The Pak Banker

Manulife Japan launches Non- Par Whole Life Medical Insurance

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TOKYO

Manulife Life Insurance Company Japan President & CEO will commence sales of Kodawari Medical Insurance, a non-par whole life medical insurance product with no-CSV during the premium payment period. The product will be offered through Manulife Japan’s MGA1 sales channel.

Kodawari Medical Insurance is a medical insurance product that provides the insured with whole life protection for certain medical transplant­s, radiothera­py and ICU care, as well as surgery and hospitaliz­ation due to accident or disease.

Customers may select a plan most suitable for meeting their individual needs from the following three easy-to-understand plans: Smart Life ?: A basic plan that provides a popular set of six protection­s. Life Guard: A risk-hedging plan that provides the Smart Life: plan plus an extension rider that provides protection against seven major lifestyle diseases with a high onset risk

Live Well: A comprehens­ive plan delivering daily peace of mind which provides the Life Guard ? plan plus a rider that provides coverage for advanced medical treatment.

Insured’s age: 30 years old; whole-life pay-type policy; hospitaliz­ation benefit daily amount = 10,000 yen; payment limit = up to 60 hospitaliz­ation days. Customers receive access to “Medical Relief Supporting Your Physical and Mental Health” 2 services provided by the T-PEC Corporatio­n, which are included as part of Kodawari Medical Insurance. These services include recommende­d solutions for ordinary injuries and diseases as well as second opinions from leading medical doctors in Japan.

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