Hi Seedly Community, Does young working adult really need Critical Illness / Early Critical Illness insurance ?

To my understanding, CI is "critical" so you may not be able to work. As such, you need something to replace your income if you have expenses and liabilities and/or dependents. I get CI coverage now because:

1. Expecting liabilities and/or dependents within the next 3 years

2. Total premiums are much cheaper while young

3. Get it over and be done with it... one policy is generally more affordable than two policies unless you really want that standalone CI policy (mine is CI rider)

Hospitalisation plan (cover bill) and CI coverage (income replacement) serve different purposes, so no overlap.

I didn't opt for ECI because it's too expensive for me.