Product Summary for AIA Platinum Health for Passers-by Version 1.1

Transcription

1 Product Summary for AIA Platinum Health for Passers-by Version 1.1 This insurance plan is underwritten by ( we, our, us, AIA Singapore ). (A) PRODUCT INFORMATION (i) Premium Rates Table Age Last Birthday Annual Premium (S$) Area of Cover: Zone 1* Area of Cover: Zone 2 # Male Female Male Female , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Notes: 1. Premium rates are inclusive of 7% GST. 2. Distribution cost, charges and expenses will be available upon written request. 3. The last entry age is 65 at last birthday. Ages 66 at last birthday and above apply to renewals only. Renewal is available up to age 75 at last birthday. *Zone 1 refers to Brunei, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand and Vietnam # Zone 2 refers to Zone 1 plus China, Hong Kong, India and Taiwan (ii) Schedule Overall Limit Per Policy Year Overall Lifetime Policy Limit S$400,000 The Overall Limit Per Policy Year is limited to S$100,000 in the first Policy Year for claims due to illnesses. S$2,000,000 Hospitalisation s Hospital Daily Room and Board Intensive Care Unit (ICU) Physician or Specialist Consultation Fee Standard room accommodation charges E. & O. E. Page 1 of 9

2 Miscellaneous Hospital Services In-Hospital Psychiatric Treatment Relative Accommodation Daily Hospital Cash 1 Additional Daily Hospital Cash for Dengue Fever 1 Surgical Pre-hospitalisation s Policy Year Limit S$8,000 per year/lifetime Limit S$16,000 Standard charge for an additional bed for a relative S$200 per day S$200 per day Post-hospitalisation s Post-hospitalisation Treatment. Also cover physiotherapist, chiropractor & acupuncturist when advised in writing by the treating physician or specialist, subject to Policy Year Limit of S$500 Home Nursing Out-patient Medical Treatment Expenses s Day Surgery Emergency Accidental Out-patient Treatment Out-patient Kidney Dialysis Out-patient Cancer Treatment Accidental Dental Treatment Major Organ / Bone Marrow Transplant AIDS/ HIV Policy Year Limit S$300,000 Policy Year Limit S$300,000 Policy Year Limit S$300,000 Lifetime Limit S$50,000 Medical Support and Services Ambulance Fee Hospice / Palliative Treatment Emergency Medical Evacuation and Repatriation of Mortal Remains Extra Limit for 4 Major Critical Illnesses Treatment Available from 2 nd Policy Year onwards Deductible 2,4 Lifetime Limit S$5,000 Yes Policy Year Limit S$150,000 Lifetime Limit S$750,000 S$1,000 per Policy Year Co-insurance 3,4 10% 1 is payable provided hospital confinement is in a Preferred Hospital in Singapore. Preferred Hospital refers to Parkway East Hospital, Gleneagles or Mount Elizabeth hospital. We reserve the right to change the list of Preferred Hospitals. E. & O. E. Page 2 of 9

3 2 Deductible means a flat dollar amount of the medical expenses claimable under the policy each Policy Year. This amount shall be borne by you before any benefit becomes payable under the policy. 3 Co-insurance is a fixed percentage of the medical expenses claimable under the policy in excess of the Deductible (if any). This amount shall be borne by you. 4 The following benefits are not subject to Deductible and Co-insurance: (a) (b) (c) (d) (e) Daily Hospital Cash Additional Daily Hospital Cash for Dengue Fever Emergency Evacuation and Repatriation of Mortal Remains Complimentary Medical Second Opinion Service Complimentary Wellness Program We set out below a simplified description of the features of the plan, subject in all cases to the precise terms and conditions specified in the policy. Please consult your AIA Financial Services Consultant should you require further explanation. Hospitalisation If the Insured is confined in a hospital due to an illness or injury, we will provide the following benefits if such confinement is advised in writing for the Insured by a physician or specialist: (a) Hospital Daily Room and Board Room and board charges for standard room accommodation for the Insured s period of confinement, charges incurred for meals consumed by the Insured and charges incurred for general nursing services rendered by the hospital during the confinement period. We will not reimburse more than standard room accommodation rates for room and board charges. (b) Intensive Care Unit (ICU) Reasonable and customary intensive care unit charges incurred for the period that the Insured stays at the ICU of a hospital. (c) Physician/Specialist Consultation Fee Reasonable and customary medical consultation fees charged by a physician or specialist treating the Insured during the confinement period. (d) Miscellaneous Hospital Services Reasonable and customary charges incurred for any of the following medical services rendered for, or medical supplies provided to the Insured during the confinement period: (1) Drugs and medicines prescribed by the physician or specialist and consumed in the hospital; (2) Dressings, ordinary splints and plaster casts but excluding special braces and appliances equipment; (3) Physiotherapy; (4) X-rays, electrocardiograms and laboratory tests; (5) Intravenous injections and solutions; (6) Administration of blood and blood plasma but excluding the cost of blood or blood plasma; (7) If the treating physician or specialist provides any medical service for, or medical supply to, the Insured which does not fall in any of the above categories, we may decide whether we will reimburse the medical charges for such medical service/supply, and if we decide to reimburse, we may decide on the amount of reimbursement for the medical charges incurred for such medical service/supply (regardless of whether such medical charges are reasonable and customary or not). (e) In-Hospital Psychiatric Treatment Reasonable and customary psychiatric treatment charges incurred while the Insured is confined in the psychiatric unit of a hospital provided that the date of the first diagnosis of the Insured s condition occurs after the Insured has been insured under this policy for a continuous period of 10 months from the policy date or the last reinstatement date, whichever is later. The confinement and psychiatric treatment must be advised in writing by a psychiatrist and administered to the Insured under the direct supervision of a psychiatrist. (f) Relative Accommodation The standard charge incurred for an additional bed for a relative to accompany the Insured in the same room during the period of confinement provided that the treating physician or specialist has advised in writing that a relative should accompany the Insured. We will not reimburse more than the standard charge for an additional bed in a standard room. (g) Daily Hospital Cash If the Insured is confined in any Preferred Hospital, we will pay the Daily Hospital Cash for the period of confinement provided that (1) any period does not exceed 30 days for the Same Confinement regardless of any renewal of this policy; and (2) any amount does not exceed 1 day s worth of the Daily Hospital Cash payable by us under this policy for each day of the confinement. E. & O. E. Page 3 of 9

4 For the purposes of this benefit, Same Confinement means 2 or more periods of confinement arising from the same or related illness or injury or its complications and which are not separated by more than 90 days. When 2 or more periods of confinement in a hospital are separated by more than 90 days, we will treat each period of confinement as a separate period of confinement. (h) Additional Daily Hospital Cash for Dengue Fever If the Insured is confined in any Preferred Hospital due to Dengue Fever, we will pay the Additional Daily Hospital Cash for Dengue Fever during the period of confinement to treat Dengue Fever provided that (1) any period does not exceed 30 days for each period of the Same Confinement regardless of any renewal of this policy; and (2) any amount does not exceed 1 day s worth of the Daily Hospital Cash for Dengue Fever payable by us under this policy for each day of the confinement. For the purposes of this benefit, Same Confinement means 2 or more periods of confinement arising from the same incidence of Dengue Fever or its complications (including any related Illnesses) and which are not separated by more than 90 days. When 2 or more periods of confinement in a hospital are separated by more than 90 days, we will treat each period of confinement as a separate period of confinement. Surgical s If the Insured is confined in a hospital due to an illness or injury and undergoes a surgery as advised in writing by a physician or specialist, we will reimburse the following reasonable and customary charges incurred in relation to the surgical procedure: (a) operation theatre charges; (b) operating equipment charges; (c) surgical fees charged by a physician or specialist; (d) charges for any anesthesia used (including any charges incurred for its administration); (e) fees charged by an anesthesiologist; (f) if the treating physician or specialist provides any medical service for, or medical supply to, the Insured which does not fall in any of the above categories, we may decide whether to reimburse the medical charges for such medical service/supply, and if we decide to reimburse, we may decide on the amount of reimbursement for the medical charges incurred for such medical service/supply (regardless of whether such medical charges are reasonable and customary or not). Pre-hospitalisation s If any of the Hospitalisation is payable, we will also reimburse the reasonable and customary charges incurred for the following pre-hospitalisation medical consultations and/or tests that the Insured undergoes as advised in writing by a physician or specialist if such medical consultations and/or tests are done in direct connection with the injury or illness leading to the confinement and within 90 days prior to the confinement (a) medical consultation fees charged by a physician or specialist; (b) medical charges for electrocardiograms (ECG), diagnostic x-ray and laboratory tests; (c) if the treating physician or specialist provides other diagnostic tests to the Insured which does not fall in any of the above categories, we may decide whether to reimburse the medical charges incurred for such diagnostic test and if we decide to reimburse any medical charges incurred for such diagnostic test, we may decide on the amount of reimbursement for the medical charges incurred for such diagnostic tests (regardless of whether such medical charges are reasonable and customary or not). Post-Hospitalisation Treatment We will provide the following benefits if any Hospitalisation is payable: (a) Post-Hospitalisation Treatment Reasonable and customary charges incurred for the post-hospitalisation medical treatments as advised in writing by a physician or specialist if the post-hospitalisation medical treatment is done in direct connection with the injury or illness leading to the confinement and within 90 days after the confinement. No payment will be made for routine medical check-up which is not part of the post-hospitalisation medical treatment as recommended by the physician/specialist. (b) Home Nursing If any Hospitalisation is payable, we will reimburse reasonable and customary charges incurred for the cost of a licensed or graduate nurse to attend to the Insured s medical needs at home immediately following discharge from hospital as advised in writing by the physician or specialist for the continued treatment of the illness or injury for which the Insured was confined. This benefit is payable up to maximum of 26 weeks (per Policy Year) after the Insured is discharged from the hospital. Out-Patient Medical Treatment Expenses s We will provide the following benefits if the Insured undergoes out-patient medical treatment due to an injury or illness as advised in writing by a physician or specialist: (a) Day Surgery The following reasonable and customary charges incurred in relation to the day surgery: (1) operation theatre charges; (2) operating equipment charges; (3) surgical fees charged by a physician or specialist; (4) charges for any anesthesia used (including any charges incurred for its administration); (5) fees charged by an anesthesiologist; (6) if the treating physician or E. & O. E. Page 4 of 9

5 specialist provides any medical service for, or medical supply to, the Insured which does not fall in any of the above categories, we may decide whether to reimburse the medical charges for such medical service/supply, and if we decide to reimburse any medical charges for such medical service/supply, we may decide on the amount of reimbursement for the medical charges incurred for such medical service/supply (regardless of whether such medical charges are reasonable and customary or not). (b) Emergency Accidental Outpatient Treatment Reasonable and customary charges incurred for the medical treatment provided to the Insured on an emergency basis at the Accident and Emergency Department of a hospital provided that the emergency medical treatment is sought by the Insured within 24 hours of the occurrence of the accident that caused the injury. We will also reimburse reasonable and customary medical charges incurred within 30 days of occurrence of the accident that caused the injury, for follow-up medical treatment for the injury as advised by a physician or specialist. (c) Out-patient Kidney Dialysis Reasonable and customary charges incurred for kidney dialysis at a registered dialysis centre. (d) Out-patient Cancer Treatment Reasonable and customary charges incurred for the following medical treatments at a registered cancer treatment centre: (1) Radiotherapy for cancer; (2) Stereotactic Radiotherapy for cancer; (3) Chemotherapy for cancer; (4) Immunotherapy for cancer Accidental Dental Treatment We will reimburse the reasonable and customary dental charges incurred for repairs to the Insured s own sound natural teeth (excluding dentures and related expense) due to injury caused by an accident. The treatment must be performed within 72 hours following the time of the accident that caused the injury. Major Organ/Bone Marrow Transplant We will reimburse the reasonable and customary medical charges incurred (including any and all related reasonable and customary medical treatment cost involved) for any surgical procedure for the transplant of the Insured s heart, kidney, lung, bone marrow (using haematopoietic stem cells preceded by total bone marrow ablation) or liver provided that: (a) the surgery is advised in writing by a physician or specialist due to injury or illness; (b) is performed by a physician or specialist qualified to carry out the transplant surgeries; and (c) the Insured is the recipient. Other stem cell transplants are excluded. The medical charges incurred for the organ transplant is only claimable under this benefit and not under any other benefits in this policy. We will not reimburse the cost of acquisition of the relevant organ and expenses incurred by the donor. AIDS/HIV We will reimburse the following benefit if the date of the first diagnosis of Human Immunodeficiency Virus ( HIV ) occurs after the Insured has been insured under this policy for a continuous period of 5 years from the policy date or the last reinstatement date, whichever is later. We will reimburse reasonable and customary medical charges incurred for treatment of HIV-related illnesses (including Acquired Immune Deficiency Syndrome ( AIDS ), AIDS Related Complex and/or any mutation, derivation, or variation thereof) that the Insured undergoes as advised in writing by a physician or specialist provided that the advised medical treatment, service and/or supply must be approved by the local health authorities (where the treatment is sought) for treatment of HIV-related illnesses (including Acquired Immune Deficiency Syndrome ( AIDS ), AIDS Related Complex and/or any mutation, derivation, or variation thereof). Medical Support and Services We will provide the following benefits: (a) Ambulance Fee Reasonable and customary costs for medical ambulance (inclusive of attendants) transportation of the Insured by land to a local hospital. (b) Hospice/Palliative Treatment Reasonable and customary charges for the services, as advised in writing by a physician or specialist, by an institution duly constituted and registered to provide a centralized program of palliative and supportive services to dying persons in the form of physical, psychological, social and spiritual care. E. & O. E. Page 5 of 9

6 (c) Emergency Evacuation and Repatriation of Mortal Remains (1) Emergency Evacuation If the Insured is injured or ill while travelling outside of Usual Country of Residence and Home Country, and if in the opinion of the external service provider, it is medically appropriate to move the Insured to another location or Usual Country of Residence or Home Country for medical treatment, the external service provider shall arrange for the evacuation based on the medical severity of the Insured s condition. All decisions as to the means of transportation and the final destination will be made by the external services provider in consultation with us and will be based solely upon medical necessity. The expenses covered under this service will be expenses for services provided and/or arranged by us and/or the external service provider for the transportation, medical services and medical supplies incurred to provide Emergency Evacuation. We shall reimburse the covered expenses for the evacuation directly to the external service provider. (2) Repatriation of Mortal Remains If the Insured dies while he/she is on a trip outside the Usual Country of Residence and Home Country, we will arrange for the transportation of the Insured s mortal remains back to Usual Country of Residence or Home Country as approved by us. Extra Limit for 4 Major Critical Illnesses Treatment The Extra Limit for 4 Major Critical Illnesses Treatment shall apply to any benefit payment incurred as a result of the diagnosis of any one of the following 4 Major Critical Illness as defined in the policy: (1) Heart Attack of Specified Severity^; (2) Stroke^; (3) Major Cancers^; (4) Coronary Artery By-pass Surgery^ The amount paid will be accumulated towards the Extra Limit for 4 Major Critical Illnesses Treatment per Policy Year (for the applicable Policy Year) and the Extra Limit for 4 Major Critical Illnesses Treatment Overall Lifetime Policy Limit. If the amount exceeds the Extra Limit for 4 Major Critical Illnesses Treatment Limit per Policy Year (for the applicable Policy Year), the exceeded amount will be accumulated towards the Overall Limit Per Policy Year (for the applicable Policy Year). If the amount exceeds the Extra Limit for 4 Major Critical Illnesses Treatment Limit per Lifetime, the exceeded amount will be accumulated towards the Overall Lifetime Policy Limit. This extra limit will only be available from the 2 nd Policy Year onwards. ^ The Life Insurance Association Singapore (LIA) has standard Definitions for 37 severe-stage Critical Illnesses (Version 2014). These Critical Illnesses fall under Version You may refer to for the standard Definitions (Version 2014). For Critical Illnesses that do not fall under Version 2014, the definitions are determined by the insurance company. Complimentary s The following benefits are complimentary and are not guaranteed. We reserve the right to revise, suspend, remove or cancel any of the following benefits at anytime by sending you a written notice. Any changes or cancellation of the benefits will not cause any adjustment on the premium charged for this policy. (a) Complimentary Medical Second Opinion Service Upon the diagnosis of any of the 30 medical/physical conditions listed below: Alzheimer s Disease / Severe Dementia Deafness (Loss of Hearing) Major Organ / Bone Marrow Transplantation Angioplasty & Other Invasive Treatment for Coronary Artery Encephalitis Motor Neurone Disease Aplastic Anaemia End Stage Liver Failure Multiple Sclerosis Bacterial Meningitis End Stage Lung Disease Muscular Dystrophy Blindness (Loss of Sight) Fulminant Hepatitis Paralysis (Loss of Use of Limbs) Heart Attack HIV Due to Blood Transfusion and Occupationally Acquired HIV Parkinson s Disease Heart Valve Surgery Kidney Failure Primary Pulmonary Hypertension Benign Brain Tumour Loss of Speech Stroke Coma Major Burns Surgery to Aorta Coronary Artery By-pass Surgery Major Cancers Terminal Illness E. & O. E. Page 6 of 9

7 (b) Complimentary Wellness Program (1) Health Screening The Insured is entitled to a complimentary health screen (the scope shall be determined by us) at the hospitals or medical facilities as we may specify in writing to you from time to time. This benefit shall not be available until the Insured is at least 21 years old. (2) Renewal Premium Discount If the Insured s results of the Health Screening meet certain criteria as being determined by us, we may give you a renewal premium discount. We reserve the right to revise any renewal premium discount imposed or terminate the renewal premium discount at any time in our absolute discretion. This Renewal Premium Discount shall not be available until the Insured is at least 21 years old. (B) KEY PRODUCT PROVISIONS The following are some key provisions found in the policy contract of this plan. This is only a brief summary and you are advised to refer to the actual terms and conditions in the policy contract. Please consult your AIA Financial Services Consultant or Insurance Representative should you require further explanation. Termination or Claim Kindly contact your AIA Financial Services Consultant or call AIA Customer Care Hotline at for termination or claim procedures. (a) Cancellation Clause (1) Cancellation by us We will not cancel any policy on an individual basis. However, we have the right to cancel this policy, at our sole discretion, to cancel the entire portfolio of this insurance or cancel a particular plan type of this insurance or cancel this insurance for a particular group of Insureds by sending to you a notice of cancellation to your last known address stating when the cancellation will be effective. The effective date of cancellation shall not be less than 30 days from the date of such notice. We will refund the un-earned premiums paid (including any GST) for any period of coverage that is not used on a pro-rata basis. (2) Cancellation by you - You may cancel this policy by sending us a notice. We will cancel this policy upon receipt of your notice, and refund the un-earned premiums paid (including any GST) for any period of coverage that is not used on a pro-rata basis. There will be no refund of premiums if there is any claim made under this policy for the same Policy Year. Premium refund (if any) may be made either at the time cancellation becomes effective or as soon as practicable after cancellation becomes effective, but our payment of the refunded premium is not a condition of cancellation. (b) Termination This policy will automatically terminate on the earliest occurrence of the following: (1) if any premium of this policy remains unpaid at the end of the grace period of 30 days from the premium due date; (2) upon the cancellation of your policy pursuant to the Cancellation Clause; (3) on the policy anniversary date occurring on or immediately following the 76 th birthday of the Insured; (4) if the total claims paid reaches the Overall Lifetime Policy Limit; or (5) on the death of the Insured. Termination of this policy will not affect any claim arising prior to such termination. No benefits shall be payable if the insured event occurs after the termination of this policy, whether or not the insured event is a direct result of illness or injury occurring before the termination of this policy. Our acceptance of any premium after termination will not create a liability for us. (c) Renewal Subject to the cancellation provisions in this policy, this policy is yearly renewable on the policy anniversary date by payment of premiums in advance, before the end of the grace period, subject to our acceptance and the following: (1) this policy is in-force on the date of renewal; (2) renewal is only available on each policy anniversary date, up to the policy anniversary date occurring on or immediately prior to the Insured's 76 th birthday; (3) renewal is only available before the Overall Lifetime Policy Limit is reached; and (4) we receive and accept payment of this policy s premium in accordance with the premium rates then applicable to the Insured's age on the date of renewal. E. & O. E. Page 7 of 9

8 (d) Non-Guaranteed Premium Premium rates payable for this 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 30 days in advance. (e) Waiting Period No benefit is payable for illness contracted and/or commencing within 180 days from the policy date or last reinstatement date of this policy, whichever is later. (f) Free Look You have 14 days from the time you receive this policy to decide whether you want to continue with it. If you do not want to continue, you may cancel this policy in writing and get a refund of your premiums (including GST) paid, without interest and less medical examination costs incurred in considering your application, provided no claim has been made under this policy. This policy is considered delivered and received by you within 7 days of posting. (g) Area Of Cover If the Insured stays outside the Area of Cover for more than 90 consecutive days, the Insured will cease to be covered under this policy until the Insured returns to the Area of Cover. The policy will remain in-force as long as premiums due are paid. (h) General Exclusions There are certain conditions under which no benefits will be payable. These are stated as exclusions in the policy contract. The exclusions for this plan include, but are not limited, to the following conditions. You are advised to read the policy for the full list of exclusions. (1) Treatments attributable to any sexually transmitted disease, including Acquired Immune Deficiency Syndrome (AIDS) and AIDS related complications. Except when AIDS/HIV is stated in the Schedule as being covered by this policy. (2) Treatment for mental Illness and psychiatric disorders, except when the In-hospital Psychiatric Treatment is stated in the Schedule as being covered by the policy. (3) All costs relating to cornea, muscular, skeletal or human organ or tissue transplant from donor to a recipient and all expenses directly or indirectly related to organ transplantation (including conditions requiring or likely to require transplantation) except when the Major Organ / Bone Marrow Transplant is stated in the Schedule as being covered by this policy. (4) Treatments that are not part of Western (allopathic) medicine, except when such treatments are stated as being covered under Post-hospitalisation and is stated in the Schedule as being covered by this policy. (5) Transportation costs in respect of trips made specifically for purpose of obtaining medical treatment except when the cost are stated as being covered under the Emergency Medical Evacuation or Ambulance Fees and is stated in the Schedule as being covered by this policy. (6) Treatment for congenital abnormalities and physical defects from childbirth and treatment arising from pregnancy, miscarriages, abortion, childbirth, sterilization, contraception. Treatment for infertility, impotence or erectile dysfunction, sexual dysfunction; treatment or surgical procedure done at fertility clinics, in-vitro fertilization clinics, reproductive assistance clinic or centres and reproductive medicine clinics or centres. (7) Any injury or illness caused directly or indirectly, by self-destruction or intentional self-inflicted Injury, abuse of drugs or alcohol and injuries sustained as a direct result of a criminal act or attempted suicide, whether the Insured is sane or insane. (8) Any medical services rendered to the Insured while the Insured is confined in a prison, jail, any other correctional facility including halfway houses or similar facilities, or any mental institution. (9) Exposure to ionizing radiation or radioactive contamination of any kind or while the Insured is in full-time police, army, naval or air force service. (10) Any type of communicable disease requiring isolation or quarantine by the local health authority. (11) Engaging in a sport in a professional capacity or where the Insured would or could earn income or remuneration from engaging in such sport. (12) Prostheses, corrective devices and medical appliances, which are not surgically required, as well as artificial heart implantation. Any form of surgical procedures that are elective such as but not limited to elective cosmetic, plastic surgery unless as a result of an Injury. Correction for refractive errors of the eye is also excluded. (13) Any pre-existing conditions. (14) Treatment for obesity, weight reduction or weight management. (15) Experimental or pioneering medical and surgery techniques not approved by the Institutional Review Boards (IRBs) and the Centre of Medical Device Regulation (CMDR) and medical trials for medicinal products without a Clinical Trial E. & O. E. Page 8 of 9

9 Certificate (CTC), issued by the Health Science Authority; or any local medical health authority or any local medical health organisation. Important Notes: All insurance applications are subject to our underwriting and acceptance. Submission of an application and payment of premium does not constitute and should not be construed as acceptance by us. We reserve the right to withdraw the plan or reject applications, at anytime or for any reason without notice. This product summary 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 product summary 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 policy may not be paid out. You are advised to read the policy contract. For the avoidance of doubt, only the terms and conditions as set out in the policy contract will bind the parties. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. You are discouraged form 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. E. & O. E. Page 9 of 9