Is Prudential a good company to buy CI from?

Lolll

Claim rejection can happen with any insurance company, not just Prudential. AIA was in the news before too, but people forgot about it since the Prudential incident.

This reminds me of my old comment here: https://www.reddit.com/r/singaporefi/comm… With that said I don't think I heard any bad news about them recently.

There are tons of claims that were paid out which weren't covered by the news but you chose to focus on the negative ones that were blown up by news medias. Regarding the recent Pru case that was in the spotlight, Pru did seek for a private settlement of significant amount (albeit lower amount than the sum insured) but claimant rejected, so not sure what was her intention to still proceed with court case. Like what the other user mentioned, diff companies' policies cover diff scopes but most of them still cover the common CIs. If you choose from the big 3 (AIA, GE, Pru), won't differ too much, given that the premiums are also more ex. If you want cheaper options can check out Singlife, HSBC etc. their CI cover a narrower variety but it's the kind that you suay suay kena the non-covered ones also LLST. You should also check out multi-claim CI policies in the meantime. Disclaimer: I'm NOT financial consultant, just know all these cause I was also reconsidering my CI plans.

which one did u end up going with?

Went with AIA eventually!

Of course no, do a search you will find a case the Prudential refuse to paid out their CI clients, on the same client, AIA payout

but what about the premiums? is AIA more expensive?

Premium is individual health conditions, get a quote from both

Generally the big 3 (Prudential AIA GE) are more expensive. But also depends if you have any pre existing issues and whether they are willing to accept with or without exclusion and/or loading. You can also reach out to IFA to get more quotes for comparison.

Bro can I sent you a dm?

"Bro"

I can help you out based on your needs FA here

The important thing I was told about insurance is to make sure you fully disclose everything on the health questionnaire. From what I know, claim problems usually arise when they discover some hidden health information that was not disclosed when buying. I’ve never had any issues claiming from my hospitalization policies for surgeries and hospital stays. Also experienced 2 smooth death claims (2 different uncles for which my wife was the estate executor) which were settled promptly. Hope this helps.

don't go with Prudential then. And boycott NTUC Income and Great Eastern too. AIA seem ok. Or If not FWD?

Woman sues Prudential, saying insurer used 'buried clause' to deny S$100,000 brain surgery claim The last thing I want is for my family/myself to fight tooth & nail with an insurance company who doesn't want to pay out 100k for a brain surgery. The lady had treatment that was medically preferred but was not covered in the fine print. Absolutely ridiculous. Let's all read through the insurance policies before being rolled in to life-critical surgeries shall we.

Apparently (based on anecdotal hearsay), Great Eastern has the most relaxed claim system as their underwriting is very robust during application.

No.