Health insurance
Four in five critical illness survivors dip into retirement savings
Four in five critical illness survivors dip into retirement savings
Caregivers reported average recovery spending of $4,922 each month.
FWD launches MultiCover CI as cancer survival reaches 61%
Mortality declined to 72 deaths per 100,000 people during 2019 to 2023.
Zurich sells critical illness cover through Shopee
Eligible customers receive the Basic option free for the first month during the campaign.
Singapore's 16.9% medical inflation tests healthcare financing model
SGH and Cigna say co-payments and insurer collaboration are needed to keep Singapore's healthcare costs sustainable.
Insurers expand beyond protection into wealth planning
Only 41% of consumers own life insurance.
AIA Singapore turns 95, launches new illness plan
The new plan was introduced as part of the insurer’s 95th anniversary.
1 in 5 Singaporeans want coverage with digital mental health tools
Only 60% view AI mental health tools positively, lagging physical and financial services.
Singapore insurers win 96% of health claim battles
Parliamentary reply shows only 4% of policyholders succeed in disputes.
Singlife boosts insurance for MINDEF and MHA servicemen
The company has provided coverage for servicemen since 1983.
Prudential Care360 includes surgery, ICU, and infectious disease cover
The plan also offers daily income payouts when the policyholder is hospitalised.
Manulife unveils plans with up to 400% critical illness payouts
One of its plans covers 126 critical illnesses and conditions.
36% of Singaporeans opt for extra coverage beyond work insurance
However, 90% of Singaporeans already own medical insurance.
MSIG taps Inova Care for health portfolio management
The partnership aims to address the country’s double-digit medical inflation.
Personal accident, health insurance market to exceed $8.5b by 2029
In 2024, PA&H insurance growth is forecast at 8.9%.
Manulife SG unveils two industry-first collaboration for cancer care, gut health
It will offer liquid biopsy for cancer care and gut health screening.
AIA Singapore, Whitecoat expand partnership to address healthcare affordability
Medical costs in Singapore are set to rise nearly 10.7% in 2024.
MSIG launches new health policy CriticalCare Plus
This covers Parkinson’s and Alzheimer's, among other CIs
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