YOU ASK:

What is the definition of Specified Disease Coverage?

WE ANSWER:

Specified Disease Coverage provides protection against loss caused by a specified disease. The coverage will pay for medical expenses and living allowances once the insured person is diagnosed with an illness or disease that are part of the covered list of diseases.

The coverage may require certain medical reports and tests, as well as the diagnosis of a physician.

Specified disease coverage works as an amendment to an existing health insurance policy. It is not designed to act as a substitute to a comprehensive health insurance. Thus, it is not sold as a stand-alone policy.

This is also called the dread disease coverage.

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