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Anonymous
Recently I received a call from AIG on their CI plan that covers 30 CI (which they claim is same as the 37 on LIA but recategorised within these 30). A payout of $100k for monthly premium of $19 for 29yo male non-smoker. The premium will increase as each age bracket goes but they're unable to share the premiums table. So wanted to ask,
Happy to discuss!
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Anonymous Poster
17 Jan 2024
Thanks Elijah for your candid and open sharing!
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Elijah Lee
16 Jan 2024
Senior Financial Services Manager at Phillip Securities (Jurong East)
Hi anon,
Broadly speaking CI premiums are level but not guaranteed.
For renewable CI plans l...
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You can get a personalised quote which includes an insurance premium table through this link, which will also provide a more thorough comparison between the different critical illness (CI) plans available.
There are a few major considerations that come with selecting a CI plan. Firstly, most critical illness plans in SG cover the 37 (or restructured into 30) illnesses you mentioned in a term plan. You can add this coverage onto a whole life plan. Secondly, another consideration is the type of CI coverage: critical illness plans or early critical illness plans. Early critical illness plans offer coverage for illnesses diagnosed at an early stage, while critical illness plans only cover illnesses in their later stages. The article linked above will also provide a more thorough comparison between the different critical illness (CI) plans available.