Unaffordable medical expenses are often the first consequence when a critical illness such as cancer or heart disease strikes, so FTLife has responded by launching the MediSave Medical Account. This helps customers prepare for the possibility that serious illness could strike a breadwinner, or other family member, at any time.
MediSure provides all-round medical protection that includes cover for hospitalisation and surgical treatment up to the unusually high age of 128 years, after premiums have been paid for a limited period. In addition, an inflation protector option, plus family and health bonuses, help hedge against the ever-soaring cost of medical expenses. It also reimburses the cost of treatments after a hospital stay. An overriding MediSave feature is that comprehensive medical coverage is provided at the same time as helping the policyholder to grow wealth.
Three distinctive advantages provide extra medical protection
— First-in-market1 “Family Bonus” — the policyholder can enrol with family members so that every insured person gets extra medical benefit of up to 20% of the sum insured2.
— First-in-market1 “Health Bonus” equals 3% of the sum insured2 for every three years — payable as extra medical benefit — if no medical benefit claim is made during the three-year period (no cap).
— The plan’s inflation protector option raises the sum insured every year3 to help hedge against inflation of medical expenses.