Critical illness can strike anyone at any time, and it can have a devastating impact on your life and finances. While we all hope we never have to face a serious illness, it’s important to be prepared for the worst-case scenario. Investing in critical illness coverage is one of the best ways to protect yourself and your loved ones. If you’re considering purchasing critical illness coverage in Singapore, you may wonder how much coverage you need. The answer to this question depends on various factors, including your age, health, and lifestyle. In this article, we’ll take a closer look at critical illness coverage and help you determine how much coverage is right for you.

Why is critical illness insurance necessary?

Critical illness insurance is necessary in Singapore because it provides financial protection for individuals and families in the event of a serious illness. In Singapore, the cost of medical treatment can be high, and...