How old are you?

60k definately not enough.... People is aiming for 500k, 1 mill or so.
Premium like 300-400 per month, depending on your age.

well...yes perspective is age.
me heading to 50 already. purchase it when i was in my mid 20, and add another one in my early 30. So pay around Rm 500 for these ( include life insurance, and bundle with some investment)
Last time is like tat la, always mix with investment- promise decent return and such. but looking back- the return is really crap- 2% or so. that is where insurance company make their money.

Eh- the premium does not goes up as you aged. basically the younger you start buying- the cheaper it is per month ( but it add up over the years la, coz longer duration paying). Yes- we know they can increase the price with bank negara approval- but so far under control.
Anyway- moving forward- realized hospitalization is more important- with medical fees keep going up - so added an insurance coverage for medical 2 years back.
it was suppose to be Rm 400 or so for 1 million cap per year until 85 years old. - but based on medical report got some minor issue with my liver > end up need to pay around Rm 600 or so.
in short= i pay monthly Rm 1k+ per month. For a peace of mind.

how much and what to buy... really depends on your age and economy condition. Dont over stretch it.

i think mine doesn't give me lump sum unless i die of critical illness which is around 200k, i think.
my medical card pay for my critical illness treatment up to 1M (not sure if it refresh every year, need to check)

i am not sure if your medical card pay for your cancer treatment. U better check.

honestly if im diagnosed with cancer..
i prefer not to be treated and just go like that.