Insurance

Comparing Critical Illness Coverage 2020

Updated 4 November 2020

  • Phuan Wei Ning
  • |
  • Published on 04 Nov 2020


FWD Big 3 Critical Illness
TM EarlyCover
TM MultiCare
Manulife Ready Complete Care
TM Term Assure 2
Manulife LifeReady Plus
FWD Cancer
Type of plan
Direct purchase insurance
Single pay-out standalone plan
Multi-pay standalone plan
Term with ECI rider
Whole life with ECI rider
Cancer only
Number of critical illness covered
3 critical illnesses
129 conditions
129 conditions
106 conditions
129 conditions
125 conditions
1 critical illness
Policy term
Yearly renewable, up to age of 85
To age 70, 75 or 85
To age 70, 75 or 85
To age 75 or 99
5 or 10 year renewable or up to age 85
To age 99
Yearly renewable, up to age of 85
Pay-outs
Lump sum pay-out upon diagnosis
Pay-outs staggered according to stages
Pay-outs staggered according to stages
Pay-outs staggered according to stages
Pay-outs staggered according to stages
Pay-outs staggered according to stages
Lump sum pay-out upon diagnosis
Medical underwriting
No, just answer 1 health declaration.
May require medical underwriting with this subjected to the insurer’s discretion.
May require medical underwriting with this subjected to the insurer’s discretion.
May require medical underwriting with this subjected to the insurer’s discretion.
May require medical underwriting with this subjected to the insurer’s discretion.
May require medical underwriting with this subjected to the insurer’s discretion.
No, just answer 1 health declaration. Cover may be given even with existing non-cancer related medical conditions.
Death benefit
$20,000
$20,000 regardless of number of prior claims made
10% of sum assured regardless of number of prior claims made
Total premiums paid less any claims pay-out will be refunded
According to sum assured of plan
According to sum assured of plan
$5,000
Direct online purchase
Yes
No
No
No
No
No
Yes
Ongoing promotions
Use promo code "IFAST" for 35% off your FWD Big 3 Critical Illness plan.

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Use promo code "IFAST" for 35% off your FWD Cancer plan.

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Information is accurate as of 6 December 2021 with changes subjected to the insurer's discretion.


On understanding critical illness coverage:

The Basics Of Critical Illness Insurance

Choosing the right critical illness coverage. Part 1

Choosing the right critical illness coverage. Part 2

Cheap Critical Illness Cover For Those In Their 30s

Critical illness coverage on a budget for age 40 and above


Available Critical Illness insurance on FSMOne:

FWD Insurance - FWD Big 3 Critical Illness, FWD Cancer, FWD Heart Attack, FWD Stroke


Manulife - Manulife ReadyCompleteCare, Critical SelectCare


MSIG - Cancer Care Plus


NTUC Income - Cancer Protect, Silver Protect, Lady 360


Tokio Marine - TM EarlyCover, TM MultiCare, TM Protect Cancer



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Available Products on FSMOne Insurance

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from AIG, Allianz, Chubb, Etiqa Insurance, FWD Insurance, Great Eastern, Manulife, NTUC Income, QBE, Sompo 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:

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Best Personal Accident Insurance Singapore 2020

3 Reasons To Not Get Basic Critical Illness Insurance

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