Insurance

Comparing Critical Illness Policies

Protect yourself and your loved ones with a critical illness policy.

  • iFAST Insurance Team
  • |
  • Published on 28 Feb 2018

Ready CompleteCare
TM Multicare
TM EarlyCover
Silver Secure
Lady 360
Insurer
Manulife
Tokio Marine
Tokio Marine
NTUC Income
NTUC Income
Coverage
All stages of Critical Illnesses for 106 conditions and death
Critical illnesses and death
119 medical conditions or procedures arising from different stages of severity
Senior diseases and death. Coverage may be provided even for those with existing conditions (e.g. higher cholestrol and blood pressure levels)
Female illnesses, surgeries, support and death
Entry Age
Age 0 to 65
Age 1 to 60 or 65
Age 1 to 65
Age 40 to 74 (Age Last Birthday)
Age 15-59 (Age Last Birthday)
Policy Term
To age 75 or 99
To age 70, 75 and 85
To age 70, 75 and 85
To age 100 (Age Last Birthday)
10 year renewable or up to age 64 (Age Last Birthday)
Multiple claims coverage
"Cover me again benefit": benefit restarts coverage even after a claim is made, up to 500%
Multiple claims allowed even after an early or intermediate or advanced stage critical illness. Total pay-out for claims up to 700% of sum assured.
-
-
Can claim for more than 1 insured event, up to cover limit provided it is not for same illness or surgery or cause (except for cancer)
Additional Pay outs
Additional major Critical Illness benefit - pays 200% for 6 covered Critical Illnesses, only payable once
Recurring cancer benefit - pays 100% for subsequent advanced stage major cancer, payable up to a maximum of 2 times and capped at 200% of sum assured
Additional cancer benefit - pays up to 200% of sum assured for new, persistent, spread of recurrent major cancers
-
-
-
Benefit for special or juvenile conditions
Pays an additional 20% of sum assured for 18 special conditions. Pay outs capped at S$25,000 for up to 6 claims and doesn’t reduce the sum assured for Critical Illnesses
Pays 20% of sum assured for 10 Special and/or Juvenile conditions. Pay-out is capped at $25,000 with a maximum of 5 claims allowed
Pays 20% of sum assured for 10 Special and/or Juvenile conditions. Pay-out is capped at $25,000 with a maximum of 5 claims allowed
Upon diagnosis of a specified health condition, a special benefit equal to 3 times of your chosen monthly benefit is paid out
-
Death benefit
Total premiums paid less any claims pay-out are refunded
10% of sum assured given regardless of number of prior claims made
$20,000 regardless of number of prior claims made
Up to $10,000
$10,000
Free health check
Yes, complimentary basic health check every 2 years, transferrable to your loved ones
-
-
-
Yes, tailored health screening every 2 years and gets more comprehensive as you age
Free child cover
Pays $10,000 per child in event of any 36 advanced CI. Maximum payout of $20,000 per policy
-
-
-
-
Pay outs
Up to $250,000 for early stage,
Up to $350,000 for intermediate stage,
100% of coverage for an advanced stage
2 claims allowed each at 100% of sum assured for early/intermediate stage of critical illnesses. Pay outs up to $350,000
2 claims allowed each at 300% of sum assured for advanced stage of critical illnesses
For major cancers (advanced stage), an additional 2 claims each at 100% of sum assured can be made
Receive 100% of your sum assured, up to $350,000 for early and intermediate stages and 100% of your sum assured for advanced stage
Upon diagnosis of a specified senior disease, your chosen monthly benefit is paid out until age 100.
Also receive a lump sum support benefit of 6 times your chosen monthly benefit upon a successful claim
Female illnesses benefit - cover ranges from 50 to 100% with the total amount capped at 100% of sum assured
Female surgeries benefit - cover ranges from 15 to 30% with total amount payable capped at 50% of sum assured
Support benefits - cover ranges from 5 to 100% with total amount capped at 100% of sum assured
Waiver of future premiums
Add-on rider available
Juvenile waiver benefit allows future premiums to be waived upon the successful claim of an advanced stage critical illness from layer 2
Premiums waived upon first early/intermediate stage critical illness claim
Premium payments waived upon successful claim for a specified senior disease
Waiver for next 24 months or until end of policy term (whichever earlier) upon diagnosis of a covered female illness

For multiple claims: Ready CompleteCare and TM Multicare

Receive the option of making multiple claims up to 900% of your sum assured.

For gender specific coverage: Lady 360

Tailored for females, this policy covers for female specific procedures such as eggs freezing and hormone replacement therapy.

For seniors: Silver Secure

Coverage provided for senior specific diseases with a minimum age of 40 necessary for the policy entry age.

How FSMOne can help you get on track

Our team of friendly advisers are able to help you review your financial objectives, long term commitments, and offer you investment and insurance advice specific to your needs. If you would like assistance in reviewing your financial and protection portfolio, or simply to get a quote for an insurance plan,

Contact Our Advisors Here >

Available Products on FSMOne Insurance

Term Life, Whole Life, Critical Illness, Annuity, Health, Endowment


from Manulife, NTUC Income and Tokio Marine Life Insurance


*Please check with our advisory team if the product you want is available on FSMOne Insurance


Interested to learn more? Check out these articles:

All You Need To Know About Personal Accident Plans

5 Ideas That Can (Almost...) Give You A Lifetime Of Income

Comparing Whole Life Policies

Here's How Money Can Buy You Happiness

Want An Early Retirement? Find Out How Much It Costs

All materials and contents found in this site are strictly for general circulation and informational purposes only and should not be considered as an offer, or solicitation, to deal in any of the funds or products found/identified in this site. While iFAST Financial Pte Ltd ("IFPL") has tried to provide accurate and timely information, there may be inadvertent delays, omissions, technical or factual inaccuracies and typographical errors. Any opinion or estimate contained in this report is made on a general basis and neither IFPL nor any of its servants or agents have given any consideration to nor have they or any of them made any investigation of the investment objective, financial situation or particular need of any user or reader, any specific person or group of persons. You should consider carefully if the products you are going to purchase are suitable for your investment objective, investment experience, risk tolerance and other personal circumstances. If you are uncertain about the suitability of the investment product, please seek advice from a financial adviser, before making a decision to purchase the investment product. Past performance is not indicative of future performance. The value of the investment products and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice. In respect of any matters arising from, or in connection with the said research analyses or research reports, recipients of the report are to contact IFPL at 10 Collyer Quay, #26-01 Ocean Financial Centre Building, Singapore 049315, or by telephone at +65 6557 2853. Where the report contains research analyses or research reports from a foreign research house and if the recipient of such research analyses or research reports is not an accredited investor, expert investor, institutional investor or an ex-accredited investor, IFPL accepts legal responsibility for the contents of such analyses or reports to such persons only to the extent as required by law. Please note that only certain security(ies) herein are available to all investors, while the rest are only available for certain persons to invest in, such as Accredited Investors (as defined in the Securities and Futures Act) or one who invests at least S$200,000 (or its equivalent currency) per transaction. To qualify as an Accredited Investor, one needs to submit a declaration form and certain relevant supporting documents, according to iFAST’s prevailing policies and procedures.

Please read our full disclaimers on the website at ( https://secure.fundsupermart.com/fsmone/policies/328125/investment-account-terms-&-conditions).

iFAST Financial Pte Ltd (IFPL) (registered address: 10 Collyer Quay #26-01 Ocean Financial Centre Singapore 049315, Telephone: 6557 2000) holds the Financial Advisers Licence issued by the Monetary Authority of Singapore ('MAS') to conduct regulated activities of advising on securities, marketing of collective investment schemes and arranging of any contract of insurance in respect of life policies, other than a contract of reinsurance and the Capital Markets Services Licence issued by the MAS to conduct regulated activities of dealing in securities and providing custodial services for securities. While IFPL has made every effort to ensure the independence of the report's contents, IFPL's nature of business is such that IFPL and its connected and associated entities together with their respective directors, officers and staff may be involved in providing dealing or investment-related services in the abovementioned securities, and have taken or may take positions in the securities mentioned in this report, and may also act as the principal for any buy or sell trades.


Ways to Invest with FSM Global
Why FSM Global
Don't have an account with us?
Open an account here
Need Financial Advice?
Make an appointment
Related Articles More

We use cookies If you close this message or continue to use this site, you will consent to the use of Cookies, unless you choose to disable them. Click on our Privacy Policy to understand more.