facebookAre we looking a cheaper critical illness plan after the change in definition in august? - Seedly

Advertisement

Anonymous

28 Jul 2020

Insurance

Are we looking a cheaper critical illness plan after the change in definition in august?

Discussion (3)

What are your thoughts?

Learn how to style your text

Pang Zhe Liang

28 Jul 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

Generally, the purpose of the update in the definitions is to bring clarity to the terms for payout. In other words, pricing isn't one of the discussed topic in this update. Hence, there won't be a drastic difference in the new pricing model.

More Info: Critical Illness Definition Changes Singapore: Clarity comes with a Cost!

I share quality content on estate planning and financial planning here.

Hariz Arthur Maloy

26 Jul 2020

Independent Financial Advisor at Promiseland Independent

As of writing CI rates aren't changing after the new LIA framework in August. I've already seen the ...

Write your thoughts

Advertisement