000 per claim, which may be inadequate for more expensive treatments.
• Juvenile Conditions Limitations: The juvenile waiver is limited to advanced stage critical illness claims and applies only to juvenile life assured policies.

Best for

• People who want maximum coverage for the first, second, and third stage of critical illness. Also, they want to claim more than one illness.
• People who need extra protection for special and juvenile cases and also want the option of making multiple claims for each case.
• Individuals seeking a plan that provides premium refund benefit which rewards them for staying invested for a long time & returns all premiums on maturity.

Ongoing Promotions

As of now, there are no ongoing promotions.

This plan is ideal for individuals who seek multi-claim coverage along with high early-stage payouts and special and juvenile conditions coverage. It provides reassurance with flexible terms and the unique benefit of a premium refund feature.

8. Singlife Multipay Critical Illness – Best for Comprehensive, Multi-Payout Protection Against Critical Illnesses

The objective of the Singlife Multipay Critical Illness plan is to provide comprehensive protection against critical illnesses through multiple payouts across various stages of the illness.

This plan provides coverage for 135 conditions like cancer, heart attack and stroke, along with protection for recurring or rediagnosed conditions so that you are protected for life.

Coverage & Payout

• Multiple Payouts: Get up to 900% of the sum assured with multiple payouts for a range of critical illnesses. This plan lets you claim at different stages — early, middle and severe — and protects you completely during the journey.
• Recurrence Protection: If the illness is diagnosed again, the policyholder will receive 150% of the sum assured for certain critical illnesses. The maximum payout for this benefit is 300%.
• Comprehensive Coverage: You can get coverage for 135 illnesses powered by the best health insurance policy that covers almost all kinds of critical illness. It covers the most common to the least common illnesses.
• ICU and Special Benefits: You will receive 20% of your sum assured, capped at S$25,000, for the use of ICU for a period of 4 days or more. You will also receive a lump sum payment for borderline malignant tumours as well as benign tumours if surgery is required.
• Death Benefit: This plan comes with a S$5000 lump sum payment upon death to help with funeral expenses and alleviate the financial burden on your loved ones.

Renewal & Costs

• Flexible Coverage Duration: Choose from coverage options of 10 years to age 99, providing long-term financial security. Renewal is available annually.
• Premium Discounts: When you sign up for AIA Vitality, you will receive a discount of 10% in the first year and a potential discount of up to 15% as you improve your health status.
• Affordable Premiums: Premiums are determined depending on the liability amount and duration selected. The plan aims to deliver optimum benefits at reasonable costs.

Unique Benefits

• Multiple Payouts: The Singlife Multipay allows multiple payouts at different stages of critical illness. So if the illness recurs or you get another condition, you are still covered.
• Recurrence Benefit: With 150% payout for recurrent severe-stage conditions, this plan offers financial support even after a first claim has been made.
• Premium Waiver: If you ever get diagnosed with any critical illness during the policy term, the future premium will be waived-off. Thus, you won’t have to worry about the premium anymore.
• Advance Care Option: By selecting the Advance Care Option, you may convert your recurrent critical illness benefit into an additional payout upon first occurrence of diagnosis of any one severe illness.

Exclusions & Limitations

• Pre-existing Conditions: The policy doesn’t cover for pre-existing conditions diagnosed before the policy was issued and anything similar, that’s not covered by the policy.
• Claim Limits for Special Benefits: Special condition benefits are limited to a cap of S$25,000 per condition. This may not be sufficient to cover high treatment costs for some conditions.
• Waiting Period for Recurrence Claims: You must wait 24 months to claim for critical illness recurrence. You can’t claim it again immediately if you suffer a relapse.

Best for:

• People who want broad coverage for multiple major illnesses, including coverage for recurrences or re-diagnosed conditions.
• People who require continuous financial aid at the early, middle, and severe stages of illness with a repeat option.
• People seeking premium waivers for a major diagnosis and long-term plans until the age of 99.

Ongoing Promotions

• 10% Premium Discount: When you join AIA Vitality, you will receive a 10% discount off premium in the first year. You may also be eligible for a discount of up to 15% in the following years, depending on your health status.

The Singlife Multipay Critical Illness plan is ideal for anyone seeking multiple payouts for ongoing critical illness coverage, protection against recurrences as well as other benefits such as premium waivers and more advanced care.

9. Manulife CI FlexiCare – Best for Multi-Stage Critical Illness Protection with Flexible Premium Options

The Manulife CI FlexiCare (Deluxe) plan is among the most extensive critical illness insurance coverage in Singapore. This plan is best suitable for those who want comprehensive coverage for protection against the early and intermediate and advanced stages of critical illness. And also those who need extra coverage for recurrent and relapse illness.

This plan also provides flexible coverage options, ensuring long-term financial protection, even as your needs evolve.

Coverage & Payout:

• Wide-Ranging Coverage: The plan offers coverage for up to 169 conditions including 126 critical illnesses, 20 extended advanced critical illnesses, 23 special conditions, ensuring broad and inclusive protection.
• Multiple Claims: The plan offers you the option to claim up to 800% of the sum insured for multiple occurrences of critical illness. It ensures that you receive money while recovering or if the condition develops again.
• Advanced Stage Booster: You get an additional 200% payout for advanced stage critical illnesses to manage the financial burden during the critical stage of illnesses.
• Special Condition Coverage: Coverage provides coverage for 20% of the sum insured, up to S$25,000 for each of the 23 listed conditions. This coverage does not impact the sum insured, allowing for contineous coverage of any other condition.
• ICU & Recovery Support: If you get admitted to the ICU for more than 4 days, you will get 20% of the sum assured up to S$25,000, offering financial relief during extended hospital stays.

Renewal & Costs:

• Flexible Coverage Duration: Choose from coverage options that extend until age 65, 75, 85, or 99, offering long-term protection based on your needs.
• Premium Payment Terms: Premiums must be paid throughout the policy’s duration. The premiums are non-guaranteed but could be adjusted. The adjustment in premiums could happen based on the age and gender of the individual and amount of coverage. Because the plan is flexible, premiums can easily be managed.

Unique Benefits

• Juvenile Coverage: Unlike most other plans, Manulife CI FlexiCare (Deluxe) covers 36 major critical illnesses for children, ensuring a high level of protection for younger insureds..
• Premium Waiver: After a successful claim for a critical illness of a severe stage, you do not have to pay further premium, providing immediate financial relief during the recovery phase.
• Multiple Claims & High Payout Limit: You can make more than one claim under the plan to cover the costs of the disease, along with a high payout limit of 800 times the sum assured.
• Death Benefit: There is also a death benefit under the plan, which ensures your family does not suffer financial loss in case of your demise.

Exclusions & Limitations

• Pre-existing Conditions: The policy does not cover any pre-existing conditions or illnesses diagnosed before the policy was purchased.
• Claim Reduction: After a claim is made, the coverage amount gets reduced by the amount of the claim paid out, so only lesser coverage will be available in future claims.
• Special Condition Claims: Claims for Special conditions can only be made to a maximum sum of S$25,000 per special condition only once.

Best for

• People who want complete critical illness coverage, whether early, middle, or late, with the option to pay for the same sickness again.
• Families who want juvenile illness coverage and seek financial relief with the premium waiver after first claim.
• If you want protection that lasts a lifetime, with a term that could go up to 99- years, as well as the flexibility of adapting the coverage according to your need, then this is for you.

Ongoing Promotions

• 10% Premium Discount: If you are an AIA Vitality member you will get a 10% premium discount for the first year of your plan. Furthermore, if your health status improves, your premium discount can go up to 15%.

Manulife’s CI FlexiCare (Deluxe) Plan offers wide coverage, multiple claims and premium waivers, suitable for those looking to have long-term comprehensive coverage of critical illness.

10. PRUActive Protect – Best for Customisable Protection Against Critical and Recurring Illnesses

PRUActive Protect is a highly flexible critical illness insurance plan which offers coverage for 37 diseases, at the early, intermediate and final stages of the diseases. This plan is perfect for people looking to get a protection plan tailored to their needs that changes over time.

Coverage & Payout

• Wide Coverage: PRUActive Protect covers 37 critical illnesses, it provides you with coverage for early, intermediate and advanced stages of diagnosis.
• Multiple Payouts: This plan lets you get paid multiple times across stages of illnesses. Thanks to the multi-claim feature, coverage of up to 500% of sum assured is available for critical illnesses due to recurrence/relapse.
• Crisis Care Accelerator: You will receive 50% of critical illness cover if you suffer from a major illness needing hospitalisation in ICU and surgery on vital organs.
• Child Coverage Benefit: If both parents buy PRUActive Protect, the children will get complimentary coverage for 36 critical illnesses and 9 juvenile conditions.
• Monthly Benefit: You also receive additional monthly payout from S$100 to S$5,000, for a period of 1 year to 3 years, after the diagnosis..

Premium Waiver & Duration

• Premium Waiver: After the first claim of severe stage critical illness, your future premium will be waived. So, you do not need to worry about future premiums for your coverage.
• Flexible Coverage Duration: You can choose the coverage duration you need, from up to the next 10 years or until you reach 99 years of age, depending on your long-term protection needs.

Unique Benefits

• Early Protect & Early Protect Plus: Protect yourself from pre-critical stage illnesses with Early Protect and Early Protect Plus. You can get 500% of the Early Protect sum assured as a payout.
• Severe Infections Protect: If you are diagnosed with a critical infectious illness, you will receive an additional lump sum payout. But, this will only happen if you are hospitalised in the ICU for 5 consecutive days or more.
• Life Protect Plus: It provides additional sum benefits of up to 100% of your base critical illness coverage upon death.
• Protection for Recurring Conditions: 500% of sum assured for subsequent diagnosis of the same critical illness with a waiting period of 12 months between different critical illnesses and 24 months between recurring critical illnesses of the same nature category.

Exclusions & Limitations

• Waiting Period: After the policy inception or addition of the rider, the waiting period for filing claims is 90 days.
• Special Conditions: The claim for special conditions is limited to S$25,000 per life. There can be no repeat claim for the same condition.
• Health Screening: To qualify for coverage of specific critical stage illnesses, medical underwriting and health screenings are essential.

Best for

• Individuals seeking flexible, ongoing protection for critical illnesses, with the ability to customise the plan as life circumstances change.
• Parents want full coverage for their children, as it includes coverage for childhood diseases.
• People who want to be financially secure during recovery with monthly and lump sum benefits for critical illness diagnosis.
• Those who wish for premium waiver on a critical stage claim which provides instant monetary relief.

Ongoing Promotions

No active promotions are currently available for PRUActive Protect.

PRUActive Protect is a flexible and customisable plan that offers a wide range of unique coverage benefits. It is ideal for anyone who wants protection against critical illnesses, with coverage that can be suited to evolving health and financial needs for life.

11. Income Insurance Star Secure Pro – Best for Coverage Against Critical and Dread Diseases

Star Secure Pro is a comprehensive whole life insurance plan designed to offer extensive coverage for life’s most unpredictable events. It covers death, terminal illness and total and permanent disability. The level of cover can be optionally chosen by the policyholder and can go up to a maximum of 500% of the sum assured.

The Star Secure Pro also covers major illnesses and medical conditions like cancer, mental health issues, and diseases that have yet to be discovered.

Coverage & Payout

• Flexible Protection Levels: You can select a level of coverage of up to 500% of the sum assured. You will also be protected for death, terminal illness (TI) and total and permanent disability (TPD) until age 75 or 80.
• Riders for Added Security: You can cover an additional 152 illnesses (including mental illnesses, cancer, catastrophic illnesses) after adding the Advanced Life Accelerator Rider and the Early Life Accelerator Rider. They are under the Riders For Added Security. The policy also covers gene and cell therapy for cancer patients.
• Accidental Death Benefit: Receive an additional 30% coverage amount on your life policy (or another designated insurance plan), in case of accidental death.
• Family Waiver Benefit: If the payer dies or suffers a critical illness, the premiums will be waived, ensuring financial relief during tough times.

Renewal & Costs

• Choose Various Premiums: You can choose from a variety of premium terms ranging from five years to thirty years as per your requirements. Depending on your financial capability, you can also pay premiums until age 64.
• Premium Waiver Upon Retrenchment: If you face retrenchment, the plan offers premium waivers for up to 6 months, ensuring that you maintain coverage without added financial burden.
• Affordable Premiums: Premiums depend on the sum assured and the rider selections. A 28-year-old man named Mr Lim would pay an annual premium of $4,343 for a sum assured of $100,000 plus riders.

Unique Points

• Comprehensive Coverage for Mental Illnesses: Star Secure Pro provides dedicated protection for mental health, covering conditions like major depressive disorder and obsessive-compulsive disorder, which are common in Singapore.
• Future Unknown Diseases Protection: The plan includes coverage against future unknown diseases, such as COVID-19, which was not anticipated when the plan was designed. This makes it especially relevant for unpredictable health risks.
• Special Therapy Benefit: A unique feature of Star Secure Pro is its coverage for cell, tissue, and gene therapy in case of catastrophic cancer, which is the first in Singapore.

Exclusions & Limitations

• The insurance plan may not include any pre-existing diseases or any diseases diagnosed within 90 days of start of cover. Some serious illness and surgery have specific exclusions.
• The Family Waiver Benefit only applies to family members below the age of 70. Claims will be subject to terms and conditions concerning pre-existing conditions.

Best For

• People who want flexible and extensive insurance.
• Ideal for those worried about mental health and cancer safety.
• Great for people wanting protection against future unknown diseases and a mental peace of mind.

Ongoing Promotions

Star Secure Pro policyholders can avail of exclusive lifestyle offers and get enhanced coverage with the Advanced Life Accelerator Rider at special rates for limited time adding further value to the policy.

Star Secure Pro is a life insurance plan that offers flexible and innovative protection. It is an ideal plan for individuals who are looking for effective life cover that will meet the current and future needs of the insured.

12. China Taiping I-Secure Legacy: Best for Flexible Whole Life Coverage with Enhanced Protection

The China Taiping I-Secure Legacy is a great whole-life insurance plan that gives you lifetime coverage for terminal illness, total permanent disability and death. The plan has flexible premium payment options along with a multiplier option and custom-made riders against critical illness to give you and your family a long-term financial security.

Coverage & Payout

• Lifetime Protection: The plan provides coverage for terminal illness, total permanent disability and death for life, not limited to 99 or 100 years of age.
• Base Sum Assured: Your family gets the base sum assured in case of death, terminal illness and disability.
• Multiplier Option: You may add up to a 4X multiplier to your sum assured in order to receive enhanced coverage till 86 years of age when financial dependence of your children is on you.
• Guaranteed and Non-Guaranteed Bonuses:Get a guaranteed annual bonus and other non-guaranteed bonuses depending on the investment performances.
• Critical Illness Riders: It comes with 2 critical illness riders covering major ailments such as cancer, heart attack, stroke, etc.
• Flexible Premium Payments: You can choose to pay the premiums in 5, 10, 15, 20 or 25 year terms as per your convenience.

Renewal & Costs

• The plan allows for flexible premium payments and ensures you continue to enjoy coverage even after completing the premium term.
• Once premiums are paid, you’ll benefit from the coverage and potential cash returns.

Unique Points

• Generous Multiplier: China Taiping offers a 4X multiplier for age up to 86. This benefit provides significant coverage during the most crucial years of financial dependence.
• Wide Coverage Options: Add an EarlyCare rider to cover 161 early-stage to advanced-stage critical illnesses and 24 juvenile illnesses for yourself and your family.
• Premium Waiver Riders: Premium waiver riders allow you to choose up to 11 riders that will ensure premiums are waived if you or your family face any illness or injury.

Exclusions & Limitations

• The plan might exclude coverage for pre-existing conditions or illnesses identified within the first three months of cover. Certain major illnesses may be specifically excluded
• For some conditions, claims may have a waiting period or may be restricted.

Best For

• People who want lifelong coverage and flexible premium payment.
• Individuals who want to increase their coverage amount during the critical years of dependence so that their families enjoy a strong safety net.
• Individuals seeking to add insurance for life-threatening diseases like cancer, heart attack, or stroke may consider this coverage.
• Parents whose premium waiver benefits guarantee their coverage even if they become ill or disabled and unable to pay their premiums.

Ongoing Promotions

Currently, there are no ongoing promotions on China Taping I- secure legacy.

You can secure your long-term future with China Taiping I-Secure Legacy which offers excellent coverage at an affordable price. Further premium payment modifications and various add-ons are available.

Conclusion

Choosing the best critical illness insurance plan depends on your needs and budget. While all the plans mentioned offer valuable protection, Aviva MyMultiPay Critical Illness Plan IV stands out for its comprehensive coverage of 132 illnesses and generous multiple payout feature, providing up to 900% of the sum assured.

Before deciding, it is crucial to thoroughly examine the coverage details, exclusions, and costs associated with each critical illness insurance plan. When choosing a plan, consider your personal health history, family medical background, and financial circumstances to ensure that you have the most appropriate protection in place.

Frequently Asked Questions (FAQs)

Disclaimer: The information contained in this article is for general comparison purposes only and should not be taken as a substitute for professional insurance advice. Critical illness insurance plans can be complex and have varying exclusions, benefits, and eligibility requirements. It’s important to consult with a qualified financial advisor or insurance agent to understand your needs and choose the best plan. While we strive to provide accurate information, the author(s) and BizTech Community disclaim any liability for any errors or omissions or for the results obtained from using this information.