Overview of Critical Illness Insurance. In Hong Kong, there are so many options that it can feel overwhelming at times. But rather than that event being death, it is a serious – possibly terminal – illness such as Cancer, Stroke, Heart Attack, Alzheimer’s, Parkinson’s, blindness and so on. The first study looked at experience from 1990-1994 and analysed 4,600 claims. Personal Enterprise. Critical Illness doesn't only happen to the unhealthy and the aged, but also among the young generation in Hong Kong. When Critical Illness strikes, you and your employees might not only be suffering physically and psychologically but also facing the financial pressure of huge cost of treatment and rehabilitation. The sum assured of an Early Stage CI Insurance can also be claimed in the event of certain medical procedures done such as the removal of one kidney or small bowel transplant. If a person has severe stomach discomfort, he goes to a clinic to see a doctor. In Hong Kong the average sum assured from 2012 to 2015 for new business rose 46% to just under USD 79,000. Coverage Highlights. Other. Hong Kong Expat Insurance Phone +852 3563 9771. Gen Re has been conducting surveys of critical illness for nearly 30 years. This scheme gives you a lump sum benefit in the event of a serious illness. Free Critical Illness Insurance Quotes in Hong Kong. You can spend this lump sum on anything ranging from paying gaps in your health insurance to everyday life expenses. Protect yourself against the financial impact of critical illnesses with our suite of critical illness plans. A fixed lump sum benefit is payable if the insured is diagnosed with a pre-defined illness. Newer posts → FREE International Medical Insurance Cover Quotes Hong Kong. Comparing Insurance Products Short-Term Savings Whole Life Savings Insurance QDAP (Savings) QDAP (Retirement) Voluntary Health Insurance Scheme Whole Life Critical Illness Mass Market Medical Insurance High-end Medical (Private Room) Term Life Personal Accident Insurance Deferred Annuity Immediate Annuity Hello, would you like us to telephone you back. Making sure your loved ones are taken care of in case the unexpected occurs. Guardian Plus Refundable CI Plan . VHIS QDAP (Retirement) QDAP (Savings) Life . Critical illness insurance policies provide a sum of money to cover your expenses in an event where you're diagnosed with a critical illness, and have to stop working. Guardian Plus Refundable CI Plan . What isn’t covered by critical illness insurance? Hong Kong Expat Insurance Phone +852 3563 9771. Short-Term Savings Whole Life Savings QDAP (Savings) Deferred Annuity Immediate Annuity. Please fill out the form below. In 2017, the top three most deadly illnesses in Hong Kong were cancer, pneumonia and heart disease 1. ... HKD500 shopping coupon for new customer who submits an online appointment and successfully takes out a plan in Hong Kong, and free masks upon completing FNA. Insurance Ratings. Trusted Union provides critical illness insurance in Hong Kong through which the policyholder gets a lump sum payout if they are diagnosed with an illness listed in the policy. How can we help you? Looking for insurance to guard against cancer, heart attack, stroke and other major health worries? Bupa Critical Essential Care is a critical illness insurance scheme that covers 58 critical illnesses such as cancer, stroke, and heart disease. Enjoy 10% off now! With critical illness and early critical illness insurance, you can have a greater peace of mind that if a dreaded illness were to occur, you can still be in safe hands. Today, Paul Tse, Chief Marketing Officer of FWD Hong Kong and Macau, led the team along with popular celebrity mom Snow Suen in promoting an upcoming innovative critical illness & mental health protection plan by staging a flash mob in Causeway Bay. There are different policies that offer different types of payouts, including single payouts and multiple payouts. We will be in touch within 24 hours. Sign up now . Comparing Insurance Products. Fields marked with an * are required. Our guarantees complement the benefits paid by your public insurance. The purpose is to cover individuals or families for loss of income that might be experienced. **Only 10% of the sum assured or maximum HK$20,000 will be paid subject to whichever is lower. It’s important to know that critical illness and terminal illness are classed differently by insurance providers. The most recent study, covering experience from 2012-2015, involved analysing more than 1.2m claims, reflecting the large growth in critical illness products in Asia. How can we help you? FREE International Medical Insurance Cover Quotes Hong Kong Compare The International Medical Insurance Market In Hong Kong Choosing the Best International Medical Insurance plan Has Never Been Easier Hello, … Health. A critical illness plan is a supplement to your health insurance portfolio. With Singlife’s critical illness insurance plan, you can be protected against various illnesses while receiving support during recovery. This is an insurance plan that provides financial coverage for all medical costs and expenses to incur after you are diagnosed with a critical illness. Tax Deductible. Personal Accident. It’s a good idea to review your disability policy or healthcare benefits in comparison with the features of a critical illness insurance plan. Unlike life insurance and medical card, critical illness insurance pays you out in lump sum upon claim so that you can focus on your treatment and recovery. Quote/Buy Get Details . In some cases, this might be years, or even permanently. Savings. 【Limited Time Offer】 Call us at 2517 5860 for details. Life Insurance. In contrast, critical illness insurance pays out a lump sum of money to the insured individual in the event of a serious illness. Critical Illness Insurance Cover Hong Kong Choosing the best Critical Illness Insurance Cover plan has never been easier. Still confused? We’re here to help you get back on your feet in no time with a number of our flexible and broad coverage plans. Critical illness insurance can also cover you if you’ve suffered a physical disability following an injury, such as after a serious accident at work. VHIS Mass Market Medical High-end Medical (Private Room) Whole Life Critical Illness Term Critical Illness. This Critical Illness will be terminated upon such payment and the amount of subsequent Critical Illness Benefit will then be reduced. Why apply for critical illness insurance if you already have public insurance? Looking for insurance to guard against cancer, heart attack, stroke and other major health worries? This was largely as a result of increasing sales to wealthy mainland Chinese customers who came to Hong Kong to purchase large insurance policies there, instead from local vendors in mainland China. YOUNGER SUFFERERS OF CRITICAL ILLNESSES. BALANCING ACT The purpose of a critical illness cover is paying for expensive treatments. Indeed, these do not cover all of your expenses related to the purchase of specific drugs or certain treatments, for example. Luckily, some current medical insurance plans in Hong Kong offer critical illness protection to lessen their burdens. Over the last decade, close to 40% of cancer patients were aged 60 and below 3. Hong Kong, 8 February 2018 – FWD Hong Kong recently launched a series of ground-breaking new insurance plans and services. This Critical Illness will be terminated upon such payment and the amount of subsequent Critical Illness Benefit will then be reduced. We will be in touch within 24 hours. Consult our advisors to answer any other questions. Critical illness insurance is a type of insurance that offers a lump sum payment if you are diagnosed with any of the illnesses covered in your critical illness plan. Many current products cover also early stage, minor and juvenile diseases, and the coverage amount differs based on the severity of the illness. Terms and conditions apply. There are often more than 50 illnesses covered in most Hong Kong Critical Illness policies. Whether it is providing in your absence, a legacy planning strategy or perhaps to reduce an estate tax, life insurance can be simple and very useful. Critical Illness Insurance Hong Kong. 中文. Liberty has a Group Critical Illness plan that is targeted at addressing your concerns and we can even customise the plans to suit your needs. Posted on 20/11/2012 by Wealth Management Hong Kong. On the other hand, a critical illness insurance policy provides financial aid in the form of a lump sum payout, in the event you are diagnosed with a critical illness. What is Group Critical Illness Insurance? Login. HSBC Comprehensive Critical Illness Protection Plan … Live your life to the fullest, even if a critical illness happens to strike. Cancel. Please fill out the form below. Please click on the icon and provide your details; and we will be please to call you back as … We have highlighted the best plans for you! Looking for something specific? We have highlighted the best plans for you! Critical Illness Insurance Hong Kong Choosing the best Critical Illness Insurance Cover plan has never been easier. YOUNGER SUFFERERS OF CRITICAL ILLNESSES. EN. Term Life Whole Life Savings. Up to 3 additional payments of Special Disease Benefit . Compare Zurich Critical Illness Insurance in Hong Kong 2020: A Summary of Cancer Protection & Insurance Coverage. Stay protected with Cigna Hong Kong today. In Hong Kong, 59.3% of all registered deaths in 2017 are caused by six types of non-communicable diseases ... injuries and poisoning, and diabetes mellitus 2. Get a supplement to traditional health insurance. Here are some of the best critical illness insurance plans available in Singapore. A fixed lump sum benefit is payable if the insured is diagnosed with a pre-defined illness. 100% premium refund at maturity . Such as cancer, heart attack or stroke. Hong Kong SAR office 18/F, Tower 1, HSBC Centre, 1 Sham Mong Road, Kowloon, Hong Kong The Company is authorised and regulated by the Insurance Authority (IA) to carry on long-term insurance business in the Hong Kong SAR. Hello, would you like us to telephone you back. Hello, would you like us to telephone you back. Critical illness insurance is usually the main course, and early critical illness insurance is the dessert. If you would like to receive a free quote for a Critical Illness Insurance plan in Hong Kong, simply complete the short form at the top of this page and select Life Insurance from the appropriate menu. Secure your health with our Critical Illness Protection Plan that provides financial reassurances for you and your loved ones. It refers to insurance covering events such as diagnosis of dread diseases including cancer, kidney failure, heart attack, stroke and paralysis, amongst others. PRUeShop. It’s okay, we have an example of how they would play out in a person’s life. We compared the best critical illness insurance companies to find the best options for different types of consumers. Critical illness insurance pays out a certain amount of money, usually in a lump sum, upon diagnosis of a critical illness in return for premiums. Critical Illness Insurance Hong Kong Choosing the best Critical Illness Insurance Cover plan has never been easier. Whole Life Critical Illness (“CI”)Insurance mainly covers life threatening diseases. Early Stage CI Insurance seeks to bridge the gap in the case where one is diagnosed with a critical illness but not at the “stage” where it can be covered by a normal Critical Illness policy. Whole Life Critical Illness (“CI”)Insurance mainly covers life threatening diseases. Many current products cover also early stage, minor and juvenile diseases, and the coverage amount differs based on the severity of the illness. Cards Compare Credit Cards. It’s one of the few insurance plans that remove the burden of paying for hospitalisation. Read More Protect against future health events and win peace of mind with the best Critical Illness Insurance plan today! Insured is diagnosed with a pre-defined illness that offer different types of payouts, single. 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