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Anonymous

02 Apr 2022

∙

Questions to ask ourselves on Early Critical Illness Coverage

What are the questions to ask if we are deciding if we should get multipay stand alone, term with multipay or term with ECI? I already have late-stage CI.
Is there a comparison chart of the various multipay stand alone, term with multipay and term with ECI?

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Elijah Lee

04 Apr 2022

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi anon,

Sorry to be the bearer of bad news, but I note that you mentioned that you have cysts, it is very likely that the area that has cysts will have exclusions imposed (e.g. if it is a breast cyst, you will have exclusions for breast cancer coverage). I personally have yet to see a cyst that did not lead to an exclusion of some sort.

The only plan I know of that has coverage even if the person has cysts (and even then, only for 3 speciifc areas) is a WL plan, but that is probably not what you are looking for.

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