Anonymous

27 Jul 2022

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Do we need to have equal amount of Early Stage Critical Illness and Critical Illness?

Hi,

Do we need to have the same amount cover for both Early Stage Critical Illness and Critical Illness?

Understand the calculation for CI to be covered is as followed:

5 x Annual Income = Critical Illness Coverage

How about Early Stage Critical Illness is there any formula that I can followed?

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Just_Saying

02 Aug 2022

Using annual Income is not a good basis for estimating the coverage needed. Using annual expense will be a better gauage.

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Andy Chan

27 Jul 2022

Hello. I think for ECI it's typically 1-2 years of your AI as you typically recover faster from it.

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