Bangladesh
Chartered Life Insurance introduces ‘Chartered Surokkha’. The Financial Express, August 16, 2023.
Chartered Surokkha offers protection against 45 critical illnesses, including stroke, cancer, first heart attack, and kidney disease.
China
Huize Partners with Dingcheng Life to Launch ‘Xiao Tao Qi No.2’ - A Customized Child Critical Illness Insurance Product. Dow Jones Institutional News, September 27, 2023.
“Xiao Tao Qi No.2” provides extensive coverage for 190 severe, moderate and mild illnesses. It also includes six optional benefits, including first-time illness care benefits, hospitalization benefits after critical illness, multiple benefits for critical illness, severely extended malignant tumours benefits, family care benefits, and death and total disability benefits.
China
Waterdrop Insurance Marketplace Unveils Blue Ocean LifeTime Health Insurance, Paving the Way for Affordable Premium Healthcare Insurance Solutions. PR Newswire, August 23, 2023.
Blue Ocean LifeTime is a million-yuan medical insurance policy, in partnership with Pacific Health Insurance Co., Ltd. The policy offers coverage for 120 commonly diagnosed critical illnesses and extends coverage for sophisticated overseas treatments.
Hong Kong
Manulife Hong Kong launches new Manulife Bright Care PRO plan offering market-first late-stage cancer treatment benefit. Press release, July 25, 2023.
Manulife Hong Kong announced the launch of Manulife Bright Care PRO, a specially designed critical illness plan providing extensive coverage for up to 123 critical illnesses and diseases up to the age of 100. The plan offers coverage for late-stage cancer treatment and coverage for ADHD, as well as protection against other juvenile conditions.
Singapore
Swiss Re and Income Insurance co-launch Singapore’s first cancer insurance product with guaranteed post-cancer term option. ENP Newswire, August 28, 2023.
Complete Cancer Care is a first-in-market cancer insurance product that offers a guaranteed post-cancer term option and support throughout. It provides monthly pay-outs and a premium waiver benefit. It also offers a hospice care benefit to support patients during palliative care. The product is available for those up to 74 years old, with coverage to a maximum age of 84.
United Kingdom
Zurich reveals crafted critical illness protection giving policyholders more flexibility at different stages of life. Press release, September 7, 2023.
Zurich UK has enhanced its critical illness proposition to offer customers bespoke packages of targeted cover. Zurich now offers its critical Illness cover at three levels. The first and most affordable is “Critical Illness,” which is designed for those who want quality cover for the most claimed-on conditions at a competitive price. For clients who want its most comprehensive cover at a competitive price, Zurich now offers “Critical Illness Enhanced.” Zurich also has added an entirely new level of cover, “Critical Illness Enhanced Plus,” designed for clients who want market-leading cover and pay-out levels.