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We understand that hospitalisation can cause loss of income and strain your finances. You can complement your existing hospitalisation plans with China Life MediCash Guardian and receive a guaranteed income while you are hospitalised. This is a yearly renewable plan that provides a cash payout for each day of confinement in a hospital due to an illness or an accident which means that you can use this income to pay for alternative treatments or for your other needs, giving you peace of mind to focus on your recovery.

Key Benefits:

Daily Hospital Cash Benefit1,2,3

Receive lump sum recovery payment4,5

Automatic Yearly Renewable6

Choose the plan that suits your needs

Summary of Benefits

Details Plan 1 Plan 2 Plan 3
Daily Hospital Cash Benefit (due to Illness)1 S$50 per day S$100 per day S$200 per day
Daily Hospital Cash Benefit (due to Accident)2 S$100 per day S$200 per day S$400 per day
Additional Daily Hospital Cash Benefit
(Confinement in the Intensive Care Unit)3
S$150 per day S$300 per day S$600 per day
Recuperation Benefit for Non-Surgical Hospitalisation4 S$50 per hospitalisation S$100 per hospitalisation S$150 per hospitalisation
Recuperation Benefit for Post Surgery, including day surgery5
  • Post Surgery I(TOSP** 1 – 4)
  • Post Surgery II(TOSP** 5 – 7)
S$200 per surgery
S$2,000 per surgery
S$300 per surgery
S$3,000 per surgery
S$400 per surgery
S$4,000 per surgery
** “TOSP” refers to the prevailing Table of Surgical Procedures as published by the Ministry of Health, Singapore

We reserve the discretion to determine the amount of Recuperation Benefit payable for surgical procedures not classified under the TOSP.

Annual Premium

Age Last Birthday Plan 1 Plan 2 Plan 3
0-17 S$70 S$105 S$180
18-29 S$100 S$155 S$260
30-39 S$140 S$215 S$355
40-49 S$185 S$305 S$505
50-54 S$250 S$385 S$645
55-59 S$320 S$500 S$830
60-64 S$405 S$680 S$1,140
65-69 S$500 S$875 S$1,595
70-74 S$690 S$1,215 S$2,205
75-77*** S$830 S$1,395 S$2,540
78-79*** S$995 S$1,675 S$3,045
80-82*** S$1,340 S$2,260 S$4,115
83-84*** S$1,815 S$3,055 S$5,555
*** For renewal only for ages above 75
Premiums above are for standard life and exclude prevailing GST.
Footnotes:

1. Up to S$200 per day and will be payable for each day that the life insured undergoes hospitalisation due to an illness, up to a maximum period of 500 days (or 30 days for non-emergency hospitalisation outside Singapore) for each illness.

2. Up to S$400 per day and will be payable for each day that the life insured undergoes hospitalisation due to a bodily injury sustained as a result of an accident, up to a maximum period of 500 days (or 30 days for non-emergency hospitalisation outside Singapore) for each accident giving rise to the bodily injury.

3. Additional Daily Hospital Cash Benefit will be payable for each day that the life insured undergoes hospitalisation in an intensive care ward of a hospital due to an illness or injury, up to a maximum period of 30 days for each illness or accident giving rise to the injury.

4. Recuperation Benefit for Non-Surgical Hospitalisation will be payable in one lump sum for each hospitalisation (without any surgery performed during the hospitalisation) undergone by the life insured due to illness or injury.

5. Recuperation benefit for Post Surgery will be payable in one lump sum for each surgery undergone by the life insured due to illness or injury. The amount payable under this benefit will depend on the classification of the surgery in the TOSP table

6. Renewal of the policy is not guaranteed. The policy may be renewed upon payment of the required premium on or before the renewal date of the policy, unless that insurance of the life insured had ended due to:

  1. Death of the life insured;
  2. We receive the policy owner’s request for cancellation in writing;
  3. Automatically on the policy anniversary following the life insured’s 85th birthday; and
  4. We gave 30 days written notice that the policy will not be renewed.
Note:

Buying an accident and health policy that is not suitable for you may impact your ability to finance your future healthcare needs. The information in this advertisement is for general circulation only and does not take into account the specific investment objectives, financial situation or particular needs of any specific person. You should seek advice from a financial adviser regarding the suitability of the policy before making a commitment to purchase. In the event that you choose not to do so, you should consider whether the product in question is suitable for you. This advertisement is not a contract of insurance. Please refer to the policy contract for the exact terms and conditions, specific details and exclusions. This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association, Singapore or SDIC websites (www.lia.org.sg or www.sdic.org.sg). In case of discrepancy between the English and Chinese versions of this advertisement, the English version shall prevail. This advertisement has not been reviewed by the Monetary Authority of Singapore. Information is correct as at July 2020.