CI Perfect Care Rider

Q: Why do I have to buy CI Perfect Care Rider?
A: CI Perfect Care Rider covers 36 critical illnesses from early stage. Coverage details are as follows:
1. Life coverage of 100% of sum insured amount
2. Coverage details in case the insured is diagnosed with any of the 36 critical illnesses are shown below.
   2.1 Early stage – coverage of 25% of sum insured amount
   2.2 Intermediate stage** -  coverage of 50% of sum insured amount
   2.3 Late stage* -  coverage of 100% of sum insured amount
3. For coronary angioplasty, the coverage is 10% of sum insured amount***.
4. In case the insured is diagnosed with diabetic complications, the coverage is 10% of sum insured amount***.
In this regard, the Company shall pay benefits under the coverage items 1 and/or 2 of up to 100% of the sum insured amount in total throughout the insurance contract according to this rider, and this rider shall end.
*Pay the benefit by deducting paid benefits under the coverage items 2.1 and/or 2.2.
**Pay the benefit by deducting paid benefits under the coverage item 2.1 for the same critical illness (if any).
***Pay the benefit items 3 and 4 for only once throughout the insurance contract.

Q: Will I immediately receive the coverage after buying CI Perfect Care Rider?
A: In general, critical illness insurance has waiting period as to prevent insurance applicants who have severe illness. Thus, there is the insurance condition that the coverage is provided 90 days after contract formation.

Q: How long is the coverage of CI Perfect Care Rider?
A:  If you are looking for critical illness insurance for yourself or your loved ones, CI Perfect Care Rider is the right answer because its entry age is 30 days old – 65 years old (able to renew until the age of 84) and the coverage is provided until the age of 85.

Q: Does premium of CI Perfect Care Rider increase based on increasing age range?
A: Premium of CI Perfect Care Rider increases based on increasing age range of the insured.

Q: Is premium of CI Perfect Care Rider eligible for tax deduction?
A: Premium of CI Perfect Care Rider is eligible for personal income tax deduction according to the Notification of the Director- General of the Revenue Department on Income Tax No. 383.

Q: Does CI Perfect Care Rider need to be purchased to attach to a life insurance policy (base contract)?
A: CI Perfect Care Rider is a rider that needs to be purchased to attach to a life insurance policy (base contract).

36 critical illnesses under this rider are as follows:

1. Alzheimer’s Disease
2. Aplastic Anemia 
3. Bacterial Meningitis 
4. Benign Brain Tumors 
5. Blindness
6. Cancer 
7. Cardiomyopathy 
8. Liver failure 
9. Severe Chronic Obstructive Pulmonary Disease / End-stage Lung disease
10. Coma
11. Coronary Artery By-pass Surgery 
12. Acute Heart Attack 
13. Heart Valves Surgery
14. Chronic Kidney Failure 
15. Loss of Hearing 
16. Total and Permanent Disability (TPD)
17. Loss of Speech 
18. Major Burn 
19. Major Head Trauma 
20. Major Organs Transplantation or Bone Marrow Transplantation
21. Motor Neuron Disease 
22. Multiple Sclerosis 
23. Muscular Dystrophy 
24. Fulminant Viral Hepatitis
25. Paralysis 
26. Parkinson’s Disease 
27. Primary Pulmonary Arterial Hypertension 
28. Major Stroke
29. Surgery to Aorta 
30. Lupus Nephritis from Systemic Lupus Erythematosus 
31. Viral Encephalitis 
32. Apallic Syndrome 
33. Poliomyelitis 
34. Polycystic Kidney Disease 
35. Progressive Scleroderma
36. Terminal Illness
*Remark: Coverage of critical illnesses in different stages under this rider is as specified in the policy.

Exclusions of the rider CI Perfect Care are as follows:

1. This rider shall not cover death directly or indirectly, wholly or partly, caused by the following events:  
    1.1 The insured voluntarily commits suicide within one year from the effective date, the latest date of reinstatement, or the date that the Company approves to increase the sum insured amount, whichever is the latest. However, this shall apply to the increasing sum insured amount only. The Company shall be held liable to return all premium recieved from the effective date or the latest date of reinstatement of this rider, or the date that the Company approves to increase the sum insured amount, whichever is the latest.
    1.2 The insured passes away due to the illness that the insured had before the date that the Company approves the insurance, the latest date of reinstatement of the rider, or the date that the Company approves to increase the sum insured amount, whichever is the latest. 

2. This rider shall not cover critical illnesses except permanent disability directly or indirectly, wholly or partly, caused by the following events:
    2.1 In case of abnormalities confirmed by a physician and clearly proven to be related with the critical illnesses or the critical illnesses existing before the effective date of this rider, the date of reinstatement, or the date that the Company approves to increase the sum insured amount, the Company shall not cover the increasing sum insured amount only, unless the insured makes declaration for the Company’s acknowledgment and the Company accepts such risk without conditions to exclude such coverage. 
    2.2 Suicide, or self-inflicted injury or self-inflicted attempt  

3. This rider shall not cover critical illnesses in case of permanent disability caused by the following events: 
    3.1 Suicide, suicide attempts, or self-inflicted attempts 
    3.2 Any injury arising while the insured is committing a felony or being arrested or escaping from such arrest

This rider does not cover any critical illnesses or abnormalities confirmed by a physician and clearly proven to be related with the critical illnesses under this rider occurring within 90 days from the effective date of this rider, the latest date of reinstatement, or the date that the Company approves to increase the sum insured amount of this rider, whichever is the latest. In this regard, in case the Company approves to increase the sum insured amount, the Company shall not cover the increasing sum insured amount only.

Buyers should understand the details, coverage and conditions before deciding to make insurance every time.