Singlife Dementia Cover Review

Singlife Dementia Cover is a long-term care protection plan that gives payouts for cognitive decline and mental health coverage. Singlife Dementia Cover can be use to complement Careshield, enhancing your long term care protection coverage.

Singlife Dementia Cover product details

• Non-participating policy – Term policy
• Coverage
  • Choose your benefit amount from S$200 to S$2,000, and get covered up to 99 years old
• Support during Advanced Stages
  • Get coverage of up to S$100,000 paid out over 10 years for late Dementia with Cognitive Care benefit till 99 years old
• Waiver of Premiums
  • Waiver of premiums and stay covered once you are diagnosed with late-stage dementia and receive the Cognitive Care Benefit
• Wide Coverage
  • Not only covering for dementia,, Singlife Dementia Cover also covers other serious mental health conditions like major depressive disorder, schizophrenia, bipolar disorder, and early or intermediate Dementia with coverage of up to S$50,000 paid out over 5 years.
• Emotional Resilience Benefit
  • One-time lump-sum payout of up to S$10,000 for depressive or anxiety disorder after a dementia diagnosis
• Personal Injury Payout Benefit
  • A one-time lump-sum payout of up to S$10,000 for medical expenses incurred for accidental burns or fractures following a dementia diagnosis
    
    

Read About: Term Policy: How does it work?

Read About: 3 things to consider before taking up a new financial product

For further information and details, refer to Singlife website. Alternatively, fill up the form below and let us advise accordingly.

Singlife Dementia Cover may be suitable if you are looking for

Singlife Dementia Cover may potentially be a good fit if the following matters to you:

• High Long Term Care payout for Dementia Coverage
• Lower initial premium compared to other types of insurance policies
• Looking to boost insurance coverage or fill shortfalls in an insurance portfolio
  
  

Singlife Dementia Cover may not be suitable if you are looking for

Singlife Dementia Cover may potentially be a bad fit if the following matters to you:

• Long-term cash accumulation
• Regular cash payout
• A one-time premium commitment with no further cash commitment
• Insurance policy with a surrender value.
  
  

Further considerations on Singlife Dementia Cover

• How is Singlife or Singlife Dementia Cover payout and claims based on past track record?
• How does Singlife Dementia Cover compare with Term policies from other insurance companies?
• Can Singlife Dementia Cover fulfill my financial, insurance, health, and protection needs?
  
  

The above information may not fully highlight all the product details and features of Singlife Dementia Cover. Talk to us or seek advice from a financial adviser before making any decision about Singlife Dementia Cover.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering taking up.

Is Singlife Dementia Cover suitable for me?