What do I need to know Great Essential Living?
Start your day on the right foot with a comprehensive health policy which gives you cover for 36 critical illnesses. Great Eastern will provide financial assistance to you and your family in a lump sum payment if you’re diagnosed with any one of the diseases or sickness covered.
The only exclusions for this coverage are Angioplasty and Other Invasive Treatments for Major Coronary Artery Disease, with a limit of 10% of your sum assured but not exceeding RM25,000 in your lifetime.
How do the Death and Total or Permanent Disability ( TPD) benefits work?
It’s not just critical illness that you’re covered for! Great Essential Living also provides coverage for your family in case of death or TPD – they’ll receive a lump sum payment based on you sum assured. This cover is applicable if you fall between the ages of 5 and 65 years.
What are the other benefits of this Critical Illness Insurance policy?
With Great Essential Living you’ll only need to pay premiums for 20 years or up to the age of 55 years, whichever is later. Even though you’re not paying any premiums after that point, you’ll still get protection from Great Eastern up to the age of 87 years. Plus your premium rates are guaranteed, so you don’t have to worry about paying extra!
What’s more, you this policy has a one of a kind buy back options which allows you to get reinsured for death benefits, up to the maximum of your current basic sum assured. This option is available within 60 days after a critical illness claim has been made, and not applicable after the age of 65.
How to pay my insurance premiums?
To pay for your Great Essential Living cover, you can choose to pay your premiums either monthly, every 3 months, 6 months or 1 year using any of the following methods:
- Credit card
- Auto debit
- Internet banking
- Banker’s order