China Life Critical Trio
Cancer, Heart Attack and Stroke are known as the top 3 critical illnesses that account for more than 90% of critical illness claims1. Knowing this, we provide you with one simple way to safeguard you from life’s unfortunate events through a critical illness insurance policy. Introducing to you, China Life Critical Trio, a yearly renewable2 insurance plan that covers the top 3 critical illnesses — Cancer, Heart Attack and Stroke. With China Life Critical Trio, you will be able to focus on your recovery by easing your financial burden.
Product Features
Critical Illness (CI) Benefit3
Death Benefit4
Choice of Sum Insured
Guaranteed Renewable
Simple and Easy Application
Distributed By
2. This is a yearly renewable plan and the policy term is 1 year. At the expiry of the policy term, this policy shall be renewed automatically for the same plan type, without further evidence of insurability, at the end of the policy term for another 1 year period, provided always that all of the following conditions are met:
- this policy is in force and there is no outstanding premium immediately before the date on which the renewal takes effect;
- we have received and accepted the renewal premium on the date on which the renewal takes effect;
- the life insured has not reached age 100; and
- no claim has been made on or admitted under this policy.
At each renewal, premium will be based on the prevailing premium rates at the attained age of the life insured.
If you do not wish to renew your policy, you must inform us in writing no later than 30 days before the end of your policy term, otherwise your policy will be automatically renewed as stated above.
3. If the life insured is diagnosed with advance stage of Cancer, Heart Attack or Stroke, we will pay 100% of the sum insured, less outstanding premium (if any) and future instalment premiums which are required to make up the full policy year’s premiums (if any). The policy terminates thereafter.
The CI Conditions payable is subject to the CI per life limit of SGD3,000,000 (or SGD1,000,000 for juvenile) as aggregated with other policies and riders issued by us on the same Life Insured. Please refer to the policy contract for definition of juvenile.
4. Upon the death of the life insured within the policy term, we will pay a lump sum of SGD 5,000 less outstanding premium (if any) and future instalment premiums which are required to make up the full policy year’s premiums (if any). The policy terminates thereafter.
You should seek advice from a financial adviser representative before making a commitment to purchase the plan.
Buying a life insurance policy is a long-term commitment. As this product has no savings or investment feature, there is no cash value if the policy ends or if the policy is terminated prematurely. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. Premiums are not guaranteed and may be adjusted based on future claims experience.
This marketing material is for reference only and does not consider your specific investment objectives, financial situation or needs. It is not a contract of insurance and is not intended as an offer or recommendation to purchase the plan. The specific details applicable to this insurance plan are set out in the policy contract. In case of discrepancy between the English and Mandarin versions, the English version shall prevail.
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 information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg, www.lia.org.sg, www.sdic.org.sg).
This advertisement has not been reviewed by the Monetary Authority of Singapore. Information is correct as at 1 Mar 2023.