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S1E25: Cancer cover in Shield plans - Is it enough? WealthBT (Ep 25)

WealthBT

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The Rise of Writers in Life Insurance

GE's writer was to cover up to $200,000 a year for non-CDL drugs. At end March, it revised this upwards to $250,000 so that most policyholders would be within its net. AIA has chosen to launch a new writer called the Cancer Care Booster. This gives you effectively 21 times the managed-shield-life limit for CDL drugs,. And for non-cdl drugs, the cap is $200,00 a year. SingLite Shield: The annual limit is a whopping $1.5 million a year.

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