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

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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!

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Aaron Leow

26 Jul 2020

Short answer, no.

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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 ...

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I am a 27 years old male here looking for a critical illness insurance before its definition changes after 26th Aug 2020. Can you give some good plans to consider?

Is the change to the critical illness definition after 26 August 2020 good or bad?

I am looking for Critical illness plan which would covered me from early critical illness and major cancer with affordable premium cost. Can anyone of you provide me the list which I could consider?