Do critical illness plans give you the best protection against top critical illnesses like cancer?

Looking to get enough coverage to help you recover from cancer, a heart attack, or a stroke? Find out if there are cheaper alternatives to a regular critical illness plan — or how an additional cover for your critical illness plan may benefit you.

In Singapore— 90% of critical illness claims¹ relate to the following critical illnesses (CIs):

• Major Cancer
• Ischaemic Heart Disease
• Stroke

Of these, cancer remains the main cause of death. Between 2016 and 2018, it accounted for almost 30% of deaths in Singapore. The chronic disease is typically covered under CI plans — along with 36 other illnesses.

Are you looking to get sufficiently insured for the top critical illnesses, especially for all stages of cancer? Let’s take a look at a cost-efficient alternative without you having to bear the full cost of available critical illness plans in the market.

Read also: How do you stay prepared if critical illness strikes more than once?

Being protected against early-stage cancers + critical illness coverage: Are There Cheaper Alternatives?

With medical advancements, cancer can now be detected at its earlier stages. And, with earlier diagnosis, the chance of recovery is higher. For instance, while cancer rates in Singapore have increased over the years, so too have the survival rates. Between 2008 and 2012, the number of male and female cancer survivors rose by 48.5% and 57.1%, respectively.

With increased recovery rates, it is also important to consider the potential financial implications over the recovery period. For cancer, heart attack and stroke sufferers, this could mean up to a 40% loss in income.

Choosing a protection plan that offers you financial support for all stages of cancer, even for early stages, can provide you with additional peace of mind.

Critical illness cover can vary from insurer to insurer, with some only covering later stages of cancer. So, it’s important for you to understand the details of your protection plans.

An affordable option to consider can be FWD Big 3 Critical Illness insurance, which offers coverage for not just all stages of cancer, but also with two other common critical illnesses: heart attack and stroke. This plan costs as low as 1/3² the price of regular critical illness plans.

Read also: How much critical illness cover do I need?

FWD Big 3 Critical Illness Cover: Benefits to Know

FWD’s Big 3 Critical Illness offers coverage for the most common critical illnesses: cancer, heart attack and stroke. These 3 critical illnesses make up 90% of critical illness claims¹.

• A one-time full payout³ covering all stages of cancer, or in the event of a heart attack or stroke
• Available coverage for one year with a guaranteed option to renew up to age 85
• Get S$50,000 of coverage from as low as S$18/month⁴
• A death benefit lump sum of S$20,000
• Coverage options of S$100,000 and S$200,000 are available

You can also consider enhancing your FWD Big 3 Critical Illness cover with two available riders:

• Heart Disorders – which covers 13 surgical procedures⁵
• Neurological Disorders – which covers 11 surgical procedures⁵

Read also: Are you considering cancer insurance?

Can I Get Double-Insured for Cancer?

FWD Big 3 Critical Illness insurance can be bought⁶ in addition to an existing critical illness plan.

Choosing the right coverage for your protection needs requires careful planning and weighing what might give you the most assurance — so remember to learn more about your options before signing up for the first plan you see.

Get an FWD Big 3 Critical Illness insurance quote for financial protection that covers cancer, heart attack and stroke with a one-time full payout.