Critical Illness

Singlife Cancer Cover Plus: Comprehensive Protection Against Cancer Treatment Costs

In today's world, the threat of cancer looms large. Did you know that 1 in 4 people are likely to develop cancer in their lifetime ? Even more alarming is the fact that treatment for late stages of cancer can range from S$100,000 to S$200,000 yearly . With such staggering statistics, it's crucial to have comprehensive cancer coverage. This is where Singlife Cancer Cover Plus comes in, offering a robust solution to supplement your existing medical insurance.

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What is Singlife Cancer Cover Plus?

Singlife Cancer Cover Plus is a specialized medical plan designed to protect you against the hefty medical bills associated with cancer treatments . It's not meant to replace your existing medical insurance but to complement it, particularly your Integrated Shield Plan (IP) and riders. The goal is to significantly reduce your out-of-pocket expenses for cancer treatments, both locally and overseas .

Key Features That Set Singlife Cancer Cover Plus Apart

Comprehensive Cancer Treatment Coverage

Covers outpatient cancer drug treatments, both on and off the Cancer Drug List (CDL). Includes coverage for Proton Beam Therapy and Cell, Tissue and Gene Therapy.

High Annual Coverage Limit

Up to S$1.5 million per policy year

Worldwide Coverage

Allows you to seek cancer treatments overseas

As-Charged Coverage

Provides coverage for claims as they are charged, reducing out-of-pocket expenses

Easy Application

Only 3 simple health questions to answer. No medical check-up required.

Trusted Medical Partner

Teamed up with Icon Cancer Centre Singapore for a seamless treatment journey

Real premiums suggested for Singlife Cancer Cover Plus

73, Female making $15,000 a month

Coverage:
critical illness
up to S$1.5 million annual limit of CDL claims
Premium:
$2,260
Read More

22, Female making $12,000 a month

Coverage:
hospitalisation
cancer treatment
$1,500,000
Premium:
$1,079.3
Read More

33, Male making $10,000 a month

Coverage:
CDL cover
$160
Premium:
Get your own quotes →

What Does Singlife Cancer Cover Plus Cover?

Outpatient Cancer Drug Treatments

Treatments on the Cancer Drug List (CDL) and treatments not on the CDL (Classes A to E of the Non-CDL Classification Framework)

Outpatient Cancer Drug Services

Consultations, scans, lab investigations, treatment preparation and administration fees, supportive care drugs, blood transfusions

Proton Beam Therapy

Both inpatient and outpatient treatments, including associated consultation fees, examinations, and lab tests

Cell, Tissue and Gene Therapy

Both inpatient and outpatient treatments, including associated consultation fees, examinations, and lab tests

Overseas Treatment

Covers medical expenses at overseas hospitals for covered cancer treatments, subject to pre-approval and certain conditions

How Does It Work With Your Existing Insurance?

Singlife Cancer Cover Plus is designed to work alongside your existing health insurance. Here's how it fits in:

  1. Your existing medical insurance (e.g., Integrated Shield Plan and riders) pays first
  1. Singlife Cancer Cover Plus then covers the remaining bill
  1. You're only responsible for a small co-insurance amount (10% of the bill)

This structure significantly reduces your out-of-pocket expenses for cancer treatments .

Real-Life Scenarios

Scenario 1: Kate, 31 years old, non-smoker

Has Singlife Shield Plan 1 (without rider). Diagnosed with lung cancer. Undergoes cancer drug treatment on the CDL for 4 months at a private hospital. Total medical bill: S$140,000. With Singlife Cancer Cover Plus, Kate reduces her out-of-pocket expenses by 87%!

Scenario 2: Tina, 41 years old, non-smoker

Has Singlife Shield Plan 1 with Singlife Health Plus Private Prime rider. Diagnosed with breast cancer. Receives cancer drug treatment not on the CDL for 6 months at a private hospital. Total medical bill: S$180,000. With Singlife Cancer Cover Plus, Tina reduces her out-of-pocket expenses by 88%!

How Much Does It Cost?

The cost of Singlife Cancer Cover Plus depends on factors such as your age and chosen coverage amount. While specific premium amounts aren't provided in the brochure, it's important to note that premiums are likely to increase as you get older. To get an accurate quote, you'll need to speak with a Financial Adviser Representative.

Pros and Cons

Pros

  • High annual coverage limit (up to S$1.5 million)

  • Covers treatments both on and off the Cancer Drug List

  • Worldwide coverage

  • Easy application process

  • Complements existing health insurance

  • Partnered with a trusted cancer treatment center

Cons

  • Doesn't replace comprehensive health insurance

  • Only covers cancer-related treatments

  • 10% co-insurance still required

  • Premiums likely to increase with age

Important Notes and Exclusions

While Singlife Cancer Cover Plus offers comprehensive cancer coverage, there are some important points to keep in mind:

  1. The plan doesn't cover experimental or pioneering medical techniques.
  1. It doesn't cover medical devices, drugs, or treatments not approved by referenced regulatory bodies.
  1. For overseas treatment, you must not have stayed outside Singapore for more than 183 consecutive days within a 12-month period before admission.
  1. Pre-approval is required for overseas treatment coverage.

Frequently Asked Questions

Can I get this plan if I have pre-existing conditions?

The plan requires answering 3 health questions. Your eligibility may depend on your answers.

Does this plan replace my existing health insurance?

No, it's designed to complement your existing coverage, not replace it.

Can I choose any hospital or doctor for my treatment?

Yes, but you may enjoy additional benefits if you choose the partnered Icon Cancer Centre Singapore.

What happens if I'm diagnosed with a non-cancer illness?

This plan specifically covers cancer treatments. Other illnesses would be covered by your regular health insurance.

Is there an age limit for purchasing this plan?

While not specified in the brochure, there's likely to be an age limit. Check with a Financial Adviser Representative for details.

Conclusion

Singlife Cancer Cover Plus offers a robust solution for those seeking extra protection against the high costs of cancer treatments. By complementing your existing health insurance, it can significantly reduce your out-of-pocket expenses if you're diagnosed with cancer . The plan's high coverage limit, worldwide coverage, and inclusion of both CDL and non-CDL treatments make it a comprehensive option for cancer protection.

However, as with any insurance decision, it's crucial to carefully consider your personal needs, existing coverage, and financial situation before making a choice. While the plan offers substantial benefits, remember that it's specifically designed for cancer coverage and doesn't replace comprehensive health insurance.

Ready to boost your financial shield against cancer? Don't rely on just one perspective. Get expert insights tailored to your unique needs. Sign up now to receive 5 expert opinions on cancer coverage insurance. These professionals will review your specific situation and provide personalized recommendations, helping you make the most informed decision possible.

By consulting with multiple experts, you'll gain a comprehensive understanding of your options and ensure you're choosing the best coverage for your needs. Don't leave your protection to chance – get the expert advice you deserve today.

Get 5 Expert Opinions on Cancer Coverage Insurance

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Why people were suggested Singlife Cancer Cover Plus

Amanda
Amanda, 22
GenderFemale
Monthly Income$12,000
Insurance Types Suggested
  • Hospital
  • Personal Accident
  • Critical Illness
  • Disability
Why HSBC Life Shield Plan A bundled with Singlife Cancer Cover Plus was suggested:
This bundled plan is recommended as the top priority to provide comprehensive coverage for hospitalization and cancer treatment costs. The HSBC Life Shield Plan A covers hospitalization expenses, while the Singlife Cancer Cover Plus supplements it with additional coverage of up to $1.5 million per year for cancer treatments that may exceed the limits of the Shield plan. This is crucial given the recent changes to the Cancer Drug List, which could impact cancer treatment coverage.