Critical Illness

Singlife Essential Critical Illness: Comprehensive Protection for Your Health Journey

In today's world, health concerns are more prevalent than ever. Did you know that 1 in 3 Singaporeans have high blood pressure, and 1 in 10 are diabetic ? Even more alarming, 50% of heart attack patients have diabetes, and 43 people are diagnosed with cancer daily in Singapore . These statistics highlight the importance of having robust critical illness coverage. If you're looking for a plan that offers protection even with pre-existing conditions, Singlife Essential Critical Illness might be the solution you've been searching for.

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What is Singlife Essential Critical Illness?

Singlife Essential Critical Illness is a comprehensive critical illness plan designed to provide financial protection against a wide range of severe health conditions . What sets it apart is its inclusivity - it offers coverage even to those with certain pre-existing health conditions, making it a unique option in the insurance market.

Key Features That Make Singlife Essential Critical Illness Stand Out

Coverage with Pre-existing Conditions

Covers individuals with Type 2 Diabetes, Pre-diabetes, high blood pressure, high cholesterol, or high Body Mass Index

Flexible Coverage Term

Choose a policy term that suits your needs, from 15 years up to age 85

Easy Application Process

Just 6 questions to answer. No medical check-up required for most applicants

Additional Support for Diabetic Conditions

Extra 20% of Sum Assured payout for 4 specific diabetic conditions

Early Payout for Heart Procedures

10% of Sum Assured (up to S$25,000) for Angioplasty & Other Invasive Treatments For Coronary Artery

Lump-sum Payout

Receive a lump sum upon diagnosis of a covered Critical Illness, Total and Permanent Disability, Terminal Illness, or death

No Claim Reward

Get back 20% of total premiums paid if no claims are made during the coverage period

Why compare Singlife Essential Critical Illness with other Critical Illness options through Whatins?

Traditional Approach

  • Limited visibility into critical illness definitions
  • Single insurer's critical illness criteria
  • May miss important coverage distinctions

Whatins Advantage

  • Compare critical illness definitions across insurers
  • Understand early, intermediate, and late stage differences
  • See how different critical illness plans complement each other
  • Compare exclusions and waiting periods

What Does Singlife Essential Critical Illness Cover?

This plan covers a comprehensive list of health conditions:

14 Critical Illnesses

  • Major Cancer

  • Heart Attack of Specified Severity

  • Stroke with Permanent Neurological Deficit

  • Blindness (Irreversible Loss of Sight)

  • Coronary Artery By-pass Surgery

  • End Stage Kidney Failure

  • Other Serious Coronary Artery Disease

  • End Stage Lung Disease

  • Irreversible Loss of Speech

  • Major Burns

  • Deafness (Irreversible Loss of Hearing)

  • Major Head Trauma

  • Severe Bacterial Meningitis

  • Angioplasty & Other Invasive Treatment For Coronary Artery

4 Diabetic Conditions

  • Coma due to Hyperosmolar Hyperglycemic State (HHS)

  • Limb Amputation due to Diabetic Complications

  • Diabetic Nephropathy

  • Diabetic Ketoacidosis

How Does It Work in Real Life?

These examples illustrate how the plan can benefit both those who need to make claims and those who stay healthy throughout the policy term.

Example 1: Jeff, 35 years old with Type 2 Diabetes

  • Chooses S$100,000 coverage for 45 years - Monthly premium: S$120.30br>br>Jeff's journey:br>- At age 42: Undergoes leg amputation due to diabetes. Receives S$20,000 lump-sum payout.br>- At age 50: Undergoes angioplasty. Receives S$10,000 lump-sum payout.br>- At age 68: Suffers a heart attack. Receives S$90,000 lump-sum payout.br>br>b>Total benefit received: S$120,000

Example 2: Connie, 45 years old with high BMI and elevated blood glucose

  • Chooses S$150,000 coverage for 30 yearsbr>- Monthly premium: S$220.55br>br>Connie's journey:br>- Makes no claims throughout the policy termbr>- At age 75: Receives No Claim Reward of S$15,879.60 (20% of total premiums paid)

How Much Does It Cost?

The cost of Singlife Essential Critical Illness depends on various factors, including:

  • Your agebr>- Your health conditionbr>- The coverage amount you choosebr>- The policy term you select

For example:

  • Jeff (35 years old, Type 2 Diabetes): S$120.30 per month for S$100,000 coverage over 45 yearsbr>- Connie (45 years old, high BMI): S$220.55 per month for S$150,000 coverage over 30 years

It's important to note that premiums are customized based on your existing health conditions, and you'll know the exact cost upfront.

Pros and Cons

Pros

  • Covers individuals with certain pre-existing conditions

  • Comprehensive coverage for critical illnesses and diabetic conditions

  • Flexible policy terms

  • Easy application process

  • Additional payouts for specific conditions

  • No Claim Reward

Cons

  • Premiums may be higher for those with pre-existing conditions

  • Coverage amount may be reduced after certain claims

  • Not all pre-existing conditions may be covered

Frequently Asked Questions

Can I get this plan if I have other pre-existing conditions not mentioned?

You should discuss your specific health conditions with a Singlife representative to determine eligibility.

How does the No Claim Reward work?

If you don't make any claims during your policy term, you'll receive 20% of your total premiums paid at the end of the term.

Can I change my coverage amount later?

You should check with Singlife about options for adjusting your coverage after purchase.

What happens if I'm diagnosed with multiple conditions?

The plan will pay out based on the conditions diagnosed, subject to the overall Sum Assured and specific benefit limits.

Is there an age limit for applying?

While the brochure doesn't specify an upper age limit, it's best to check with a Singlife representative for specific age restrictions.

Conclusion

Singlife Essential Critical Illness offers a unique proposition in the critical illness insurance market. By providing coverage even to those with certain pre-existing conditions, it fills a crucial gap for many Singaporeans who might otherwise struggle to find comprehensive protection. Its flexible terms, easy application process, and additional benefits make it an attractive option for those looking to safeguard their financial future against the impact of critical illnesses.

However, as with any insurance decision, it's important to carefully consider your personal health situation, financial goals, and risk tolerance before making a choice. While this plan offers many benefits, it's crucial to understand the specific terms, conditions, and exclusions that may apply to your situation.

Ready to explore your critical illness coverage options further? Don't rely on just one perspective. Get expert insights tailored to your unique health profile and needs. Sign up now to receive 5 expert opinions on critical illness insurance that covers pre-existing conditions. These professionals will review your specific situation and provide personalized recommendations, helping you make the most informed decision possible.

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