Closing the Gaps in Critical Illness Coverage
Protecting yourself from life's uncertainties will empower you to live a better life beyond any setbacks. In February and March 2018, we conducted the AXA Better Beyond Survey to understand what Singaporeans know and think of critical illness protection, and their ownership of such insurance.
Here's what we found:
53% of those surveyed can foresee the significant financial impact of a critical illness but 61% are unsure of the financial costs involved
87% believe they are likely to contract a critical illness before turning 65 but only 52% have critical illness insurance
20 to 34 year olds who are uninsured do not think critical illness protection is a priority
Only 25% of those insured are confident they are adequately protected against critical illnesses
Only 6% of those surveyed have the minimum protection of 3.9 times of annual income
recommended by the Life Insurance Association Singapore (LIA)
*From LIA Protection Gap Study 2017
check out our press release and report.
Give back with AXA
With every AXA CritiCare for Her and Him policy purchased,
AXA will donate S$10 to Singapore Cancer Society