How critical insurance policy can save from financial destruction

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A critical illness can strike anyone. While it’s true that it’s more likely to affect those in middle age or the elderly, it’s essential to take precautionary steps. Lead a healthy lifestyle, follow a disciplined exercise regimen, and don’t miss your health check-ups.

Doing these things can reduce the chances of contracting a serious disease. It can’t eliminate them.

It’s a hard truth that cancer and heart disease are on the rise in Singapore. Treatment can take months, and it’s expensive. But you can prepare by buying a critical illness insurance policy. A relatively small investment in the yearly insurance premium could save you hundreds of thousands of dollars.

Foot Notes

¹ Life Insurance Singapore’s Standard Definitions For Severe Stage Of 37 Critical Illnesses: Version 2019

² Life Insurance Association Singapore – 2017 Protection Gap Study – Singapore

³ National Cancer Centre Singapore – Cancer Statistics

⁴ World Health Organization – International Agency for Research on Cancer

⁵ Singapore’s Approaching Tsunami of Cardiovascular Disease

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