, Singapore
303 views
Photo by National Cancer Institute from Unsplash

FWD Singapore introduces standalone cancer plan offering 100% payout

The plan offers a 100% lump-sum payout of the insured amount to customers diagnosed with major cancer.

FWD Singapore has introduced FWD Cancer 100 insurance, a comprehensive standalone cancer plan designed to cover cancer treatments outside the approved Cancer Drug List (CDL). 

To enhance their cancer care services, FWD Singapore has partnered with Icon Cancer Centre, ensuring customers receive holistic and evidence-based care throughout their treatment journey, supported by the financial means provided by FWD Cancer 100.

The plan offers a 100% lump-sum payout of the insured amount to customers diagnosed with major cancer and undergoing treatments beyond the CDL.

The Ministry of Health (MOH) implemented changes to cancer drug treatment financing for integrated shield plans (IPs) on 1 April, limiting coverage to treatments listed on the government-approved CDL. 

ALSO READ: FWD Malaysia names Aman Chowla as new CEO of life insurance arm

FWD Cancer 100 addresses this limitation by providing financial freedom for customers to choose the treatment that suits them best, even if it's not on the CDL. The plan is accessible online, and customers can seek advice from over 3,000 independent financial advisers.

The plan also offers complimentary medical second opinion consultations and pays for cancer consultations and treatments, up to S$6,000, without reducing the sum insured. 

This allows individuals to make informed decisions and seek necessary treatments without worrying about compromising their insurance coverage.

Follow the link for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

APAC emerges as leader in renewables insurance
RE is projected to account for 45% of global electricity generation by 2030.
Insurance
IFRC-DREF triggers insurance payout after disaster relief demands exceed threshold
The policy provides up to $16.92m in coverage.The International Federation of Red Cross and Red Crescent Societies' Disaster Response Emergency Fund (IFRC-DREF) has triggered its first-ever insurance payout after disaster relief demands exceeded its deductible threshold. 
Insurance