You may find out more about the product here: https://www.aia.com.my/content/dam/my/en/docs/individuals/criticalillness/A-Life-Lady360_Brochure.pdf
And of course, everyone is asking us "is it worth it?"
Well, on the back of the usual Life, Health, Critical Illness, Personal Accident... does it really make sense for us to get yet another coverage specific for women?
Well, we may not be able to predict the future, but the people around us have had to go through the unfortunate emotional trials and the financial burden that usually comes together really did not miss the party. The impact was not only on the wife, but the husband felt it just as much.
In order to stay relevant and also to have a more comprehensive product line and scope of coverage, insurers tend to market women-specific plans where the sum assured is targeted at important life events such as a marriage, maternity, children's education and so on.
My wife and I consider ourselves to be quite adequately covered in all areas. For those of you that know us and follow us through with our journey together would know as I am a planner myself.
What really struck us was the ability to secure a coverage for our baby(s) for when they come around, without the need to go through medical underwriting. So that was a big plus point for us and we revisited our insurance portfolio and found that we could use a bit more on her Critical Illness coverage.
For the sake of comparison, I ran the quotes on multiple other CI coverage products and found that the rates doesn't differ all that much, but A-Life Lady 360 was the only one that came with a consideration for our baby.
Unlike all the other times, this was an easy decision to make. We are now so much more prepared, even more excited gearing up to start our own family together.
Note:
While these are all important life events, I urge you to compare such policies with the gender-less plans before deciding to buy your policy.
