A critical illness plan gives you a lump sum payout when you are diagnosed with a critical illness, such as cancer, heart attack and stroke. This benefit payout can be used in any way you want, including to pay for your living expenses if you decide to stop work and focus on recovery.
If you are a parent with young children or are supporting your own aged parents, it is particularly important to have critical illness coverage as the benefit payout can be used to support your dependents.
A critical illness plan can also help to fill in the gaps left by MediShield Life and other hospitalisation insurance plans.
Use our critical illness calculator to find out how much critical illness coverage you need today.