If a customer has two valid health insurance policies, GIC will reimburse medical treatment expenses within the coverage scope of the policy. The total reimbursement amount will not exceed either the actual medical invoice or the combined benefit limit of the two policies, whichever is lower.
Yes. The benefits for cancer diagnosis, hospitalization allowance, and death due to illness are paid independently. Therefore, if the customer has already received cancer or hospitalization benefits but later dies from cancer, the death benefit will still be paid according to the sum insured stated in the insurance certificate/policy.
No. The hospitalization allowance does not limit the number of days per treatment episode. However, within one policy term, the maximum payable days are: 45 days for hospitalization due to early-stage cancer. 90 days for hospitalization due to advanced-stage cancer.
Cancer Insurance provides benefits when the customer is unfortunately diagnosed with cancer. The benefits are paid independently, including: Cancer insurance benefit. Hospitalization allowance for cancer treatment. Death benefit due to illness.
While the policy remains in force, the Policyholder has the following rights: Change the Protection Plan. Adjust the Sum Assured. Exercise the Guaranteed Increase in Sum Assured option. Add optional riders. Make additional premium contributions. Withdraw funds from the Policy Account Value. Terminate the insurance policy before maturity. Other rights in accordance with applicable laws […]
The premium payment term is equal to the policy term. However, customers are not required to pay premiums throughout the entire policy term. The mandatory premium payment period is the first 4 policy years. During this period, the policy may lapse if the basic premium is not paid fully and on time. From the 5th […]
Pru – Maximum Protection is a life insurance product under the Universal Life Insurance category. Therefore, the product provides both: Risk protection benefits in case the insured dies or suffers Total and Permanent Disability (TPD), and Investment benefits through the policy account value.
Prudential will not pay the death benefit if the insured dies due to any of the following causes, whether directly or indirectly: Suicide or self-inflicted injury within two years from the date the first basic premium is paid or the most recent policy reinstatement date. Criminal acts or intentional misconduct by the Policyholder causing harm […]
The product provides the following benefits: Risk protection benefits: protection against death and/or total and permanent disability. Investment benefits: premiums are allocated into Prudential-managed unit-linked funds, and customers receive the full investment results while bearing the associated investment risks. Maturity benefit: receive 100% of the policy account value. Account value bonus benefits: Growth Bonus Loyalty […]
Pru – Steady Investment Growth is a life insurance product under the Pru-Linked Insurance (unit-linked insurance) category. Policy benefits are clearly separated between: Risk protection benefits (applicable in cases of death and/or total and permanent disability), and investment benefits Insurance premiums will be allocated into unit-linked funds, which are invested in financial markets. The Policyholder […]