How rare is claiming critical illness insurance for children? Any statistics?

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Yixiong Chang

17 Feb 2019

Just look at the premium compared to other age groups. That will give u an idea how 'rare' it is.

It will be hard to find statistic for all the 'critical illnesses', not even to mention claims experience from any of the insurers. If u want more narrow stats like children cancer, it will be easier.

According to KKH, Children (under 15yo) makes up about 1% of all cancer cases in Singapore, about 90-100 new cases are detected each year.

The cancers for children being:

Leukaemia 35%
Brain tumour 20%
Lymphoma 10%
Eye tumour 7%
Kidney tumour 6%
Adrenal tumour 5%
Bone tumour 5%
Germ cell tumour 5%

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How can we tell if insurance claim is denied? What is the purpose of buying policies to cover for critical illness, if insurers reject the claims when you do have a critical illness?

I’m confused is all standalone critical illness plan now a multi claim only? Single claim ci cannot be a standalone as they need to lump tgt with term insurance and tpd??

If I get disabled due to infectious disease or personal accident / critical illness, can I claim from both disability income insurance & PA/CI?

How complicated is the claims process for critical illness insurance?

Understand the premium is quite steep for critical illness insurance that covers early to late-stage critical illness. Any merits for getting these types of insurance? If not, any alternatives?

How can we tell if insurance claim is denied? What is the purpose of buying policies to cover for critical illness, if insurers reject the claims when you do have a critical illness?

I’m confused is all standalone critical illness plan now a multi claim only? Single claim ci cannot be a standalone as they need to lump tgt with term insurance and tpd??

If I get disabled due to infectious disease or personal accident / critical illness, can I claim from both disability income insurance & PA/CI?

How complicated is the claims process for critical illness insurance?

Understand the premium is quite steep for critical illness insurance that covers early to late-stage critical illness. Any merits for getting these types of insurance? If not, any alternatives?