Bowtie Term Critical Illness Series Free Upgrade

Renewal age extend from 85 to 100 years old‍

• Critical illness insurance mainly supports our living expenses when we lose income due to illness. Most people have no income after retirement, and living expenses decrease accordingly, so Bowtie recommends reducing the critical illness coverage appropriately after age 65.
• But we understand that everyone has different needs. If your medical coverage or savings are insufficient, critical illness insurance can serve as a backup in old age.
• This upgrade gives you flexibility to choose whether to retain critical illness protection or how much to retain.

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Uplift non-medical-examination sum insured of the insured person from Age 46 - 65

• For individuals aged 46-60, the maximum coverage amount has been increased from $2 million to $2.5 million
• For individuals aged 61-65, the maximum coverage amount has been increased from $1 million to $1.5 million

Improve definition of the Early Critical Illness "Angioplasty and other Invasive Treatments for Coronary Artery" from 3 to 1 major coronary arteries (defined as being greater than 50% stenosis in 1 or more major coronary arteries)‍

• Though no customers’ claims have been denied due to this clause since the product launch, we immediately consulted medical opinions after receiving customer inquiries about this clause.
• After careful review, Bowtie decided to align with market definitions for early critical illness, hence this change.