Critical illness coverage provides a lump-sum payout when the insured person is diagnosed with a covered critical illness. In Singapore, this payout can help replace income, support household expenses, cover recovery-related costs, and reduce the need to draw down savings during treatment. A critical illness diagnosis can affect more than health. It can disrupt income, strain savings, and create unexpected expenses at a time when recovery should remain the priority. This is why many Singaporeans ask whether S$1 million of critical illness coverage is too much. The right amount is not defined by a single figure. It depends on annual income, monthly commitments, dependants, outstanding debts, existing insurance coverage, and the expected length of recovery. For some individuals, S$1 million may be more than sufficient. For others, especially higher-income earners, sole breadwinners, or people with significant long-term financial commitments, S$1 million may be appropriate or even insufficient....