Chubb Life Hong Kong has launched the Chubb Care Critical Illness Series, a flagship suite of health solutions featuring market-first flexible payout options and unified cross-border premiums, designed to give customers greater flexibility and financial control at every stage of their health journey.
The series aims to address a significant coverage gap in Hong Kong by offering comprehensive protection for customers across a range of health backgrounds, including those with a history of critical illness.
Chubb Care Critical Illness Series addresses these varied health profiles through these options:
- Chubb Every Care Critical Illness Insurance Plan (Chubb Every Care): Designed for healthy individuals, with coverage for 146 illnesses and up to 800% protection.
- Chubb Cancer / Cardio / Diabetes Care Critical Illness Insurance Plan (Chubb Cancer/ Cardio/ Diabetes Care): Designed for cancer survivors, individuals with cardiovascular disease and those with well-controlled diabetes respectively with a simplified underwriting approach, offering up to 300% protection for up to 128 illnesses.
The series is designed for customers with different health needs and encompasses groundbreaking first-in-market features, including:
- Flexible payout options: Offers a standby cash option for an additional 100% of the sum assured, or an ongoing protection option for continuing coverage up to five additional claims under Chubb Every Care.
- Reimbursement for out-of-pocket items: Covers eligible self-financed drugs and/or privately purchased medical items for cancer, heart attack, and stroke.
- Post-recovery & advanced care: Delivers extra 20% of the sum assured for appearance restoration and side-effects resulting from cancer and its treatments, plus an additional 20% of the sum assured if a condition progresses to advanced stage cancer, severe heart attack or severe stroke.
To support customers residing in both Mainland China and Hong Kong, the series also features unified premiums for Hong Kong and Chinese Mainland customers and recognizes health reports from designated mainland hospitals. Other key benefits include a simplified underwriting process, an exceptional leverage ratio and one-stop dedicated medical case management team led by a family doctor.
Mr Alex Wong, Chief Customer Proposition Officer of Chubb Life Hong Kong, said, “Many individuals who have recovered from a critical illness may find themselves without insurance protection after their first diagnosis, leaving them financially exposed if the illness returns. With the launch of Chubb Care Critical Illness Series, we are helping to address this uncertainty by giving customers greater choice and practical support at every stage of their health journey, so they and their families can navigate the future with confidence. Chubb Life Hong Kong is committed to delivering forward-looking health solutions that respond directly to our customers’ evolving needs.”