AIA Hong Kong and Macau has introduced two new critical illness protection plans.
The new plans – "Executive Care Pro" and "Multiple Care Pro" – provide the range of coverage up to 61 critical illnesses and specified illnesses with protection up to $1,000,000 per life. These two plans also offer up to five choices of premium payment terms while providing guaranteed cash value, non-guaranteed annual dividends and a non-guaranteed maturity dividend.
AIA Hong Kong and Macau, a member of the AIA Group, cited a study of 2008 cancer statistics from Hong Kong Cancer Registry, Hospital Authority that one out of five people in Hong Kong is at serious risk of contracting cancer before turning 75. Official data also found the number of cancer patients requiring hospitalisation jumped 56% from 2005 to 2009 with a total of over 490,000 hospitalised cancer patients during the same period.