Critical Illness insurance pays a lump sum either when you are first diagnosed with a critical illness (as defined the policy), or after having a type of surgery covered by the policy. The payout from the policy money is tax free and can be used in any way you like. When you take out a policy you can decide how long the term of your coverage (policy) will be and the sum assured. If you have any questions, let us know and our Life Insurance expert will answer any questions that you have. Everybody is different and at Expat Insurance, we’ll work with you to design a plan that suits your circumstances.
The types of critical illnesses covered vary from one insurer to another. But most major illnesses and types of surgery are covered by almost all policies.
The cost of Critical Illness coverage will depend on your age and medical history. Speak to us today and our dedicated Life Insurance consultant will work with you directly to tailor a critical illness insurance package that is relevant to you.
Treatment and lifestyle costs are expensive here in Singapore, so start having a conversation about how much it will cost you and your family if the breadwinner is unable to work while they are having treatment and recovering is a very worthwhile chat to have. If you have any further questions about this, leave your details here and we would be happy to get back to you.
If you are unsure as to what will happen if your family’s main source of incomes fall sick, give us a call on +65 6439 8029. You can also leave your details below and we will get tin touch as soon as possible.
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