Are you covered for Critical illness?

The other day, met up my client to review her daughter's policy. She was concerned on her daughter's critical illness coverage.

My client had a carsinoma in-situ of her breast back in 20 years back. Carsinoma in-situ in layman term is pre-cancer. Upon that time, she had only one policy that  covers for critical illness with sum assured RM 50,000. upoon diagnosis, it's not pay out as the critical illness policy only pay out during a terminal illness (end stage cancer)

Upon getting cancer,  my client would like to buy for extra coverage for critical illness, but failed. That's why she would like to top up her daughter critical illness coverage.

In these 20 years, due to better advancement on medical industry, insurance companies considering that factor also update for the products. Today, the early cancer can be paid out in a sum that you wish to cover.

In conclusion, there is two messages for you:

1) Buy insurance when you are healthy.

2) Review insurance from time to time.