Great Eastern Life introduces Malaysia's first-ever three-generation critical illness plan

Great Eastern Life introduces Malaysia's first-ever three-generation critical illness plan
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KUALA LUMPUR (March 11): Great Eastern Life Assurance (Malaysia) Bhd has recently introduced the first-ever insurance plan in Malaysia called Great Generation Care that provides comprehensive critical illness protection for three generations of one family.

“It covers the insured, their children, and the insured’s parents against a wide range of medical conditions,” said Great Eastern Life in a statement, adding that the plan protects the insured against 45 critical illnesses that includes cancer, heart attack and stroke, as well as covers them against the unexpected in life.

Complimentary coverage is provided for their children, including the ones born in the future, without reducing the insured’s own coverage, said the life insurer, noting that this plan also protects them against the same 45 critical illnesses as well as 11 child illnesses, with no medical underwriting required.

Additionally, Great Generation Care lets the insured care for their parents in their golden years by adding on the Parent Protect Rider to the plan.

“With no medical underwriting required, they are protected against three advanced stage critical illnesses that include Alzheimer’s disease, cancer, and Parkinson’s disease,” said Great Eastern Life.