Manulife Critical SelectCare 2023 Review | Dollar Bureau


Manulife Critical SelectCare Review

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manulife critical selectcare review

Table of Contents

The Manulife Critical SelectCare is a non-participating critical illness insurance term policy that provides basic protection against advanced stage critical illnesses and other specified medical conditions

If you’re between 40 – 70 years old, have high blood, cholesterol and/or high sugar level, and have difficulties getting insured with typical critical illness plans, this might be for you.

Basic Product Features

Premium Policy Terms

To be eligible for insurance coverage for Manulife’s Critical SelectCare, you need to be between 40 years old to 70 years old.

Premium Payment Terms

  • Payable throughout the premium term of the policy.
  • As with all CI premiums, premiums are not guaranteed and may be adjusted.


Your final premium amount is determined by factors such as age, gender, smokers status, sum assured, policy type, and length of premium period.


Critical Illness Benefit (CI)

Upon diagnosis of selected advanced stage critical illnesses and conditions covered under the Manulife Critical SelectCare, receive a payout of either:

  1. The basic sum assured or
  2. The total premiums paid less any sum owed to Manulife, whichever is higher.


The covered advanced stage critical illnesses are as per the table below.

Heart Attack of Specified Severity
Major Cancer
Stroke with Permanent Neurological Deficit
Alzheimer’s Disease / Severe Dementia
Idiopathic Parkinson’s Disease
End-Stage Lung Disease
Fractures of specified sites as a result of an accident

Upon full payment of this benefit, the policy will terminate.

Waiting Period

The following conditions will result in benefits not being paid out if the occurrence takes place within 90 days from the policy issue date or policy reinstatement date, whichever is later.

  1. Diagnosis of a Major Cancer and/or
  2. Diagnosis of Heart Attack of Specified Severity


Other Features and Benefits

Special Benefit

Receive an additional 25% of the basic sum assured upon diagnosis of a Special Condition covered under the Manulife Critical SelectCare.

The Special Conditions Covered are as per the table below.

Osteoporosis with Fracture
Severe Rheumatoid Arthritis

A maximum payout of $25,000 is applicable for the Special Benefit, and can only be claimed and admitted once. Payment of the Special Benefit does not reduce the basic sum assured.

No Claim Payout Benefit

Receive 25% of the total premiums paid less any amount owed to Manulife, if no claims have been made, paid or payable upon the end of the policy term.

Death Benefit

Upon the death of the insured, receive a payout of S$10,000, less any amount owed to Manulife. Afterwhich, the policy will terminate.

Main Product Conditions

Survival Period

To be eligible for the benefits under the Manulife Critical SelectCare, the insured has to survive at least 7 days after he or she is diagnosed with Advanced Stage Critical Illness, conditions and Special Benefit Conditions covered under this policy.

Otherwise, only the Death Benefit is payable.


The policy will terminate if any of the below situations occur, whichever is earliest.

  • Receipt of notice from insured informing of ending of policy,
  • The death of the insured.
  • The policy expires.
  • The lapse of this policy.
  • When $2,000,000 of the CI limit has been paid out by Manulife.
  • CI Benefit has been fully paid out.


Pre-existing Conditions

Refers to any illness or medical conditions which existed before the policy issue or reinstatement date, whichever is latest, which might affect Manulife’s decision in policy purchase eligibility and claiming of benefits.

Death Benefit Exclusions

The insured is not eligible for the Death Benefit if he or she dies from suicide within 1 year from the policy issue date or policy reinstatement date.

Manulife will not pay the Death Benefit and will refund the total premiums paid to date, less any expenses.

My Take on Manulife’s Critical SelectCare

Manulife Critical SelectCare Aviva MyMultiPay Critical Illness Plan IV AIA Beyond Critical Care w/ Early Critical Cover Extra Rider Tokio Marine MultiCare Manulife Ready Complete Care AXA Super CritiCare FWD Recover First
Annual Premiums $1422.80 $1,465 $3,104.80 $1,165 $1,475 $1,165 $1,124

Premiums are based on a 30-year-old male, non-smoker with a sum assured of $100,000, with policy term up to age 75, with the exception of Manulife’s Critical SelectCare, which is based on a 40-year-old male, non-smoker with a sum assured of $100,000.

In comparison with the annual premiums across the critical illness plans available in the market, Manulife’s Critical SelectCare has a higher premium with lesser critical illnesses Conditions and Special Conditions covered (7 CI Conditions and 2 Special Conditions).

However, you must remember that this policy isn’t created for everyone.

They’re specifically targeted as those aged between 40 – 70, have difficulties getting CI plans, and have any of the below:

  • High blood pressure,
  • High blood sugar,
  • High cholesterol, or
  • Diabetes


Naturally, you’ll be facing higher premiums, exclusions, or even rejection from the traditional CI plans in the market.

Therefore, Manulife gives you this opportunity to get yourself covered, albeit at steeper premiums.

The Manulife Critical SelectCare has the following benefits for consideration too:

  • Provides coverage for 7 Advanced Stage Critical Illnesses.
  • Receive 25% of the basic sum assured if no claims have been made or paid out upon policy term due date.
  • Receive 25% of the sum assured, up to $25,000 for Special Conditions.
  • $10,000 Death Benefit.


The policy also has its downsides as well. These include

  • High premium amount with lesser Critical illnesses and special conditions coverage.
  • Only applicable for individuals above 40 years old.
  • Maximum sum assured of $250k.


Despite this, it could be your only choice.

If you haven’t yet looked for other policies, our best critical illness plans in Singapore article can help you make a better decision.

Otherwise, if you think this is your only option, speak to a financial advisor to understand if there are better plans for you.


Disclaimer: Each article written obtained its information from reliable sources and should be purely used for informational purposes only. The information provided by Dollar Bureau and its affiliated parties is not meant to be construed as financial advice. Dollar Bureau shall not be held liable for any inaccuracies, mistakes, omissions, and losses incurred should you act upon any information listed on this website. We recommend readers to seek financial planning advice from qualified financial advisors. 

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