Cancer is the #1 Killer in Singapore

According to the National Cancer Centre, cancer cases have been rising over the years, and the number of people living with cancer will continue to increase.  During the period from 2013 to 2017, a total of 71, 265 cancer cases were reported in Singapore.  48.4% of the affected were male, and 51.6% of those cases were female patients.

With the average cost of chemotherapy ranging from $1,500 per cycle, when we count bed and board, that means it would cost around $14,000 a month, on average, to treat cancer.  This may vary upwards for rarer conditions.  Cancer also results in the loss of more than one income in a family – that of the patient, and or more care givers in the family.

Singapore is a wealthy nation.  This means that the average Singaporean will live long enough to get cancer, and other diseases of developed nations.  Logically, it means that insurance coverage against cancer is very much a necessity.  That is why AIA is introducing new AIA MultiStage Cancer Cover, to provide cheap coverage for cancer in the event of diagnosis.