Yes, We Pay!

An article on critical illness claims on Today's Wed 11 March Issue talks about critical illness claims. It says a doctor was infuriated that his patient was unable to claim on grounds that the cancer had not spread.

It's common among insurers that critical illness is only payable when it reaches stage 3. So for those who think that owning only a critical illness plan is sufficient (that is if the sum assured is even good enough) - think again.

Before you hit stage 3, there will be loads of treatment done to prevent it from reaching later stage. If there's no good medical plan and income replacement plan in place, you'd better have deep pockets for paying for the treatment. And with good luck, the illness is gone, the claim is not triggered - you'd have paid for everything out of your own pockets.

Not saying that everyone will get it (touchwood), but if you are so sure that you won't get it, why even bother to get "a little just in case?".

In an attempt to magnify the wording.... but it doesn't seem to work very well...

Quoted from the text:
" The exception: A Great Eastern spokeswoman who said this was “not true”. Evenfor Stage 1 breast cancer, the full sum assured is payable, she said."