First in market: "Medical + Critical Illness" double protection
Critical illnesses often strike without warning, and put you and your family in great stress all in a sudden. While worrying that the unforeseen financial burden of medical care will derail the future plans of your family, you also need experts’ advice from the diagnosis and start the appropriate medical treatment. Tahoe Life understands it and offers you MultiGuard Critical Illness Protection Plan (the “Plan”) with all-round protections against 171 critical illnesses. In addition to paying out a lump-sum benefit to ease your financial pressure, the Plan also covers multiple claims against cancer, stroke and heart attack, and reimburses you the medical expenses. You will also have access to timely professional advice and support throughout the journey of recovery. Even when there are challenges from time to time, we are standing by you and bringing you back to a brilliant life.
Tahoe Life only covers the charges and / or expenses of the insured on “reasonable and customary charges” and “medically necessary” basis.
“Reasonable and customary charges” in relation to a fee, a charge or an expense, means any fee or expense which (a) is charged for treatment, supplies (inclusive of medication) or medical services that are medically necessary and in accordance with standards of good medical practice for the care of an injured or ill person under the care, supervision or order of a registered medical practitioner; (b) does not exceed the usual level of charges for similar treatment, supplies (inclusive of medication) or medical services in the locality where the expense is incurred, which for the avoidance of doubt, shall not exceed the level of such charges applicable to a semi-private room for treatment, supplies (inclusion of medication) or medical services provided during a confinement; and (c) does not include charges that would not have been made if no insurance existed. The Company reserves the right to determine whether any particular confinement / medical charge is a reasonable and customary charge with reference but not limited to any relevant publication or information made available, such as schedule of fees, by the government, relevant authorities and recognised medical association in the locality. The Company reserves the right to adjust any or all benefits payable in relation to any confinement / medical charges which in the opinion of the Company is not a reasonable and customary charge. For details of the principle of “medically necessary”, please refer to below “Key Product Disclosures” section regarding “Eligible medically necessary claims”.