15th December 2023 - 3 min read
In today’s world, health concerns are on the rise globally, and Malaysia isn’t off the hook either. We’ve seen a concerning increase in cancer cases, with statistics suggesting that approximately 1 in 10 people in Malaysia could be diagnosed with cancer1. Thankfully, with advancements in healthcare technology, we’re getting better at detecting cancer in its early stages.
But unfortunately, medical treatment costs continue to rise with every passing year. While your medical insurance may be able to cover the bulk of hospitalisation and treatment costs, there are other financial considerations to think about. You may not be healthy enough to work during this period, which means no income for you and your family. Caregiver expenses also add to the list, as this alone may cost up to RM72,0002 a year. Let’s also not forget the potential costs of alternative treatments and supplements. These all contribute to financial stress that you should not have to go through during this challenging period.
This is where a dedicated cancer insurance plan steps in as a more comprehensive safety net. PRUCancer Safe (this is an insurance product) offers a lump-sum payout upon diagnosis of a covered cancer up to a selected coverage of RM500,000. More importantly, this cancer insurance plan comes with affordable premiums from as low as RM 6.50* per month. Moreover, as more insurers digitalise the enrolment process, getting protected is straightforward and more efficient than ever.
With life’s unpredictability, it’s vital to safeguard both yourself and your family from unexpected expenses and the emotional stress that comes with it. Given that you can now purchase cancer insurance with ease online, this peace of mind is worth investing in, especially with premiums from as low as RM6.50* per month.
Secure your peace of mind with PRUCancer Safe. Explore more here!
*Assuming male non-smoker with standard risk, Age Next Birthday 19 and have selected the plan with sum assured of RM50,000, with monthly premium frequency.
1Cancer Statistics | Gleneagles Hospitals. (n.d.). Gleneagles. https://gleneagles.com.my/medical-specialties/oncology/cancer-statistics-malaysia
2How much does nursing home cost per month in Malaysia? Woon Ho Family Care Centre. https://woonhofamilycarecentre.com.my/how-much-does-nursing-home-cost-per-month-in-malaysia/
PRUCancer Safe is an insurance plan underwritten by Prudential Assurance Malaysia Berhad (“PAMB”) 198301012262 (107655-U) and distributed by Standard Chartered Bank Malaysia Berhad (“Bank”) 198401003274. PAMB is licensed under the Financial Services Act 2013 and is regulated by Bank Negara Malaysia. The Bank accepts no responsibility or liability for the plan or the products and services offered by PAMB.
Prudential Assurance Malaysia Berhad 198301012262 (107655-U) Member of PIDM
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