lifeinsurance

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3 Things To Know About Cancer Critical Illness
Insurance
Studies show that cancer may affect 1 out of
every 4 people in Singapore at some point in
their life. Moreover, rare cancers make up for
25 of all the cases diagnosed in the country.
Cancer can affect anyone, irrespective of their
age. While Singapore has some of the worlds best
medical care facilities, the cost for accessing
these can be quite high. Health insurance can
cover you for your hospitalisation costs as well
as pre- and post-hospitalisation medical
expenses. But you may need more financial help to
cope with the many expenses that can arise after
you get diagnosed.
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How would you cope with these?

• The answer lies in cancer insurance. Leading
  insurance providers in Singapore offer
  cancer-specific critical illness insurance plans
  that are designed to adequately cover you if you
  are diagnosed with cancer. If you are hearing
  about the existence of these plans for the first
  time, you have come to the right place. This
  article will take you through 3 important things
  you need to know about cancer-specific critical
  illness insurance plans.

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Protection for all stages of cancer

• A cancer-specific critical illness insurance plan
  will offer you coverage for all stages of cancer.
  It will also cover you against all types of
  cancer, including the rarer forms. Cancer is a
  serious disease and requires a lot of care and
  treatment for proper recovery. These requirements
  can see you run up a high bill. With a
  cancer-specific insurance plan, you can get the
  care you need without concerning yourself about
  the cost.

4
Supplements health insurance

• Many people often wonder why they need a
  cancer-specific critical illness insurance plan 
  when they already have an Integrated Shield Plan 
  and MediShield Life. Cancer insurance is
  different because it pays you a lump sum that you
  can use for any expenses that you deem necessary.
  This payout can fill any gaps in your current
  health insurance policy for coverage that is
  truly holistic. You receive 100 lump sum under a
  valid claim and you may use this money for any
  expenses that arise due to your illness. For
  instance, if you have to keep a domestic worker
  at home to care for you, the payout can help you
  afford their salary.

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Wide scope of coverage

• Leading insurance providers offer cancer
  insurance plans that cover an individual from 1
  to 100 years of age. This kind of coverage is
  especially important for people who have a
  medical history of cancer in their family.
  Remember that cancer can strike at any age so, it
  is best to be prepared. Moreover, the sum assured
  under cancer critical illness insurance can go as
  high as S300,000. This amount will truly help
  you meet your financial responsibilities
  comfortably and focus on getting better.
• Thus, we see how beneficial the coverage from
  cancer insurance can be. Make sure to speak to an
  insurance consultant for further details on the
  exact coverage you need.

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• We hope this article has helped better your
  understanding of insurance. Take care
• you also find more interesting details on the
  site below
• Website https//www.prudential.com.sg/
• Facebook https//www.facebook.com/PrudentialSing
  apore/
• LinkedIn https//www.linkedin.com/company/pruden
  tial-assurance-company-singapore/
• Instagram https//www.instagram.com/prudentialsi
  ngapore/?hlen
• Youtube
• https//www.youtube.com/channel/UCWs_Qg2Rahok4kOR
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