Multi-claim Critical Illness Plan Series 1.1 by SingLife seems cheaper than the other companies. What are the gaps?

Hi there. In my opinion SingLife's CI plans are pretty competitive and relevant. Here are my observations:

Pros

• Customisable and flexible

• Able to increase coverage as one ages

Cons

• The multiple payout amounts are not as comprehensive as other insurers

• The combinations of base plan, riders and boosting supplementary benefits can be too confusing

SingLife is a relatively new entrant to the market, and there has not been much claims experience from both consumer and company ends. Overall, my recommendation will still be to look at the more established players in the market as the premium differences are not significant enough to justify the above cons.

You can message me here to find out more. I cover 9 major insurers including Aviva.​​​