Income Complete Cancer Care 50/100
/5
Category
Type
Covers
Optional add-on Riders
Available Policy Term
Overview
- Competitively priced cancer-only plan
- Has a lenient ‘cancer-only’ health underwriting
- Comprehensive coverage providing financial support from early to terminal stage cancer
For Whom
Suitable For
Not Suitable For
For What Purpose?
Income replacement for dependants or self in case of:
There are two options for the plan:
- Care 50:
Pays a lump sum amount of 50% of the sum assured (min. $50,000 to max. $250,000) for early/intermediate cancer and 100% of the sum assured for late-stage cancer, less any amount paid out for early/intermediate-stage cancer - Care 100:
Pays 100% of the sum assured upon diagnosis of early, intermediate or late-stage cancer. ‘Monthly Cancer Therapy Benefit’ will also provide a monthly cash benefit of 0.5% (Care 50) or 1% (Care 100) of the sum assured for up to 24 months.
What are the Pros & Cons?
Pros
‘Guaranteed Post-Cancer Cover’ option allows the insured to purchase a new term policy, without any health underwriting upon diagnosis of a late-stage cancer
Premium waiver benefit of the plan covers insurance costs during work downtime while ensuring continuous coverage
‘Cancer-only’ underwriting allows individuals, who would otherwise be uninsurable, to obtain insurance as it has more lenient underwriting requirements than standard full health underwriting processes
Cons
Premium for the plan will increase upon renewal at the end of each 10-year term
What's the Cost?
| Age | Annual Premium (Male) | Annual Premium (Female) |
| 30 | $183 | $393 |
| 40 | $317 | $728 |
| 50 | $772 | $1238 |
- Pays $50,000 upon diagnosis of early/intermediate cancer, $100,000 for late-stage cancer,
- $500/month (up to 24 months) for ‘Monthly Cancer Therapy Benefit’
Things to Note
- It is advisable to use this plan as a supplementary option rather than as your main coverage for critical illness. We suggest having a critical illness plan that covers all 37 standard critical illnesses. This will provide you with protection against a wider range of severe health conditions, not just cancer.
- You can buy and manage online (with Income), without an adviser or agent.
Disclaimer: This publication has not been reviewed by the Monetary Authority of Singapore. The information contained herein does not have any regard to the specific investment objective(s), financial situation or particular needs of any individual. Buying insurance is a long-term commitment and should be based on your unique needs and the suitability of the products. It is advisable to seek advice from a financial adviser to assess your needs and guide you on the features and details of the products before making any financial decisions. The coverage, benefits, premiums, and terms of insurance policies may vary depending on individual circumstances and insurance providers. Individuals are encouraged to review their own insurance needs and policies and seek advice tailored to their specific situation. While every reasonable care is taken to ensure the accuracy of the information provided, no responsibility can be accepted for any loss or inconvenience caused by any error or omission.
Need More Guidance? Get Started here
There are some insurances that can be conveniently purchased online, allowing you to get started quickly and easily. However, If you need assistance from an adviser, we can refer you too our partner, iFAST.
