In the face of escalating medical costs today, keeping yourself covered medically is of utmost importance – anything can happen at any time and it is best to be prepared for any health and medical issues that crop up.
To this end, Allianz Malaysia Berhad has launched MediSafe Infinite+ and MediAdvantage to offer Malaysians improved medical coverage locally and overseas.
Underwritten by Allianz Life Insurance Malaysia Berhad – the life insurance arm of Allianz Malaysia, both products serve as riders to Allianz PowerLink – a protection focused Investment-Linked Plan.
Essentially, MediSafe Infinite+ covers your hospitalisation expenses in Malaysia while MediAdvantage will afford customers access to overseas medical treatment.
“Allianz PowerLink has been a mainstay of our product offering and we want to offer Malaysians options to better healthcare. By introducing these two riders, Malaysians can exercise flexibility in exploring different medical coverage that suit their needs, whether locally or overseas.
“When it comes to health, having the flexibility to choose treatment options can be a real game changer,” said Allianz Life Insurance Malaysia Berhad CEO Joseph Gross.
MediSafe Infinite+ is a new primary medical rider for Allianz PowerLink. It works as a medical insurance offering comprehensive hospitalisation and surgical coverage.
It also offers extensive cancer coverage, which allows customers to gain access to new medical technologies in cancer treatment such as genomic testing, targeted therapy, hormonal therapy and immunotherapy.
The rider also offers No Claim Refund of up to 20% of the Cost of Insurance if no claim is made during the policy year. In addition to that, there is access to Global Expert Medical Opinion (GEMO) as well as high overall annual limit and no overall lifetime limit.
Moreover, MediSafe Infinite+ also allows pre-born entry (14-35 weeks into pregnancy).
The coverage is available across seven plans:
• Plan 150: RM850,000
• Plan 200: RM1.5mil
• Plan 250: RM1.6mil
• Plan 300: RM1.7mil
• Plan 350: RM1.8mil
• Plan 400: RM2mil
• Plan 500: RM2.5mil
Besides that, customers also have the flexibility to choose deductible levels of RM5,000, RM10,000 or RM30,000 per annum to suit their protection and affordability needs.
For plans with a deductible, a Retirement Option is offered to convert the deductible plan to a zero deductible plan at the age of 60 for an added layer of protection in their twilight years.
MediAdvantage, on the other hand, is an overseas medical plan offering overseas Hospitalisation and Surgical (H&S) benefits to complement the medical protection provided by MediSafe Infinite+.
MediAdvantage functions as a protection package that offers customers a seamless experience when seeking medical treatment overseas for five medical conditions and treatments – cancer, coronary artery bypass surgery, heart valve surgery, live-donor organ and bone marrow transplant and intracranial and specific spinal cord surgery.
MediAdvantage also allows customers the option to seek a second medical opinion from medical experts to determine the best available treatment plan for them.
When seeking overseas medical treatment, MediAdvantage offers cashless experience for medical and non-medical expenses, such as transportation and accommodation expenses incurred during the overseas medical treatment, Daily Hospitalisation Indemnity benefits (during medical treatment overseas) as well as In-Country Medication Benefit and Overseas Follow-up Care.
MediAdvantage is available in two plans (Plan 1 and Plan 2):
Coverage for Plan 1
• Overseas Medical Treatment Benefit Annual Limit of US$1mil
• Overseas Medical Treatment Benefit Lifetime Limit of US$2mil
Coverage Plan 2
• Overseas Medical Treatment Benefit Annual Limit of US$2mil
• Overseas Medical Treatment Benefit Lifetime Limit of US$4mil
In addition, Plan 2 is a VIP plan where customers will enjoy Business Class travel and five-star hotel accommodation, where available, giving the customer a more comfortable experience when seeking medical treatment overseas.
Choose the best plan for you and your family and rest assured that you are well covered when you need it most.