The most important detail for critical illness is probably the definition for the claim to be administered.

If u seen on the papers, there are many unsuccessful claims due to either the illness is ‘not severe” enough or maybe because of waiting period.

Do take a close look at the waiting period as some companies have a very long waiting period such as 5 years between claims, which makes the whole program not very meaningful.

If you are interested to know more about the early payout plan which i mentioned, you can drop me an email so i can furnish you with more information.

Thanks!

The most important detail for critical illness is probably the definition for the claim to be administered.

If u seen on the papers, there are many unsuccessful claims due to either the illness is ‘not severe” enough or maybe because of waiting period.

Do take a close look at the waiting period as some companies have a very long waiting period such as 5 years between claims, which makes the whole program not very meaningful.

If you are interested to know more about the early payout plan which i mentioned, you can drop me an email so i can furnish you with more information.

Thanks!

“In the same article, another downside of critical illness plan was highlighted; “it usually allows claims only when the insured person is in the more advanced stages of a critical illness. It is no wonder that a common complaint is that it pays the claims only “when the person is about to die. For instance, the definition for cancer is “a malignant tumour characterised by the uncontrolled growth and spread of malignant cells and the invasion of tissue.” This excludes non-invasive “cancer-in-situ”, which refers to cancerous cells that have not yet invaded the surrounding or underlying tissue.”

In response to the need for an early payout, Great Eastern Life has a new plan which pays at stage 0 of cancer. It pays out according to severity levels and claims can be admitted for the same illness or across different illnesses.

This provides a sum to seek treatment not cover by hospital and surgery plans such as TCM, and other adjustments that need to be made in the event of a illness, such as change of diet etc.

“In the same article, another downside of critical illness plan was highlighted; “it usually allows claims only when the insured person is in the more advanced stages of a critical illness. It is no wonder that a common complaint is that it pays the claims only “when the person is about to die. For instance, the definition for cancer is “a malignant tumour characterised by the uncontrolled growth and spread of malignant cells and the invasion of tissue.” This excludes non-invasive “cancer-in-situ”, which refers to cancerous cells that have not yet invaded the surrounding or underlying tissue.”

In response to the need for an early payout, Great Eastern Life has a new plan which pays at stage 0 of cancer. It pays out according to severity levels and claims can be admitted for the same illness or across different illnesses.

This provides a sum to seek treatment not cover by hospital and surgery plans such as TCM, and other adjustments that need to be made in the event of a illness, such as change of diet etc.