Comprehensive medical coverage in times of need
In the current climate of constant medical cost inflation, receiving the proper healthcare that you deserve can be a large financial setback, particularly in times of unexpected medical emergencies. With this growing concern in mind, we’ve developed a plan that makes the best of its valuable features to safeguard you and your loved ones in times of need.
Meet SmartMedic Million – an investment-linked medical rider that offers you comprehensive medical and hospitalisation benefits, with four types of Hospital Room and Board. You’ll also be protected until the age of 100 years next birthday, and can choose to attach an optional rider that extends your yearly medical coverage by an additional RM2 million.
To top it all off, enhance your SmartMedic Million plan by attaching SmartMedic Million Plus – an optional add-on rider that waives your deductible and provides additional financial support in the event of hospitalisation or accidental death. This way, you can fully focus on getting better, with secure medical coverage that you can always count on.
Key benefits – SmartMedic Million
Comprehensive medical benefits with minimal deductible per disability
SmartMedic Million grants you access to various comprehensive medical benefits with a deductible of RM300 per disability1 . The plan’s key benefits include pre- and post-hospitalisation treatments, outpatient cancer and kidney dialysis treatments, dengue fever and Zika virus treatment, ICU expenses, surgical fees and more1 .
Regular increments to the Hospital Room and Board Limit
A 10% increase to your Hospital Room and Board Limit at the end of every 3 policy years2 , up to a cumulative total of 100% the initial Hospital Room and Board limit1 .
High Overall Annual Limit, no Overall Lifetime Limit
This plan offers a high Overall Annual Limit up to RM2,000,000 which refreshes every year, depending on your selected plan option and no Overall Lifetime Limit1 .
Optional rider to further extend your Overall Annual Limit
You can choose to attach SmartMedic Million Extender, an optional rider that extends the Overall Annual Limit of your selected SmartMedic Million plan by an additional RM2,000,0001 .
Protection up to age 100 years next birthday
With SmartMedic Million, continuous medical protection up to age 100 years next birthday will further assist you in facing any unforeseen circumstances, even in your golden years1 .
Key benefits – SmartMedic Million Plus
Deductible waiver for your SmartMedic Million plan
SmartMedic Million Plus waives the RM300 deductible of your SmartMedic Million plan, giving you one less thing to worry about during medical emergencies1 .
Higher Daily Cash Allowance
In the event of hospitalisation at a Malaysian government hospital, you can rest assured and focus on your recovery with an additional Daily Cash Allowance of RM150 per day4,1 .
Prolonged coverage for Post-Hospitalisation Treatment
This rider prolongs the coverage for your post-hospitalisation treatment as offered by SmartMedic Million beyond 90 days, from the 91st day to the 200th day after your hospital discharge1 .
Additional protection for accidental death
In the event of accidental death, SmartMedic Million Plus provides an additional payout of RM20,000, on top of the existing accidental death benefit of SmartMedic Million1 .
Daily Guardian Benefit
There will be a reimbursement of RM150 per day3 for expenses incurred for meals and lodging by guardians while accompanying you in the hospital1 .
Footnotes and disclaimers
Please do take note of the below to ensure you fully understand what this product does and does not cover.
1 Terms and conditions apply.
2 Calculated from SmartMedic Million’s Risk Effective Date.
3 Up to a maximum of 180 days per policy year.
4 Up to a maximum of 120 days per policy year.
* The insurance charges are not guaranteed and may be revised due to adverse claims experience.
SmartMedic Million, SmartMedic Million Extender and SmartMedic Million Plus are unit deduction medical riders attachable to selected regular premium investment-linked insurance plans. These plans are insurance products that are tied to the performance of the underlying assets, and are not pure investment products such as unit trusts. The insurance charge to be imposed will be deducted from the total investment value of your policy on a monthly basis. You may stop paying premiums under the policy and still enjoy protection as long as there is sufficient total investment value to pay for the insurance charge. However, there is a possibility of the policy lapsing when the required charges, including rider charges exceed the total investment value of the fund units available. Purchasing too many unit deduction riders may deplete the fund units.
You have the option to include SmartMedic Million Extender and/or SmartMedic Million Plus to your investment-linked insurance plan; however, they must be attached together with SmartMedic Million. If SmartMedic Million Extender and/or SmartMedic Million Plus are subsequently included to your investment-linked insurance plan after your coverage under SmartMedic Million becomes effective, then the first policy year of SmartMedic Million Extender and/or SmartMedic Million Plus will be adjusted accordingly and will be shorter than a year. For subsequent years, the policy anniversary of SmartMedic Million Extender and/or SmartMedic Million Plus will coincide with SmartMedic Million’s policy anniversary.
You should satisfy yourself that these riders will best serve your needs and that the premium payable under the policy is an amount you can afford. A free-look period of 15 days is given for you to review the suitability of the Medical and Health Insurance (MHI) product. If a rider is cancelled during this period, the policy owner is entitled to the reinstatement of the units deducted for the payment of insurance charge after net of expenses incurred for the medical examination, if any. If you switch your Medical Policy/Rider from one company to another or if you exchange your current Medical Policy/Rider with another Medical Policy/Rider within the same company, you may be required to submit an application where acceptance of your proposal will be subject to the terms and conditions to be imposed at the time of Policy/Rider switching or replacement.
The above is for general information only. It is not a contract of insurance. You are advised to refer to the Product Disclosure Sheet, consumer education booklet on MHI and sample policy documents for detailed important features and benefits of the plan before purchasing the plan. The exclusions and limitations of benefits highlighted above are not exhaustive.
If there is any discrepancy between the English, Bahasa Malaysia and Chinese versions of this brochure, the English version shall prevail.
Information correct as at 1 September 2021.
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