Critical Illness Definition Changes – Debunking Myth

There is a significant impending industry change. As a practitioner, my duty is to keep you informed.

Overall, what we notice is that the new definition has new exclusions added in, and this is from LIA themselves. I strongly urge you to read it so that there are no misunderstandings because, from a comprehension point of view, there are more exclusions for some key illnesses like cancer. Naturally, I leave it to you to decide. At the end of the day, I just want my clients to feel most comfortable with their decision.

If you currently do not have CI coverage and you have been considering getting this, I would strongly advise you to top up now before the changes are applied permanently. Let me know If you are keen to find out more, as I need to prioritise those who responded first as time is limited. Thanks for your understanding.

In about a few days, the entire insurance industry is regulated to change critical illness definitions to a new version. After comparing, the new definitions have more limitations, which affects some of the top illnesses like Cancer, Stroke, Serious Coronary diseases, etc.

We heard there are cases of people saying some illnesses are removed and it will be lesser, etc. I need to clarify this to avoid any misunderstanding. Let me refer to a document that compares the current version of definitions for some critical illness (2014 version) versus the new one that it is replacing (2019 version). You can also download this from the LIA website:

Click here to see CI definition comparison