Friday, 14 September 2012

Ladies Lifestyle Protection Insurance Case Study

Breast cancer survivor
Breast cancer survivor
MSIG’s Ladies Lifestyle Protection Insurance is an insurance plan exclusively for ladies and offers peace of mind by providing protection for health conditions of particular concern to the fairer gender.

Ladies Lifestyle Protection provides lump sum payment up to the Sum Insured if you are diagnosed as having a specified critical illness and survive for at least 14 days after diagnosis.






Case Study
At 43, Jennifer is happily married with 2 little girls. She was diagnosed with Stage 2 breast cancer. She underwent a mastectomy as recommended by her doctor and went through the cycles of chemotherapy & radiotherapy sessions. She has been cancer-free so far.
“I enjoy my life even more now and what I have learnt is
  • Care for your health and plan your finances ahead of time
  • Illness does not affect the patient alone. It affects the whole family
  • 1 in every 19 Malaysian women gets breast cancer
  • Survival rate is high and cost of surviving is equally high
  • It’s also not just about surviving, it’s also about the ability to ensure the family’s lifestyle continues.
Not only do we need to worry about the financial responsibilities but it is important to us that our kids lifestyle are not too drastically affected. So yes, I am glad to have purchased MSIG’s Ladies Critical Illness policy when it was recommended our insurance adviser.
The extra RM100,000 came in handy to complement our medical and other insurance plans and as well provide for the loss of income and extra home help we needed most. There are also medical aids we bought. It also helped us to have a short family holiday, which we really needed with the kids.
Thank you for giving me more time with my family. I will treasure every moment”.
Consider this
  • Do you think you will survive more than 14 days if you are unfortunate victim of a critical illness?
  • Do you have RM100,000 ready cash as emergency funds?
  • If yes, how long did it take you to save that RM100,000?
  • If you need emergency funds, where would it come from?
For Jennifer’s case her annual premium was RM885 for a RM100,000 cover. The insurance premium qualifies for yearly Medical Insurance Tax Relief.

Lady Lifestyle Benefits and Annual Premium
Lady Lifestyle Benefits and Annual Premium
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