Cancer guard
Cancer can strike anytime. It can affect anyone, whether young or old, male, female or child, and regardless of their social or medical condition.
Although you cannot escape that reality, you can limit the financial consequences for your family.
With a cancer insurance policy from Excellence, you can meet your obligations head on and focus on your recovery without having to worry about the financial consequences of illness.
Cancer
Industry standardized definition
Diagnosis of a tumor characterized by the uncontrolled growth and spread of malignant cells and the invasion of tissue. The diagnosis of cancer must be made by a specialist.
No benefit will be payable for the following non-life-threatening cancers:
- carcinoma in situ
- stage 1A malignant melanoma (melanoma less than or equal to 1.0 mm in thickness, not ulcerated and without Clark level IV or V invasion)
- any non-melanoma skin cancer that has not metastasized
- stage A (T1a or T1b) prostate cancer.
Moratorium Period – 90 days
No benefit will be payable if within the first 90 days following the effective date of the policy, the insured person has any signs, symptoms or investigations leading to a diagnosis of cancer or has been diagnosed with cancer.
Pre-existing Condition (24/24)
This coverage will not apply and no benefit will be payable if a cancer or one of the critical illnesses covered occur within the first 24 months following the effective date and results from a condition for which the Insured consulted or experienced symptoms leading to cancer or to the critical illness or took medication or received medical treatment (including any diagnostic test or investigation) during the 24 months preceding the effective date of coverage.
For an additional charge, a benefit equal to 50% of the sum insured, up to a maximum of $25,000, will be payable for the following cancers:
- Skin Cancer (malignant melanoma in the dermis equal to or lower than a depth of 1.0 mm)
- Breast Cancer (ductal carcinoma in situ of the breast)
- Stage A Prostate Cancer
A single Prevention benefit will be payable for the entire life of the policy. The sum insured will be reduced by the amount of the benefit paid.
For an additional charge, for those who are between 0 and 55 years of age, the Return of Premium Rider can be added to the policy and:
- a full refund will be made of all premiums paid upon death and up to 50% of all premiums paid when the Insured reaches their 75th birthday less any claim payments.
Once purchased, the Return of Premium benefit cannot be canceled separately.
Eligibility
- In your lifetime, have you ever been diagnosed with acquired immunodeficiency syndrome (AIDS) or tested positive for the human immunodeficiency virus (HIV)?
- Do you have, have you ever had, have you ever noticed signs or symptoms for which you have not consulted a physician yet, or are you waiting for a test or test results for any form of cancer or malignant tumor?
- In the past two years, have you had an application for critical illness or cancer insurance declined or deferred by any insurance company, including Excellence?
- Have two or more members of your immediate family (father, mother, brothers and sisters) suffered from or been diagnosed with cancer before the age of 60?
Summary
- Eligible from birth to age 65
- Guaranteed renewable policy up to age 75
- Terms 10, 20 and 75 years
- Benefit payable upon cancer diagnosis
- Prevention, Critical Illness and Return of Premium riders