My MultiPay Critical Illness Plan III

*Working adults have inadequate cover if critical illness strikes, says study, The Straits Times (26 April 2018)

¹Terms and Conditions apply. Please refer to the Product Summary for details.

²The CIs claimable under Early or Intermediate Stage are grouped into 3 categories. They are:

• Group 1: For Early Cancer and illnesses relating to major organs
• Group 2: For Heart-related illnesses
• Group 3: For Illnesses related to the nervous system and other systemic conditions

You can make one claim from each group (up to a maximum of two claims) if you are diagnosed with CI (s) that fall under Early or Intermediate Stage. There is no waiting period between the two claims. Please refer to the Product Summary for plan details, the list of CIs and Special Benefits covered under this plan.

³If the Life Assured is first diagnosed to be suffering from any one of the CI listed under Early or Intermediate Stage of CI, 100% of the Sum Assured for each group will be payable in one lump sum. A claim may be made only once from each group up to a maximum of two (2) claims. There is no waiting period between two claims.

⁴If the Life Assured is diagnosed to be suffering from any one of the Severe Stage CI listed under this benefit, 300% of the Sum Assured less any Early and / or Intermediate CI claims paid previously will be payable in one (1) lump sum. Once a claim is made on Severe Stage CI benefit, the Life Assured cannot claim on diagnosis of Early or Intermediate Stages of CI. All future premiums of the plan are waived after this payout.

⁵The definition of Re-diagnosed Cancer, Recurrent Heart Attack and Recurrent Stroke are as below: 

• Re-diagnosed Cancer means cancer for which any of the following conditions are met:
  • The Major Cancer persists for more than 2 years since first diagnosis;
  • The Major Cancer relapses, that is, though recovered temporarily (in remission), the same Major Cancer recurs at the same organ as the preceding Major Cancer;
  • Metastasis of the preceding Major Cancer to other parts of the body; or
  • The new Major Cancer unrelated to the preceding Major Cancer.

Re-diagnosed Cancer must be confirmed by an oncologist on the basis of histopathological diagnosis.

• Recurrent Heart Attack is defined as a separate Heart Attack and not a progression of the previous one(s). The diagnosis must be supported with fresh evidence based on the criteria set out in the definition of Heart Attack of Specified Severity (LIA definition).
• Recurrent Stroke is defined as a separate Stroke and not a progression of the previous one(s). The diagnosis must be supported with fresh imaging evidence consistent with the diagnosis of the Stroke based on the criteria set out in the definition of Stroke (LIA definition).

Terms and conditions apply. Please refer to the Product Summary for details.

⁶Upon diagnosis of first-time Major Cancers, Stroke, Heart Attack, Re-diagnosed Cancer, Recurrent Heart Attack, or Recurrent Stroke, 150% of the Sum Assured will be payable in one (1) lump sum. This layer can only be claimed once. There is a two (2) years waiting period between Layer 2 and Layer 3. The waiting period shall be based on the date of diagnosis. The Policy continues to remain in force after this payout is made. Please refer to the Product Summary for details.

⁷This layer pays 150% of the Sum Assured in one (1) lump sum. There is a waiting period of 2 years between Layer 3 and Layer 4. The waiting period shall be based on the date of diagnosis. The policy will terminate once the Total Benefit Payout i.e. 600% of Sum Assured is made. Please refer to Product Summary for details.

⁸If the Life Assured is diagnosed with any one of the conditions listed in the Product Summary, we will pay an additional 20% of the Sum Assured (capped at S$25,000 per life per condition) of the plan. Upon a claim of this Special Benefit, the Policy remains inforce. The payout of this Special Benefit does not reduce the CI Benefit Sum Assured or the Death Benefit. Each condition can only be paid once and a maximum of six (6) claims can be made under the Special Benefit.

The policy is underwritten by Aviva Ltd.

This is published for general information only and does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person. A copy of the Product Summary may be obtained from Aviva Ltd and the participating distributor's offices. You should read the Product Summary before deciding whether to purchase the policy. You may wish to seek advice from a financial adviser representative, before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser representative, you should consider whether the product in question is suitable for you. 

As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. This is not a contract of insurance. Full details of the standard terms and conditions of this plan can be found in the relevant policy contract.

Information last updated on July 2018.

This policy is protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more informationon the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Aviva Ltd or visit the Life Insurance Association Singapore or SDIC websites (www.lia.org.sg or www.sdic.org.sg).