It will provide financial support for cancer patients as early as Stage I/II.
AXA Hong Kong launched CritiPartner Plus Critical Illness Plan (CritiPartner Plus), which will provide no waiting period for Stage III/IV cancer patients. In addition to paying 100% of the sum insured in a lump sum, Stage III/IV cancer patients will receive immediate and continuous monthly payouts for up to 5.5 years.
For Stage I/II cancer patients, AXA Hong Kong will provide continuous monthly financial support just 1.5 years after the diagnosis of cancer, which equates to 5% of the sum insured as income replacement.
CritiPartner Plus’ also provides a Caregiver Benefit, offering additional monthly payment for parents who temporarily stop from work to care for their children. If, unfortunately, the parent who owns the policy passes away at or before age 75, and at the time of such parent’s death the insured child is below age 18, AXA HongKong will keep the insured child protected until he or she reaches age 25.
Other benefits of the plan include the protection of minor illnesses related to chronic diseases, and allow multiple claims for 59 major illnesses, such as heart attack and stroke and many others, providing customers with more all-round protection for the insured person up to the age of 85.
In 2016, the Hospital Authority’s cancer data revealed that colorectal cancer ranked as the most common cancer in Hong Kong, whilst lung cancer is the leading cause of death, with the highest mortality rate. The survey also revealed that 44% of Hong Kong people worry that they are unable to afford the long-term care and medical treatment if they are diagnosed with critical illness.
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