When you’re young and healthy, it’s easy to think that you’ll always stay that way. While that might be the case if you’re lucky, did you know that almost 1 in every 4 people in Singapore develop cancer in their lifetime, or that almost one-third of all deaths in Singapore is due to heart disease or stroke? In the unfortunate event of a critical illness diagnosis, critical illness (CI) insurance will be your biggest helping hand. It can cover your treatment costs, your lost income, and much more, allowing you to focus fully on the process of recovery without the pressure of other unnecessary concerns weighing you down. Critical Illness Insurance vs Life Insurance Do you really need critical illness insurance if you already have a life insurance policy? In most cases, yes, you do. Both critical illness and life insurance might seem similar on the surface, but they serve fundamentally different purposes....