Critical Illness Statistic in Singapore
As at 2019, the most common cause of death in Singapore is cancer, strokes, heart issues and diseases, as well as pneumonia, kidney diseases, urinary tract infections and lung diseases occupying the top ten list.
Looking at the statistics on cancer, about 41 Singaporeans are diagnosed with it each day. And every day, 15 Singaporeans die from it.
In fact, 1 in Every 4 to 5 Singaporeans may get a critical illness at one point of time.
Now the probability will vary according to your profile and health. For instance, for a 25 year old male, we must differentiate smoker versus non-smoker:
A non-smoker has a 24% chance of having a critical illness (cancer, heart attack or stroke) prior to turning age 65, and
A smoker has a 49% chance of having a critical illness (cancer, heart attack or stroke) prior to turning age 65.
More than 90% of Critical Illness Claims Come From Only 5 Conditions
While there are 37 critical illnesses in the LIA framework, are they all important?
Turns out that only a few matter.
These are the 5 CIs that make up most of the CI claims (more than 90%):
Heart Attack of Specified Severity
Coronary Artery By-Pass Surgery
Stroke with Permanent Neurological Deficit (new change in name)
End Stage Kidney Failure (new change in name)
Colon & rectum,
Colorectal & Rectum,