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Severity-Based Health Protection · Life Insurance
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As cancer treatments become more specialised, and unknown diseases emerge, your treatment options can lead to uncertainty about medical costs and cover.
To ease your mind, AIA has created an innovative, first-in-market cancer protection that determines your claims based on severity. Unlike plans that pay you based on your diagnosis, AIA One Absolute - Cancer & Serious Infectious Disease Protection provides payments of up to 160% of your Sum Assured based on an objective assessment of the severity of the insured's medical journey for cancer and carcinoma-in-situ. We calculate claims using our transparent scoring table, which you can check for yourself, giving you a greater sense of certainty about your claim. We have also added cover for serious infectious diseases, like COVID-19△ and even possible future global outbreaks. You can enjoy a permanent 20% premium discount^ above a specified Sum Assured, and an instant 10% premium discount for the first year if you join AIA Vitality.
△ Applicable while COVID-19 is still a PHEIC according to the World Health Organization (WHO).
^ Applicable to the standard premiums of this plan only.
Limited time offerApply now to enjoy 1% premium refund. |
Terms & conditions apply. Details please download and refer to the promotion leaflet.
AIA One Absolute – Cancer & Serious Infectious Disease Protection is a severity-based health protection insurance plan that offers life insurance and health protection based on the severity of cancer and carcinoma-in-situ, while providing cover for any existing or unknown serious infectious disease that is a Public Health Emergency of International Concern (PHEIC) according to the World Health Organization (WHO).
We will pay 20% of Sum Assured# if the insured, who is the person protected under the policy, is diagnosed with a disease that is a PHEIC according to the WHO within 1 year after the diagnosis and he / she has stayed in the ICU for 3 or more consecutive days as a result of that disease.
If you undergo surgery, treatment or hospitalisation for cancer or carcinoma-in-situ, you can estimate your claim using our transparent Severity Index. Just follow these easy steps.
With AIA One Absolute – Cancer & Serious Infectious Disease Protection, you can choose a high degree of protection for the peace of mind you deserve no matter what the future brings. To help you make the most of your protection, we offer a permanent 20% premium discount for a Sum Assured of US$250,000/HK$1,875,000/MOP1,875,000 or above.
This discount is only applicable to the standard premiums of this plan and shall not apply to any extra premiums due to loading.
If the insured passes away, we will pay the death benefit to the person whom you select in your policy as beneficiary. The death benefit will be equal to 100% of Sum Assured, the protection amount that you have purchased, less any payments made under the Severe Condition Benefit and Serious Infectious Disease Benefit.
Once claims reach:
i. 100% of Sum Assured under the Severe Condition Benefit and Serious Infectious Disease Benefit; or
ii. 40% of Sum Assured under the Extra Benefit on Extremely Serious Condition,
all subsequent premiums of this plan will be waived. Add-on plans (if any) attached to this plan will remain in force and provide cover if their respective premiums continue to be paid.
On or before the anniversary of cover immediately following the insured’s 70th birthday, the plan can be converted into a whole life protection insurance plan without requiring additional health information, subject to increase in premium and choices of products then made available for the purpose of this privilege.
AIA One Absolute – Cancer & Serious Infectious Disease Protection provides 2 renewal periods for you to choose from: 1 year and 5 years. For your convenience, we offer this policy in US dollars and HK dollars. If the policy is issued in Macau, you can also choose Macau pataca as the currency.
Pick one renewal period option that best suits your needs so that you can plan ahead.
Renewal Period: 1 year / 5 years
Insured’s Age at Application: 15 days to age 65
In addition, you have the flexibility to take AIA One Absolute – Cancer & Serious Infectious Disease Protection as either a stand-alone insurance plan or as an add-on plan of specified basic plans.
AIA One Absolute – Cancer & Serious Infectious Disease Protection guarantees that your premium will not be increased because of any changes in the insured's health condition during each renewal period. This cover is guaranteed to be renewable at the end of each renewal period up to the age of 85 of the insured. Renewal premium of next renewal period will be based on the prevailing premium rates for the age of the insured at the time of renewal (please refer to the “Premium Adjustment” under Important Information).
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Except for the death benefit, under this plan, we will not cover any events or conditions that result from any of the following events:
The above list is for reference only. Please refer to the policy contract of this plan for the complete list and details of exclusions.
In order to provide you with continuous protection, we will review the premium of your plan from time to time and adjust it accordingly at the end of each renewal period if necessary. During the review, we may consider factors including but not limited to the following:
Experimental, screening and preventive services or supplies are not considered medically necessary.
If you wish to make a claim, you must send us the appropriate forms and relevant proof. You can get the appropriate claim forms in www.aia.com.hk, from your financial planner, by calling the AIA Customer Hotline (852) 2232 8888 in Hong Kong, or (853) 8988 1822 in Macau, or by visiting any AIA Customer Service Centre. For details related to making a claim, please refer to the policy contract. If you wish to know more about claim related matter, you may visit “File A Claim” section under our company website www.aia.com.hk.
If the insured commits suicide within one year from the date on which the policy takes effect, our liability will be limited to the refund of premiums paid (without interest) less any outstanding debt.
Except for fraud or non-payment of premiums, we will not contest the validity of this policy after it has been in force during the lifetime of the insured for a continuous period of two years from the date on which the policy takes effect. This provision does not apply to any add-on plan providing accident, hospitalisation or disability benefits.
You have the right to cancel and obtain a refund of any premiums and any levy paid by giving written notice to us. Such notice must be signed by you and submitted to the Customer Service Centre of AIA International Limited at 12/F, AIA Tower, 183 Electric Road, North Point, Hong Kong or the Customer Service Centre of AIA International Limited at Unit 1903, 19/F, AIA Tower, 251A – 301 Avenida Comercial de Macau, Macau within 21 calendar days immediately following either the day of delivery of the policy or the Cooling-off Notice to you or your nominated representative, whichever is earlier.