AIA Health CashPlus allows you to select additional benefits that are appropriate for your circumstances. Whether your existing medical insurance is provided by AIA or not, this plan could be an effective way of enhancing your overall level of protection. The benefits of the basic plan include:
(Based on Plan 3 of Basic Hospital Income Benefits Group)
Daily Hospital Income
You may find if you are hospitalised for any period of time, that there are additional unexpected costs associated with being ill, aside from your medical expenses. This plan offers a cash payout while you are Confined in hospital in Singapore or overseas which you can use to offset any additional expenses, or to help cope with lost income - with a daily cash payment of S$300 per day if you are admitted to a hospital due to a Sickness and S$800 per day for hospitalisation due to an Injury (up to a maximum of 500 days1 for the Same Confinement3). For more details, please refer to the brochure*.
Day Surgery Income Benefit2
If you are not hospitalised, but need to undergo Day Surgery due to Sickness or Injury, the plan will pay out S$300 per day on which the surgery is performed. This may help you to cope with any lost income, or meet any additional costs you might face. This benefit will not be paid more than 5 times for the same Accident or Sickness.
Extra cash for recovering at home2
Once you leave hospital, your doctor may give you a medical certificate and advise you to rest at home for a while. For each Same Confinement3 period, the plan pays out S$150 per day under Post-Hospitalisation Home Rest Benefit for up to 5 days, provided that the home rest period occurs within 5 days following the date of discharge from hospital.
Get Well Benefit
After any period of hospitalisation it can take a while before you start to feel like your usual self again. That is why, for the Same Confinement3 period, we will pay a lump sum Get Well Benefit of S$400 which you could use to pay for anything which may make your recovery more comfortable. It’s entirely up to you.
Free coverage for five years in the event of Critical Illness4
If you are diagnosed with one of 30 common Critical Illnesses covered by the policy before the policy anniversary following your 65th birthday, your premium will be waived for five years for coverage under the Basic Hospital Income Benefits Group, up to but excluding the policy anniversary following the end of 5th year from the date the Critical Illness is determined.
Optional Extras
Both optional benefits groups include the waiver of premium benefit, where premiums are waived in respect of those optional benefits groups if you are diagnosed with one of 30 common Critical Illnesses covered by the policy before the policy anniversary following your 65th birthday4.
Protection for 30 Critical Illnesses
(Based on Plan 2 of Optional Critical Illnesses Benefits Group)
If you are diagnosed with a Critical Illness before the policy anniversary following your 65th birthday, you may receive a lump sum payout of S$25,000. This benefit can only be claimed once during your lifetime under the Optional Critical Illnesses Benefits Group. For more details, please refer to the brochure*.
Reimbursement for your hospital expenses, and more
(Based on Plan 2 of Optional Hospital Expenses Reimbursement Group)
Most medical insurance plans in the market operate on a deductible and co-insurance basis. This means that, in the event of a claim, you would be required to pay a portion of the total costs yourself. If you are hospitalised due to Sickness or Injury5, the Optional Hospital Expenses Reimbursement Group includes a hospital expense reimbursement benefit of up to S$6,000 per Same Confinement3 which is not subject to deductible and co-insurance. For more details, please refer to the brochure*.
Save up to 20% on your premium
AIA Health CashPlus can be used to complement your basic medical expense reimbursement plan, even if you have such a plan issued by another insurer. If you are already covered by an AIA HealthShield Gold Series policy you will qualify for an automatic discount of up to 20% off the standard premiums for each benefits group included in your AIA Health CashPlus plan.
For more information, download the brochure or call your AIA Financial Services Consultant today.
*Further details can be found in the product summary, which can be obtained from any AIA Financial Services Consultant.
1An Assured who is not a citizen or permanent resident of Singapore will only be covered up to 90 days of Daily Hospital Income Benefit and Daily Accidental Hospital Income Benefit in respect of the Same Confinement3 if he or she is Confined in a Hospital outside Singapore.
2Where the age of the Assured is under 7 years old, a letter from the Assured’s School to certify the Assured’s enrolment with the School or a receipt evidencing the latest payment of School fees to the Assured’s School must be furnished.
3“Confinement” or “Confined” means a continuous period of hospitalisation for at least 6 hours, due to Injury or Sickness, as an in-patient in a Hospital as recommended by a Registered Medical Practitioner and for which room and board charges are imposed (excluding Day Surgery). “Same Confinement” means 2 or more periods of Confinement arising from the same Accident or same or related Sickness including any and all complications arising there from, which shall be regarded as one Confinement if such periods of Confinement are not separated by 90 days or more.
4We will admit a claim under this benefit only once during the lifetime of the Assured, regardless of the number of Critical Illnesses suffered by the Assured and any and all renewals of the Policy.
5If you are hospitalised due to an Injury, the Confinement must occur within 365 days from the date of the Accident.
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Important Notes
- Premium rates for the policy are not guaranteed and are subject to our review from time to time at our absolute discretion. We have the right to change the renewal rate at which the premiums are calculated on Policy renewal at our absolute discretion, provided that we send you a written notification at least 31 days in advance of such change in premium rate. The Policy is not guaranteed yearly renewable, and any renewal will be based on our approval and acceptance of renewal premium then applicable to the Assured's age next birthday on the effective date of renewal.
- This information does not form a part of any contract of insurance. It is intended only to be a simplified description of the product features applicable to this plan and is not exhaustive. The contents of this page may vary from the terms of cover eventually issued. Please refer to the actual policy contract for all terms and conditions, including exclusions whereby the benefits under your plan may not be paid out. For the avoidance of doubt, only the terms and conditions as appearing in the policy contract will bind the parties.
- This insurance plan is underwritten by AIA Singapore Private Limited (AIA). All insurance applications are subject to AIA's underwriting and acceptance. Submission of an application and payment of premium does not constitute or guarantee and should not be construed as acceptance by AIA. AIA reserves the right to withdraw the plans earlier or reject applications at anytime or for any reason without notice.
- This is only product information provided by us. You should seek advice from a qualified advisor if in doubt. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. You are discouraged from switching from an existing accident and/or health insurance policy to a new one without considering whether the switch is detrimental, as there may be potential disadvantages with switching. A penalty may be imposed for early policy termination and the new policy may cost more or have fewer benefits at the same cost.
- This information is correct as at 1 January 2012.
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