Gibraltar BSN has launched a new comprehensive critical illness plan called GoXtra Care. The plan provides multiple lump sum payments of up to RM2 million for 151 conditions from early to advanced stages and 10 special conditions.
With GoXtra Care, customers can receive up to 350% of their coverage amount upon diagnosis of any three out of these five critical illness groups: cardiovascular and circulatory system, brain and disability, major organs, neurological disorder, and cancer. The special condition benefit also provides up to 10% of the coverage amount following a diagnosis that will require invasive treatments for coronary artery disease, diabetes complications, or mental illnesses.
Furthermore, customers can benefit the coverage reset feature, which automatically resets your coverage amount to 100% if no other claims are made within 12 months after the first early stage critical illness claims. Besides that, the plan also offers a death benefit and comes with optional premium waiver riders.
“With Malaysia’s increasing medical inflation, treatment for critical illness conditions can be extremely costly, resulting in financial burden to the customer,” said Lee Kok Wah, Chief Executive Officer of Gibraltar BSN Life Berhad. “With that in mind, we designed GoXtra Care to cover our customer’s extensive financial needs by allowing multiple claims from different illness groups.”
GoXtra Care is available to those aged between 18 to 60 years old, with a coverage term of up to 80 years of age. The minimum sum assured is RM40,000 and the maximum coverage goes all the way up to RM2 million.