AXA Hong Kong has rolled out a new ‘MultiPro Critical Illness Protection’ series to offer affordable extension to customers to upgrade their current protection with multiple claims benefits.

This series is aimed at helping customers to fill the protection gap and covers MultiPro Critical Illness Plan and MultiPro Plus Critical Illness Plan.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Both these plans are designed to offer comprehensive cancer protection for customers.

If the policyholder is diagnosed with cancer, the plans will refund 100% of the total premiums paid and waive all future premiums.

The insured can choose Continuous Cancer Payout Benefit, which pays 5% of the sum insured every month up to four years, or a lump sum payment which equals to 100% of the sum insured, if they are diagnosed with cancer again after 1.5 years.

In addition to cancer, MultiPro Plus provides extra protection against heart attack and stroke. The customers will be able to choose MultiPro or MultiPro Plus based on their needs.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

AXA Hong Kong and Macau chief life and market development officer Kevin Chor said: “Most of the critical illness insurance plans developed in the early days only provide a one-off major illness claim, and the plan will be terminated thereafter without the continuous support should cancer recur.

“According to internal data, over 60% of critical illness insurance customers aged 30 above are found to have insufficient protection or no multiple claims benefit. We launched MultiPro and MultiPro Plus to help customers upgrade their current protection by providing multiple claims on those common critical illnesses, on top of the plans they are holding.”

Currently, AXA Hong Kong is offering the MultiPro Critical Illness Protection series along with a range of limited time offers.

The offers include two months’ premium discount for customers who apply for the MultiProseries together with AXA WiseGuard Pro Medical Insurance plan.