Manulife Insurance Berhad has launched a latest addition to their health solutions – Manulife MediShield a life and medical insurance plan designed specifically for the Gen-Z population,
The product aims to provide accessible coverage to the mass market’s young adults through a simple enrolment process and affordable premiums, ensuring financial security from an early stage of life.
Manulife MediShield offers premiums starting from as low as RM100 per month, making it an attractive option for the Gen-Z segment. The key benefits of the plan include coverage against death, Total and Permanent Disability (TPD), and medical expenses coverage such as pre- and post-hospitalization charges, intensive care services, surgical expenses and out-patient benefits for a coverage period of 30 years.
One of the standout features of Manulife MediShield is its affordability and flexibility. The plan boasts no lifetime limit on medical coverage and an auto-increase of 10% annual limit each year, up to a maximum of 50%, regardless of claims history.
Additionally, customers can enjoy up to 40% No Claim Discount (NCD) on insurance charges for medical benefits and be entitled for the First Dollar Benefit, where the plan covers upfront costs when the customer’s NCD is at 40%.
