MANULIFE Cambodia unveiled a new insurance plan offering financial protection of up to $100,000 for conditions related to critical illness, including cancer and heart ailments, to ease the costs of treatment so people can focus on recovery.
“As the public awareness towards life insurance and the industry grow rapidly, it’s the right time for us to bring this innovative product to Cambodia. The survival rate for critical illnesses such as cancer, heart diseases and stroke is high if the diagnosis and treatment are done early,” said Robert Elliott, chief executive officer and general manager of Manulife Cambodia, “but with the cost of treatment mounting, we are very pleased to offer the Manulife critical illness benefit to help people focus on recovery rather than finances”.
The Manulife critical illness benefit will pay out 50 percent of face value, up to $25,000, on the first diagnosis of any covered early-stage critical illnesses.
It also offers a waiver of premiums upon payout of the major-stage critical illness, which is designed to help relieve the burden on people during a difficult time. Photos by Hong Menea