Hospital Income Benefit (HIB)
When hospitalized……
2
Will I have the money to
pay for any expenses not
covered?
I have been hospitalized for 5 days
and I have no income.
How can I support my family then?
Do I need to take out from my
own pocket to pay?
Product Description
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Product Benefits
Benefit
Sum Assured
(subject to 75%
of earned daily
income)
Limit Per
Disability
Annual Limit Lifetime Limit
Normal Room &
Board
100% of rider’s
Sum Assured
Nil
Maximum 150
days
Maximum 730
days
Intensive Care
Unit
200% of rider’s
Sum Assured
30 days
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Which Basic Plan Can Attached To….
Level Term Assurance (T80)
WholeLife Care
Wealth Protector
Honey
Honey Plus
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Underwriting
Entry Age
Sum Assured
7
Minimum Maximum
Insured 15 days 60
Minimum Maximum
1 unit (RM50)
Lower of the following:
i.Juvenile, Student or Housewife – 4 units
(RM200), or
ii.16 units (RM800), or
iii.Maximum Monthly Income Earned (Please
refer to Income Requirement Table next slide)
Income Requirement for HIB
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Occupation Monthly Salary
(RM)
Maximum Amount (RM)
(Daily Hospitalization
Income)
Juvenile (0-15) 4 Units (RM200)
Student 4 Units (RM200)
Housewife 4 Units (RM200)
Retiree/Unemployed 0
Self & Gainfully
Employed
Below 3,000 4 Units (RM200)
3,001 – 4,000 5 Units (RM250)
4,001 – 5,000 6 Units (RM300)
5,001 – 6,000 7 Units (RM350)
6,001 – 7,000 8 Units (RM400)
7,001 – 8,000 9 Units (RM450)
8,001 – 9,000 10 Units (RM500)
9,001 – 10,000 11 Units (RM550)
10,001 – 11,000 12 Units (RM600)
11,001 – 12,000 13 Units (RM650)
12,001 – 13,000 14 Units (RM700)
13,001 – 14,000 15 Units (RM750)
14,001 – 15,000 16 Units (RM800)
Above 15,000 16 Units (RM800)
Underwriting
Coverage Term
Up to age 70 of the insured or the coverage period of the basic
plan it is attached to, whichever is earlier.
Backdating
Follow the basic plan
Occupational Class
No loading on occupation class. Retiree/Unemployed are not
allowed to add to this rider
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Exclusions
Among others excluded in this benefit are:
Any medical or physical conditions arising within the first 30 days of
insured coverage
Specified illnesses during the first 120 days
Pre-existing condition
Hospitalization primarily for investigation purpose or general physical and
medical examination.
Elective procedures
Treatment relating to pregnancy
Tests or treatment related to infertility, contraception, etc
Treatment for mental illness and psychiatric disorders.
Cosmetic or plastic surgery, dental care and treatment.
Treatment of sleeping disorder
AIDS
Participation in criminal act
Participation in any dangerous sports
Participation in any form of aviation
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Benefit limitation
Overseas Residence No benefit shall be payable for treatment received outside Malaysia, Singapore &
Brunei, if insured resides or travels for more than 90 consecutive days.
Annual Limit Daily benefits shall be limited to 150 days in a policy year collectively irrespective
of types of disability
Lifetime Limit Daily benefits payable during the entire period of insurance shall be limited to 730
days collectively irrespective of types of disability.
Benefit Limit In the event of Hospitalization, only ONE daily benefits (either Normal Room &
Board or Intensive Care Unit) shall be payable for each day of hospitalization.
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Where can I get a quote for HIB…..
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