Singlife launches critical illness plan with high recurrent payouts

It covers 135 critical illness conditions at early, intermediate, and severe stages.

Singlife has launched a new critical illness plan that offers one of the highest payouts for recurrent conditions in the market.

The Singlife Multipay Critical Illness II plan provides a payout of 150% of the sum assured for each recurrent claim, up to a maximum of 300%. 

It covers 135 critical illness conditions at early, intermediate, and severe stages, with multiple payouts of up to 900% of the sum assured across different illnesses.

Policyholders diagnosed with a severe stage critical illness will have all future premiums waived. 

They can also choose the Advance Care Option, which converts the recurrent critical illness benefit into an additional lump sum payout of 75% of the sum assured.

The plan is available as a standalone product with death coverage or as a rider to selected Singlife term plans.