What makes A-Life Cancer360 different from other critical illness insurance?
It is a well-known fact that cancer in general is ranked as the top leading cause of death in the world. A little carelessness over a long period of time could easily result in getting cancer, whether you are staying under the sun for too long, exposed to excessive radio waves unconsciously or simply not practising a healthy lifestyle.
A-Life Cancer360 gives you the financial help you can't find elsewhere throughout the whole journey of cancer fighting, starting from early stage cancer till recovery. What if you never got diagnosed with cancer? No worries, you are still entitled to the full sum assured upon attaining the age of 80, provided that your policy is still in force.
How does the benefit payout work?
If you are found to be diagnosed with early stage cancer such as carcinoma in-situ, early prostrate cancer and early thyroid cancer just to list a few, a one-off payment of 30% of your sum assured will be given to you. This policy also gives you the flexibility of choosing your own sum assured in an interval of RM50,000 up to RM300,000.
On top of that, you'll receive 10% of the sum assured as recovery reward once every 6 months for two times starting 6 months after your early stage cancer detection. Should your cancer kick back harder after 12 months, all claims made earlier on early stage cancer and recovery reward will be disregarded and AIA will pay the full sum assured amount to you. That being said, if you make a subsequent claim within 12 months from the date of your early state cancer diagnosis, you will only be entitled to the amount minus any benefit paid previously.
Road to cancer recovery could take months or even years, that is why AIA is also giving you an extended recovery income of 10% your sum assured every year for 5 years.
Who is eligible to apply for A-Life Cancer360?
Anyone above 14 days of age and below 60 years old are eligible to get themselves enrolled. Once you're in, this policy can be renewed until you are at the age of 80.
How much do I have to pay for the premium?
The premium is determined by a number of underwriting factors including age, medical history, occupation and other factors as may be required by AIA. Hence, it could vary from one individual to another. Fear not, there's nothing else you'll need to pay apart from premium.