facebookTrying to figure out if I should pay extra for critical illness coverage or just rely on savings. How do you decide? - Seedly

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Shirley

06 Jan 2026

Insurance

Trying to figure out if I should pay extra for critical illness coverage or just rely on savings. How do you decide?

Discussion (12)

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Edward Chong

31 Jan 2026

Full time business research fellow at NUS

WeeLi

12 Jan 2026

Financial Consultant at GEN Financial Advisory

A common rule of thumb for financial planning is around 5× annual income for CI coverage, as many cancer outcomes and remission are often over a 5-year horizon.

Depends on your needs, financial situations, priorities etc ...

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