Term Life

Complete Critical Protect: Comprehensive Coverage for Life's Unexpected Turns

Did you know that critical illnesses like cancer, heart attack, and stroke are among the top 10 reasons for hospitalization in Singapore ? Even more sobering, these conditions are also leading causes of death. With medical treatments becoming increasingly expensive, it's crucial to have a safety net that protects you financially when you need it most. That's where Complete Critical Protect comes in.

Insurance Calculator

Find the right coverage in minutes

  • Accurate coverage estimates
  • Save time with instant results
  • Personalized recommendations

What is Complete Critical Protect?

Complete Critical Protect is a term life insurance plan offered by Income Insurance that provides comprehensive coverage against dread diseases (DD) from diagnosis to recovery . It's designed to offer financial support throughout your journey with a critical illness, allowing you to focus on treatment and recovery without the added stress of financial burden.

Key Features That Set Complete Critical Protect Apart

Comprehensive Coverage

Protects against 158 conditions across various stages of dread disease .

Multiple Payouts

Up to 10 times the sum assured for different stages and conditions.

Two Coverage Options

Choose between Protect 100 and Protect Max to suit your needs.

Recurrent Conditions Coverage

With Protect Max, you're covered for persistent conditions like major cancer, recurrent heart attack, and recurrent stroke .

Vital Function Protection

Covers impairments to your heart, lungs, and kidneys .

Special Benefit

Includes coverage for benign tumors and borderline malignant tumors .

Guaranteed Post-DD Cover Option

First in Singapore to offer the option to purchase a new term plan after an advanced stage diagnosis.

Therapy Support Benefit

Extra coverage for cell, tissue, gene therapy, and proton beam therapy .

Why compare Complete Critical Protect with other Term Life options through Whatins?

Traditional Approach

  • Limited term length options from one insurer
  • May push longer terms than needed

Whatins Advantage

  • Compare term lengths across multiple insurers
  • See how different term life insurance periods affect premiums
  • Understand renewal options across insurers
  • See competing term length justifications and determine which one is best for you

In summary: If you want more control and multiple suggestions, then Whatins is the way to go.

Coverage Options Explained

Both options also include:

  • Special Benefit: 20-30% of sum assured for specific conditions
  • Juvenile Benefit: 20% of sum assured for conditions diagnosed before age 18
  • Critical Impact Benefit: 20% of sum assured for extended ICU stays
  • Therapy Support Benefit: 20% of sum assured for specific therapies
  • Death Benefit: $10,000

Protect 100

  • Pays 100% of sum assured for early, intermediate, and advanced stage dread diseases

  • One-time payout for dread disease or vital function impairment

  • Total payout capped at 100% of sum assured

Protect Max

  • Pays 100% for early and intermediate stages, 200% for advanced stage dread diseases

  • Multiple payouts allowed (up to 10 times sum assured)

  • Includes Recurrent Benefit for persistent conditions

  • Total payout capped at 1000% of sum assured

How Much Coverage Can You Get?

The amount of coverage depends on the plan you choose and your sum assured. For example, if you choose a sum assured of $100,000:

Protect 100:

  • Maximum payout: $100,000 (100% of sum assured)

Protect Max:

  • Maximum payout: $1,000,000 (1000% of sum assured)

It's important to note that there's a cap of $3.6 million on total benefits across all policies for each insured person.

Real-Life Scenario

Let's look at how Complete Critical Protect might work in practice:

John, a 30-year-old non-smoker, signs up for Complete Critical Protect with Protect Max option and a sum assured of $100,000. His monthly premium is $117.

  • At age 35, John is diagnosed with early-stage lymphoma and receives $100,000 (Dread Disease Benefit).
  • At age 38, John suffers a heart impairment and receives $200,000 (Vital Function Benefit). He also exercises the Guaranteed Post-DD Cover Option to purchase additional coverage.
  • At age 39, John is diagnosed with advanced-stage lymphoma and undergoes cell therapy. He receives $100,000 (Dread Disease Benefit) and $20,000 (Therapy Support Benefit).
  • At age 41, John's lymphoma persists, and he receives another $100,000 (Recurrent Benefit).
  • At age 58, John is diagnosed with severe dementia and receives $200,000 (Dread Disease Benefit).

In total, John receives $720,000 in payouts from his Complete Critical Protect policy.

Pros and Cons

Pros

  • Comprehensive coverage for a wide range of conditions

  • Multiple payouts possible with Protect Max option

  • Coverage for recurrent conditions

  • Unique benefits like Guaranteed Post-DD Cover Option

  • Flexible policy terms (up to age 64, 74, 84, or 100)

Cons

  • Premiums may be higher compared to basic critical illness plans

  • 90-day waiting period for certain conditions

  • Some benefits have claim limits or can only be claimed once

Frequently Asked Questions

Is there a waiting period?

Yes, there's a 90-day waiting period for certain conditions from the policy start date.

Can I claim multiple times?

With Protect Max, you can claim multiple times up to 1000% of your sum assured. Protect 100 allows only one major claim.

What's not covered?

Pre-existing conditions and certain exclusions apply. Always check the policy document for full details.

Can I change my coverage option later?

It's best to discuss any changes with your insurance advisor, as options may be limited after the policy starts.

How does the Guaranteed Post-DD Cover Option work?

After an advanced stage diagnosis, you can purchase a new term plan covering death and terminal illness without a new health assessment.

Conclusion

Complete Critical Protect offers a comprehensive safety net against the financial impact of critical illnesses . With its multiple payout structure and unique benefits like the Guaranteed Post-DD Cover Option, it provides protection that goes beyond a one-time payout. However, as with any insurance decision, it's crucial to carefully consider your personal needs, financial situation, and long-term goals.

Remember, the best insurance plan is one that fits your specific circumstances and gives you peace of mind. While Complete Critical Protect offers extensive coverage, it's essential to compare it with other options and consult with a financial advisor to ensure it aligns with your overall financial plan.

Ready to explore your critical illness coverage options further? Don't rely on just one perspective. Get expert insights tailored to your unique situation. Sign up now to receive 5 expert opinions on critical illness insurance. These professionals will review your specific needs and provide personalized recommendations, helping you make the most informed decision possible.

Click here to get 5 expert opinions on critical illness insurance

By consulting with multiple experts, you'll gain a comprehensive understanding of your options and ensure you're choosing the best coverage for your needs. Don't leave your financial future to chance – get the expert advice you deserve today.

Get 5 Expert Opinions on Critical Illness Insurance