Critical Illness

Hi anon,

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Just going to be brief here: I feel Aviva's MPCI is a good plan, and $100K SA will be $300K in the event of a late CI; I guess your main worry seems to be the ease of claim which ties in to the definition of the CI, as well as the claims process and the Doctor's statement.

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What I can say for sure is that if you meet the medical definition of the CI as laid out by the policy, there should be no reason that the claim is denied. Hopefully that will allay some of your doubts/fears. This applies to any insurer. A valid claim should not be denied.

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As for the other points you put forth; between Manu RCC and TM MC, TM will pay $300K in the event of late CI, but RCC pays it only for 6 specified late CI. Both have a relapse benefit for cancer though. I wouldn't worry about the stability of TM, insurers operate under very strict guidelines/regulations laid forth by MAS

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AXA Super Criticare is very cheap, in fact, by far the cheapest typically, but my main concern is that in a late CI, it only pays 100% of your SA. Usually in late CI you'll probably need more financial resources. So it doesn't quite cut it for me.

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None of this is meant to be advice as I don't know your specific situation, I am just stating my own opinion. Personally if I were in the market for a Multipay plan, SingLife/Aviva's offering stands out to me, assuming I don't have one already. The key thing to note is that you have one already, and thus adding on another becomes a bit more complex (since there are more variables to consider).

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There's nothing wrong with adding on a bit more of MPCI IV again, but you might just want a lower sum assured and till an earlier age; exact parameters will depend on your needs. This is assuming you end up coming to that decision in the end.

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I'd suggest speaking with an independent advisor if you need tailored advice. Good luck!