Great Early Cancer Care Special

Great Early Cancer Care Special (GECC-S) from Great Eastern Life Assurance offers Critical Illness insurance for specially selected customers until Dec 31. 2016
(Last updated: Nov 4, 2016 with program extended with GECC-S 2 until Dec 31, 2016)

GECC-S Key Benefits

• Benefits for early stage cancer, intermediate stage cancer & advanced stage cancer
• Payout 50% of Basic Sum Assured (BSA) on early stage cancer (most CI policies payout only on intermediate / advanced stage)
• BSA bounces back from 50% (after claiming 50%) to 100% automatically 6 months after diagnosis date of early stage cancer (recovery benefit)
• 150% BSA  payout upon intermediate / advanced stage cancer
• Total coverage 200% BSA for early, intermediate & advanced stage cancer
• Non-participating plan
• No waiting period between submission of claims
• No medical underwriting
• Coverage until age 80 (most CI plans cover until age 70 only)

Other Benefits

• Death benefit (lump sum): total premium paid OR cash value (whichever is higher)
• Maturity benefit: total premium paid OR 100% BSA (whichever is higher)

GECC Qualifications

• Selected GE customers only with hospital & CI plans, & no prior cancer-related claims
• Age: 30days – 60 next bday
• BSA: Choice of 50/100/150/200/250/300k

Fineprint

• If multiple CI claims simultaneously, highest CI claim applicable
• Policy terminates on intermediate / advanced stage cancer with full payout
• Waiting period of 60 days from policy start date before any cancer claims
• Excluded if caused by AIDS/HIV

Example Scenario: Claims early stage cancer benefit, claims recovery benefit & then claims intermediate/advanced stage cancer benefit

• BSA: RM100,000
• Cancer early stage benefit (50%): RM50,000
• Recovery benefit after 6mths (50%): RM50,000
• Intermediate/Advanced Stage cancer benefit (100%): RM100,0000
• Total Payout (200% of BSA): RM200,000

E&OE. Article is for information sharing purposes only.

Please contact us or your Great Eastern provider for more info.