Critical Illness Insurance
Living in the hassle and bustle of busy city life with increasing pollutions, unhealthy eating habits, coping with the rat race with tremendous pressure, deeply jeopardise our health. Findings has shown that common critical illnesses such as Cancer, Stroke, Kidney Failures and Heart Disease are on the rising trend.
If you’re struck ill and unable to work for five months, how will the household bills, mortgages, hire purchases and other expenses be paid? The result will not only affect you, but your loved ones too.
Is critical illness fatal? It is not! The advancement in medical technology can help to cure your illness but it may take time to recuperate and the cost of treatment will be high. Should this happen to you, are you prepared? AIA Lifestyle Shield offers you and your loved ones, the critical illness coverage with flexible and affordable premium.
AIA Lifestyle Shield
AIA Lifestyle Shield
Lifestyle Shield is a specially designed monthly paid protection product that rewards policyholders with yearly loyalty benefits regardless of claims.
The plan allows you to enjoy yearly loyalty benefits immediately at the end of each year up to a maximum of 60% of yearly premium paid at the end of year 5.
|Coverage||Plan 1 (RM)||Plan 2 (RM)||Plan 3 (RM)||Plan 4 (RM)|
|Death (Natural, Accidental and Sickness)||RM 50,000||RM 100,000||RM 150,000||RM 200,000|
|Total and Permanent Disability (1) (Natural, Accidental and Sickness)||RM 50,000||RM 100,000||RM 150,000||RM 200,000|
|Hospitalization Income (2) (Any one sickness or Illness)||RM 50.00||RM 100.00||RM 150.00||RM 200.00|
|Terminal Illness (3)||RM 50,000||RM 100,000||RM 100,000||RM 100,000|
|Yearly Loyalty Benefits||10% / 15% / 30% / 40% / 60% of past 12 months premium at the end of year 1 / 2 / 3 / 4 / 5|
(1) Provided such disability has existed continuously for at least six (6) months
(2) Daily cash benefits of up to a maximum of 180 days
(3) This benefit is an advance payment of the death benefit, and is not paid as an addition to the death benefit
Duration: 5 Years
|Qualifying age:||18 years to 60 years old|
|Duration of Policy:||5 years|
|Type of cover:||Term Insurance|
|Cover limit:||Up to RM200,000|
Ismail his early 30’s has recently tied the knot with Zulaiha. They had just purchased their first property and life was going on well with Zulaiha being pregnant. A close friend who is an Insurance Agent had recommended they purchase a critical illness cover however Ismail was reluctant to commit to the extra expense. Based on the advise given by his friend, Ismail decided to take up the policy, and continued to pay the premium. However, their world was about to be shattered when two months later, Ismail was diagnosed with a few blocks in his heart.
Ismail was thankful and was relieved to know that despite the policy being new, he was still covered. The payout he received upon diagnosis helped Ismail to focus on the important thing, getting better, without worrying about how he was going to undergoing the high treatment cost.