Compare Critical Illness Plans
Get up to 5% cashback on your first year premium
Promo ends on 31 Dec 2022
5 Types of Critical Illness Plans
Cancer Cover
Women's Cover
Early-Stage Critical Illness
Late-Stage Critical Illness
Multi-Pay Critical Illness
Tell me more about
Critical Illness Plans
Critical Illness plans complement your Medical Cards as it pays out a lump sum and can be used to cover periods of unemployment during recovery or to purchase additional medical equipment or modifications to your home (eg installing a ramp).
Aim for a coverage level at about 5 years of your annual income to give you piece of mind during your recovery.
We have compared the 5 different types of critical illness plans in the market below.
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Cancer Cover |
Women's Cover |
Early-Stage Critical Illness Cover |
Late-Stage Critical Illness Cover |
Multi-Pay Critical Illness Cover |
| Description | ||||
|
Covers early to late-stage cancers.
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Covers female cancers and female organ removal procedure. Some plans provide additional coverage for pregnancies. |
Typically available as a rider on an Investment Linked plan. This type of rider covers you for early to intermediate-stage critical illnesses. |
Available as a rider to Investment-Linked plans or as a standalone plan. Available:
|
Pays out multiple times for different stages of critical illnesses as well as different critical illnesss groupings. |
| Promotion | ||||
| Up to 50% commission rebate | Up to 50% commission rebate | Up to 50% commission rebate | Up to 50% commission rebate | Up to 50% commission rebate |
Here are some common questions about Critical Illness plans
1. Should I apply for my Critical Illness cover now or wait till I am older and more likely to get struck by Critical Illness?
Our advice is that you get your Critical Illness Insurance cover as soon as possible. As you get older, there is a high chance that you would develop medical conditions. Even if these medical conditions are not classified as "critical illness", it may mean that insurer would not be willing to offer you any cover at that time.
2. Which critical illness plan is right for me?
It is really a balance of the premium that you have to pay and the peace of mind that you get with a more comprehensive cover. If you are younger, we recommend that you consider getting more comprehensive plans as the premium rates are still affordable. If you are older and you have a lower budget, then consider the cancer plans or late-stage critical illness plans.
3. Are the premium rates guaranteed?
Generally, the premium rates for critical illness plans are not guaranteed.
4. Do I need to go for a medical examination if I apply for Critical Illness Insurance?
Unless otherwise stated, you may need to go for a medical examination. Note that we do have plans that do not require you to go for a medical examination. Check out our online comparison.
InsureDIY Sdn Bhd is a financial adviser licensed by BNM and is authorised to distribute insurance in Malaysia.
