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According to the LIA, a useful rule of thumb is to hold critical illness coverage worth around four times one\u2019s annual income. This aims to cover medical expenses, living costs and income loss during recovery. But knowing the amount alone is not the whole story. Timing matters, too. \u201cPremiums rise with age, and once a health issue appears, it can be harder or even impossible to get covered,\u201d Mr Tan said.<\/span><\/p>\n Younger adults, in particular, often prioritise short-term goals such as holidays or home ownership and may overlook critical illness coverage because they feel healthy. Planning earlier and maintaining protection over time helps narrow the protection gap and strengthens long-term financial resilience.<\/span><\/p>\n *This product is underwritten by Singapore Life Ltd.<\/span><\/em><\/p>\n \u00a0<\/p>\n Disclaimer:<\/strong><\/span><\/em><\/p>\n This article is published for general information only and does not have regard to the specific investment objectives, financial situation and particular needs of any specific person. Buying a health insurance policy that is not suitable for you may impact your ability to finance your future healthcare needs. This advertisement has not been reviewed by the Monetary Authority of Singapore. Protected up to specified limits by SDIC.<\/span><\/em><\/p>\n