CancerCare

CancerCare

At a Glance

Up to S$150,000 payout for any stage of cancer

Enjoy guaranteed policy renewal up to 70 years old

Apply easily online, no health check-up required

Get this planCancer can happen at any age. As critical illness claims have increased by 58% among young adults¹, early protection is more important than ever.CancerCare offers a lump sum payout in the event of cancer diagnosis. This provides a financial cushion for daily expenses or medical treatments not covered by other health insurance, allowing you to focus on recovery.What can you tell about a person, by their age? Watch the video to reveal a surprising truth.

How cancer affects lifeA critical illness like cancer doesn't just affect the patient; it also impacts the lives of their family and loved ones.A young survivor’s storyDiagnosed with breast cancer at age 25, Lay Teng shares how a critical illness plan provided financial relief, letting her focus on regaining her health, while navigating the challenges of motherhood.A caregiver’s storyBecoming a caregiver while still in university changed Corrinne’s life. While her extended family provided financial support, she had to balance between studies and taking care of her father.

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Safeguard your finances with CancerCare

Features & BenefitsOn top of the potential loss of income, cancer patients incur a staggering amount of treatment expenses during the recovery period. Treatment for later-stage cancer can range from S$100,000 to S$200,000 per year².CancerCare provides a lump sum payout of up to S$150,000³ upon diagnosis of cancer, which the policyholder and his family can use to defray any type of expense.Premiums start from S$8.90/month⁴ (before prevailing promotions) and may be revised based on the attained age at the start of renewal every 5 years.

Benefits	Headstart	Essential	Advantage
Cancer benefit³ Lump sum payout upon cancer diagnosis	S$50,000	S$100,000	S$150,000
Death benefit⁵ Lump sum payout in the event of death	S$10,000	S$20,000	S$30,000

Please refer to the Sample Policy Contract for the precise terms, conditions and exclusions.

How it works

At age 40

John purchases a CancerCare Advantage plan
He pays a monthly premium of S$43.12⁶ for the first 5 years

At age 43

John is diagnosed with cancer
He receives the Cancer Benefit payout of S$150,000³ in a lump sum and the policy terminates

Who is eligible?


Age	Between 18 and 60 years (based on your last birthday)
Place of residence	Singapore citizen or Singapore Permanent Resident who is residing in Singapore

Apply nowYou need to have a DBS/POSB Savings or Current account to get our CancerCare plan. Apply here if you don’t have one yet. Remember to apply for digibank access.Getting a CancerCare plan is simple and fully digital! Answer just 1 health question, no health check-ups required.Get this planPractise good money habits

Money habits are regular, achievable steps that add up to a financial plan. When it comes to protection, a good money habit is getting coverage like CancerCare early and topping up when needs change.For critical illness, experts recommend getting covered for 4x your annual income.Aside from critical illness and cancer, consider coverage in key areas like health, life, mortgage reducing term assurance, disability, and general insurance, to mitigate life risks that could derail your financial plan.Protecting against large medical bills is one of 4 Money Habits we encourage. Learn more good habits here.Consider coverage in 6 key areas (health, life, critical illness & cancer, mortgage reducing term assurance, disability, and general insurance) to mitigate life risks that could derail your financial plan.Alternatively, speak to our Wealth Planning ManagersContact me

Get more Benefits

Earn bonus interest on your DBS Multiplier Account with all Manulife protection or endowment plans distributed by DBS for 12 consecutive months. Find out more.No minimum regular or single premium amount is required. Earn bonus interest for 12 months consecutively.

How to ClaimPlease visit Manulife’s claim portal to view the list of documents required for submission and submit your claim online.

Frequently Asked QuestionsPlease refer to the full list of Frequently Asked Questions here.

Can I choose how long I would like to be covered?

You will enjoy coverage for 5 years after which policy will automatically renew every 5 years. The maximum renewal age is 70.

Can I surrender my policy and receive a cash payout?

No. This policy has no cash value.

Is there any waiting period for cancer benefit to be payable?

Yes, there is a 90-day waiting period from the policy issue date or date of reinstatement of the policy, whichever is later. Waiting period is the time specified which must pass before the coverage begins.

The person insured must also survive for at least 7 days from the date of diagnosis of cancer. Otherwise, only the death benefit shall be payable.

If the policyholder is diagnosed with cancer and then dies, are both the cancer benefit and death benefit paid out?

No. If the life insured is diagnosed with cancer and survived for at least 7 days from date of diagnosis, the cancer benefit will be paid out and the policy terminates. Otherwise, only the death benefit shall be payable.

What are the exclusions under the cancer benefit?

Manulife will not pay the cancer benefit if:

the life insured did not survive for at least 7 days from the date of diagnosis of a cancer;
the date of diagnosis of a cancer is within 90 days from the policy issue date or the date of reinstatement of this policy, whichever is later;
the condition claimed is in the presence of Human Immunodeficiency Virus, Acquired Immunodeficiency Syndrome or any AIDS-related condition; or
the condition claimed is due to a pre-existing cancer.

Contact UsFor product related enquiries, you can email Manulife at service@manulife.com. If you are facing technical difficulties, you may explore our live chat service in DBS/POSB digibank online.

Footnotes:
¹ Based on data collected by Manulife, for adults 35 and below 2018 - 2023, as of 2024.² Source: Ming Feng. “Can You Afford Cancer Treatment? An Insight On The True Cost Of Cancer Treatment In Singapore”. Seedly. October 13, 2021. https://blog.seedly.sg/true-cost-cancer-treatment-singapore/³ We will not pay the cancer benefit if: the life insured did not survive for at least 7 days from the date of diagnosis of a cancer; the date of diagnosis of a cancer is within 90 days from the policy issue date or the date of reinstatement of this policy, whichever is later; if the life insured has contracted Human Immunodeficiency Virus (HIV), Acquired Immunodeficiency Syndrome (AIDS) or any AIDS-related condition; or if cancer was pre-existing.⁴ This premium amount is based on Headstart plan for a male aged 18. The premium amount is for the first 5 years and will be revised after 5 years based on attained age at the start of each renewal.⁵ We will not pay the death benefit if: the life insured dies from suicide or due to a pre-existing condition within one year of the policy issue date or the effective date of the most recent reinstatement of the policy, whichever is later. We will refund all premiums paid without interest and less any medical or other expenses we have paid in connection with the policy.⁶ The premium amount is calculated based on a male aged 40. Please refer to the Product Documents for the Policy Illustration and Product Summary.Disclaimers
The information herein is published by DBS Bank Ltd (“DBS Bank”) and is for general information only and should not be relied upon as financial advice. This publication may not be reproduced, or communicated to any other person without prior written permission. This website does not take into account the specific investment objectives, financial situation or needs of any particular person. Before entering into any transaction involving any product mentioned in this website, where applicable, you should seek advice from a financial adviser regarding its suitability for your own objectives and circumstances. If you choose not to do so, you should make an independent assessment and do your own due diligence on the product. This advertisement has not been reviewed by the Monetary Authority of Singapore. The website herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.In Collaboration with Manulife
CancerCare is issued and underwritten by Manulife (Singapore) Pte. Ltd. ("Manulife") (Reg. No. 198002116D) and distributed by DBS. It is not an obligation of, deposit in or guaranteed by DBS.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (“SDIC”). Coverage for the policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Manulife or visit the Life Insurance Association or SDIC websites (www.lia.org.sg or www.sdic.org.sg).Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$100,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Information is correct as at 7 Oct 2024.POSB Insurance Important Notes

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