MAA Takaful CancerCare

MAA recently launched a standalone comprehensive cancer plan that covers all forms of cancer.

Product Features:

• For 10 gender-specific cancers, benefits are paid at the 1st stage of cancer
• Entry ages: birth to age 65
• Expiry age: 75
• Coverage: RM25,000 to RM500,000
• Contribution starts from RM67 p.a.
• Extra 25% benefits on male cancers: lung, prostate, colon, small intestine, nasopharyngeal and female cancers: cervical, uterine, ovarian, breast, vagina
• Advanced payment of 25% benefits at the stage of Carcinoma in Situ
• Funeral expenses: RM10,000
• Surplus sharing: 50%

Other information:

• Target contribution for this product in 1st year: RM10 mil
• Secured 138 certificates since launch in early July
• Products in the pipeline: capital-protected endowment, medical plans, specialised PA

Source: The Star