What is the Lonpac MediSecure Plus 2015?
The MediSecure Plus 2015 is one of the three MediSecure, medical insurance policies offered by Lonpac Insurance. The Plus policy comes with 6 different plans within it for you to choose from according to your budget, needs and medical history. This way you will get to pick the plan you want and be prepared for its commitments without being blindsided by high premiums.
It is a major-medical insurance policy that provides a ‘Top-Up’ facility for those of you who find that your hospitalization and surgical insurance isn’t enough to meet the current costs of healthcare.
How do the premiums and the deductible work?
As it is with countless other insurance plans, this one comes with a deductible per disability concept, which is the expense which you will need to bear before your coverage kicks in. This amount along with the insurance premiums depend on which plan you pick out of the 6.
Insurance premiums for this product varies, according to age as well as plan. Also, the premiums will auto adjust along with your age unless otherwise instructed.
Since this is a policy that only works to your benefit, every three years from the date of issuing most of the limits that come with the plan will steadily increase. This means, you will still get to keep your affordable premium rates, but the Room and Board Limit, Deductible Per Disability, Disability Limit and Annual limit will all increase.
What are some of the plan exclusions?
Unfortunately, the policy does not cover pre-existing conditions, as well as issues or illnesses that occur due to them. Otherwise, with its ‘Top-Up’ policy it covers most things as long as you can cover the cost of the difference if it is not already offered.
Another circumstance where the policyholder is not covered occurs when you have traveled overseas for more than 3 months or 90 days consecutively.
Who can apply for this policy?
Pretty much anyone over the legal age can pick up this policy whenever you feel the need to. While this is not a policy that encompasses family, parents or spouses, but any one person can purchase the policy for them. Therefore, parents who want to get this plan for their kids, you may do so as long as they are over the age of 30 days. They are eligible for the coverage up to the age of 19 years unless they are still studying, in which case the age band is extended to 23.
The maximum entry age for this particular plan is 70 years old, and can be renewed up to the age of 100, so it is also an ideal plan for seniors.
Please also take note that this plan is available to foreigners and Permanent Residents (PR) of Malaysia.