Best protection for your beloved family

Underwritten by Shin Kong Life Insurance Co., Ltd.

Product Features

Affordable Premium for High Coverage

Low premium needed to enjoy million-dollar coverage.

Flexible Coverage Period

This plan offers different coverage period ranging from 2 to 5 years. You are free to choose the coverage that best suits your needs.

Single Premium

Get a sufficient coverage with an easy single payment.

Product Features

Affordable Premium for High Coverage

Low premium needed to enjoy million-dollar coverage.

Flexible Coverage Period

This plan offers different coverage period ranging from 2 to 5 years. You are free to choose the coverage that best suits your needs.

Single Premium

Get a sufficient coverage with an easy single payment.

Example

Male | Age 30

Specific critical illness term life insurance: The payment would be one of the agreed amount as below. The policy will end after the payment is made. (1) Specific critical illness term life insurance coverage NT$ 1,000,000 (2) Death benefit or funeral benefit NT$ 1,000,000 (3) Total disability benefit NT$ 1,000,000 Coverage period: 5 years.

Single premium of NT$ 21,700

Three Steps Application

1

Choose the coverage amount needed

2

Leave us your name and contact information

3

We will contact you shortly to confirm the information required and to help you to complete the application.

Information needed:

  • Beneficiary information
  • Health condition

Product Details

Product Type
Specific Critical Illness Term Life Insurance
Coverage Period
2 to 5 years
Premium Paying Period
Single payment
Issue Age Limit
  • 20-50 years old
Coverage
  • (1) Specific critical illness benefit (see appendix)
  • (2) Death benefit or funeral benefit
  • (3) Total disability benefit (see appendix)

What is Specific Critical Illness Term Life Insurance?

Specific Critical Illness Term Life Insurance is a simple and effective risk management tool. Compared with other life insurance, the insured of specific critical illness term life insurance can enjoy a high protection during the coverage period. The beneficiaries can get full claims for the insured’s death or total and permanent disablement caused by illness or accidents, and for the insured suffering from specific critical illness.

iFWD recommends you Specific Critical Illness Term Life Insurance which helps you to protect your family easily.

Why do I need a Specific Critical Illness Term Life Insurance?

Specific Critical Illness Term Life Insurance would be an important protection for your beloved family, which enable you to:

  • 1. Ease the financial pressure of your family. Death benefit that life insurance offers can ease the financial pressure of your family. It prevents your family from facing financial difficulties even in the loss of their breadwinner.
  • 2. Assure the living expenses for your family. Education expenses of your children, living expenses of your parents and any other living expenses can be assured by the coverage life insurance offers.
  • 3. Allow you to focus on your life plan. The coverage of life insurance frees you from worrying about unpredictable risk so you can follow your dream.
  • 4. Specific critical illness benefit. The protection specific critical illness term life insurance offers enable you to have better medical treatments, prevent you from the financial difficulties that may bother you.

Why Specific Critical Illness Term Life Insurance?

  • 1. Affordable premium: You can find the affordable coverage that suits your needs.
  • 2. Better coverage: Compare to specific critical illness whole life insurance, you can get better coverage with specific critical illness term life insurance at the same premium.
  • 3. Flexible coverage period: You can select the coverage period that suits your needs at different life stages.
  • 4. Flexible coverage amount: You can select the coverage amount that suits your needs at different life stages.

How do I choose a Specific Critical Illness Term Life Insurance?

You can clarify your needs and choose a suitable specific critical illness term life insurance coverage by asking yourself following questions:

  • 1. Whom would you like to protect?
  • 2. If you unfortunately pass away or be completely disabled, how many family members would need financial support?
  • 3. If you unfortunately pass away or be completely disabled, how many debts would need to be paid off?
  • 4. If the risk happens, how many financial losses would you suffer? What kind of changes would strike the life of yours and your family's?
  • 5. How much premium can you afford?
  • 6. How much medical expense or living expense will you need if you suffer from critical illness?

Appendix

Definition of Total and Permanent Disability

  • 1. Bilateral blindness (note 1)
  • 2. Loss of both hands from the wrist, or both feet from the ankle.
  • 3. Loss of one hand from wrist and one foot from the ankle.
  • 4. Blindness in one eye and loss of one hand from the wrist, or blindness in one eye and loss of one foot from the ankle.
  • 5. Permanent loss of chewing ability (note2) or speech (note 3).
  • 6. Permanent and total loss of function in all limbs (note 4).
  • 7. Severe impairment of central nervous system function or thoracic/abdominal organ function resulting in permanent inability to perform work and total reliance on others' assistance to perform daily activities necessary to maintain life (note 5).

Note 1. Determination of blindness

  • (1) The Landolt Vision Screening Chart will be used to test the corrected vision of each eye independently.
  • (2) "Blindness" means that vision permanently tests at or below 0.02 using the Landolt Vision Screening Chart.
  • (3) Determination will in principle be made after six months of treatment from the date of injury, provided that this provision shall not apply where there has been surgical removal of the eyeball or other conditions from which recovery is clearly not possible.

Note 2. "Loss of chewing ability" means functional impairment resulting in inability to perform chewing motions due to other than dental factors, such that nothing other than liquid nutrients can be ingested.

Note 3. "Loss of speech" means the inability to produce three or more of the four types of linguistic capabilities (labials, dentals, palatals, uvulars) that make up language.

Note 4 "Permanent and total loss of function" means complete loss of function that continues after six months.

Note 5. "Total reliance on others' assistance to perform daily activities necessary to maintain life" means inability to eat, defecate, urinate, dress, undress, perform daily activities, walk, or bathe on one's own, for all of which regular reliance on others is required.

Specific Critical Illness

The illness is defined as one of the following (The illness should be first occur and diagnosed by doctor after 90 effective days of the policy):

  • 1. Myocardial Infarction (Critical)
  • 2. Cerebrovascular Event (Critical)
  • 3.Cancer (Critical)

Exclusion

A beneficiary who wilfully causes the death of the insured, or attempts unsuccessfully to do so, shall lose the right to receive benefits.

If a beneficiary loses the right to receive benefits because of circumstances set forth in the preceding paragraph, and as a result there is no beneficiary to receive the insured amount, the insured amount shall be treated as part of the insured's estate. The benefits that belong to the beneficiary, who lose the right to receive benefits, will be distributed to other beneficiaries (if any) according to previous agreed proportion.