Chubb launches critical illness plans for recovered patients
SingTao · 1 SOURCESabout 2 hours ago2 MIN
Summary
Chubb Life Hong Kong has introduced the "Chubb My Protection" critical illness insurance series with four plan options aimed at widening access to coverage.
Besides a plan for healthy individuals, the series also includes dedicated plans for cancer survivors, people who previously had cardiovascular disease, and patients with stable diabetes.
The insurer said the launch is intended to fill protection gaps in Hong Kong by offering more comprehensive coverage across different health stages.
Chief Customer Value Officer Wong Chi-kit said people who have recovered from serious illness often lose protection after a first diagnosis and may face heavy financial pressure if the disease returns.
Key Points
- The new series contains four options, including one for healthy customers and three dedicated plans for specific pre-existing health conditions.
- Chubb said the dedicated plans target cancer survivors, people with prior cardiovascular disease, and customers with stable diabetes through simplified underwriting.
- Depending on the plan, coverage extends to as many as 128 illnesses and offers total protection of up to 300% of the sum insured.
- For the healthy-person plan, two flexible payout choices include an immediate extra 100% sum insured or ongoing protection with up to five additional claims.
- Reimbursement support covers eligible self-financed drugs or medical items for cancer, heart disease and stroke, with extra benefits for rehabilitation and advanced care.
Why It Matters
The product series broadens access to critical illness insurance for Hong Kong residents who may have struggled to buy protection after recovering from major disease.
Its design also points to more tailored underwriting and payout structures in a market where standard plans may not meet the needs of people with prior medical conditions.