Insurance
How Much Early Critical Illness Insurance (ECI) Coverage Do You Need in Singapore?
By Singapore Financial Planners  •  May 19, 2023
Are you worried about the financial impact of an early critical illness diagnosis? You’re not alone. Many people in Singapore are concerned about how they would cover the costs of treatment and recovery if they were to fall seriously ill. One way to protect yourself financially is with early critical illness insurance policy. This type of insurance pays out a lump sum if you are diagnosed with a covered condition, which you can use to pay for medical bills, living expenses, or anything else you need. But how much coverage do you actually need? This article will explore the factors you should consider when deciding how much early critical illness cover to buy in Singapore. With the right amount of coverage, you can have peace of mind knowing you’re financially prepared for any health challenges that come your way. Keep reading.

What is the difference between an early critical illness plan and a critical illness plan?

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By Singapore Financial Planners
We believe in the power of financial literacy. It’s unfortunate that schools do not provide crucial life lessons like financial planning. Thus, we created Singapore Financial Planners to create a space where we provide financial education so that you can make an informed decision.
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