LIVING BENEFITS

Hong Kong

AIA Hong Kong to Launch Market-First Critical Illness product "AIA Assemble" . PR Newswire Asia, May 18, 2023.

AIA Assemble offers customers the freedom to select critical illness covers for multiple cancer, cardiovascular, neurological, and other illnesses. Multiple Cancer Cover offers up to five additional cancer claims.

Oman

Bank Muscat and Metlife Introduce Comprehensive Critical Illness Insurance Plans. Oman Daily Observer, May 31, 2023.

Bank Muscat and MetLife signed a 10-year agreement to offer a basket of innovative insurance solutions to the bank’s customers. The bancassurance products include coverage for critical illness, family protection, and travel.

Singapore

Manulife CI Flexicare. Product brochure, June 2023.

The plan covers up to 126 critical illnesses (CI), including early, intermediate, and advanced stages. The customer can add the CoverMeAgain Booster Rider. The rider pays 100% sum assured, for up to four claims, after a claim-free year and a recurring / relapse Major CI.

Singapore

Singlife Cancer Cover Plus. Product brochure, June 2023.

The Cancer Cover Plus is a medical plan that offers protection against hefty medical bills from cancer treatments. With this plan you can significantly reduce your out-of-pocket cancer treatment expenses both locally and overseas.

South Korea

Lotte Insurance Launches Korea Travel Insurance for Foreign Tourists. The Korea Times, April 24, 2023.

Lotte Insurance has launched an insurance product for foreign tourists visiting Korea in partnership with Creatrip, a Seoul-based travel information platform.

United Kingdom

Bluezone Launches Life Insurance Solution for Type 2 Diabetes Patients. Press release, June 6, 2023.

Insurtech Bluezone has launched its first policy in the UK, and it is targeted at those with Type 2 diabetes. The solution offers any individuals with Type 2 diabetes life insurance cover in a digital journey. Bluezone will be working with leading insurer Covéa Life and global reinsurer Gen Re to facilitate the new and unique life insurance policy. 

Singapore

Guardian Announces New Critical Illness Insurance Employee Benefit. Press release, June 15, 2023.

The enhanced critical illness insurance product gives employers more flexibility to help ensure overall well-being for employees and their loved ones through all stages of life. The product includes optional family planning support through infertility treatments, pregnancy, and delivery complications. Guardian also doubled the number of covered diseases and conditions and is the first to offer coverage for preventative measures taken due to having a BRCA1 or BRCA2 genetic mutation.

Singapore

New Long-Term Care Solution for Couples Eliminates the Guesswork of Who Will Need Care. Press Release, June 12, 2023.

Nationwide CareMatters Together is the first cash-indemnity, linked benefit solution designed for two lives. The new long-term care solution gives couples the flexibility to use a pool of benefits either entirely by one person or shared between them both.