Any reviews on Manulife ReadyCompleteCare (Cover Me Again) vs Aviva MultiPay?

Hi anon,

Both plans work very differently in terms of structure. I will dissect the key points briefly for you, as it is always better to speak face to face with an independent financial advisor for greater detail/illustrations.

Manulife RCC key takeaways:

• Pays your sum assured (SA) on each claim, and if it is a major CI, there is an additional 200% of your SA (One off payment)
• Additional 2 x 100% SA on recurring cancer (One off payment)
• Waiting period of 12 months to restore your coverage back to 100%, up to 5x of your SA

Aviva MP Key takeaways

• 2 x 100% of your SA on early or intermediate critical illness as the first layer, no waiting period provide the 2 claims are not of the same group (they have grouped CIs into 3 'pots')
• 300% of your SA upon major CI, provided the first layer was not paid. If not, they will reduce the amount accordingly.
• First time or recurrent Major Cancer/Heart Attack/Stroke: Additional 150% SA, up to 2 times, with a 2 year waiting period, as the 3rd and 4th layer.
• Once layer 2 is claimed, all future premiums waived.

I would recommend that you fully understand the combinations of the payout structure in order to decide which plan you prefer.

If you have further questions, feel free to reply to this post.

https://www.businesstimes.com.sg/opinion/naviga...

You can also speak to Independent Financial Advisors like myself for neutral and non biased analysis between the 2 plans.

I personally prefer Aviva's policy and own one for myself and my gf. A closer competitor would be Tokio Marine's Multicare plan.