, Singapore
440 views
Photo from Pixabay

SG’s Income Insurance, Swiss Re reveal first post-cancer term option

The coverage is available to patients aged 74 to 54 years old.

Swiss Re has partnered with Singapore’s Income Insurance to introduce its first cancer insurance product known as Complete Cancer Care. 

The new service offers financial aid with a guaranteed post-cancer term option and comprehensive support throughout the journey from diagnosis to recovery.

It comes with monthly payouts and a premium waiver benefit, in addition to the more traditional offerings that primarily involve lump sum payments upon diagnosis. 

ALSO READ: Markel names ex-Swiss Re head of casualty as its Asia chief of underwriting

Monthly payouts are available in 12 months and 24 months. Patients can choose from Care 50 with 0.5% of sum assured or Care 100 with 1% of the sum assured.

It also incorporates a hospice care benefit designed to assist patients during palliative care.

To address Singapore's ageing population, the product's entry age is the highest in the market, allowing individuals to enter and utilise the coverage between 74 years old and 84 years old.

 

Follow the link for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!