cancercare slides 140608_agent

7/28/2019 Cancercare Slides 140608_agent

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Agenda

Agenda

1.1.About CancerAbout Cancer

2.2. Introduction toIntroduction to CancerCareCancerCare

3.3. CancerCareCancerCare Features & BenefitsFeatures & Benefits4.4. Sample of Case ScenarioSample of Case Scenario

5.5. Underwriting GuidelinesUnderwriting Guidelines

6.6. Commission StructureCommission Structure

7.7. Special IncentiveSpecial Incentive


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Agenda 1

About CancerAgenda 1

About Cancer


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Cancer = Crab ?Cancer = Crab ?Cancer = Crab ?


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The term cancer isderived from Greek wordkarkinos, which means

Crab.The malignant tumour

resemble the claws of acrab

The term cancer isThe term cancer is

derived from Greek wordderived from Greek word

karkinoskarkinos,, which meanswhich means

CrabCrab..The malignantThe malignant tumourtumour

resemble the claws of aresemble the claws of a

crabcrab


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Biography of CancerBiography of Cancer

The origin of the term cancer is karkinos Hippocrates (the Farther of Medicine) was

the first person to clearly describe thedifferences between benign and malignant

History showed the first cancer was foundbetween 3000 BC to 1500 BC.

The origin of the term cancer isThe origin of the term cancer iskarkinoskarkinos

Hippocrates (the Farther of Medicine)Hippocrates (the Farther of Medicine) waswas

the first person to clearly describe thethe first person to clearly describe the

differences between benign and malignantdifferences between benign and malignant

History showed the first cancer was foundHistory showed the first cancer was found

betweenbetween 3000 BC to 1500 BC.3000 BC to 1500 BC.


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Approximately 10.9 million peopleare diagnose with cancer EVERY

YEAR 45% of the patients are from ASIA

Approximately 10.9 million peopleApproximately 10.9 million peopleare diagnose with cancerare diagnose with cancer EVERYEVERY

YEARYEAR

45%45% of the patients are fromof the patients are fromASIAASIA


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LUNG & BREAST cancersare the MOST COMMON of allcancer related death for manand woman respectively

Median age for male is 59whilst female is 53 years old

43,000 cancer cases were

registered with the NationalCancer Registry in 2003.


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Agenda 2

Introduction toCancerCare

Agenda 2

Introduction toCancerCare


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A BasicA Basic--Level Term thatLevel Term that

gives you a completegives you a completecancer coverage up to agecancer coverage up to age

75 years old75 years old


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CancerCareCancerCare at a Glanceat a Glance

1.1. TheThe 11stst Takaful Cancer ProtectionTakaful Cancer Protection Plan in the worldPlan in the world

2.2. The 1The 1stst Takaful Cancer Protection Plan withTakaful Cancer Protection Plan with FuneralFuneral

Expenses (all causes)Expenses (all causes) in Malaysiain Malaysia

3.3. It covers 1It covers 1stst Stage of CancerStage of Cancer ieie.. Carcinoma inCarcinoma in--situsitu

(accelerate payment) and(accelerate payment) and Gender Specific CancerGender Specific Cancer(additional payment)(additional payment)

4.4. 7 Plans7 Plans for you to choose with sum covered rangingfor you to choose with sum covered ranging

fromfrom RM 25,000RM 25,000 up toup to RM 500,000RM 500,000

5.5. Entry Age from 0 to 65 years oldEntry Age from 0 to 65 years old6.6. BasicBasic--Level Term Plan covers up to ageLevel Term Plan covers up to age 75 years old75 years old

7.7. A plan that is specially designed to guarantee yourA plan that is specially designed to guarantee your

peace of mindpeace of mind


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Agenda 3

CancerCare Features& Benefits

Agenda 3

CancerCare Features& Benefits


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Features & Benefits

All Classes

PlanBenefits

1 2 3 4 5 6 7

1. Funeral Expenses RM10,000

2. Cancer Sum Covered 25,000 50,000 75,000 100,000 200,000 300,000 500,000

3. Cancer Specific CISBenefit

25% Acceleration from Cancer Sum Covered (max. of RM50,000)

4. Cancer Benefit 100% of Cancer Sum Covered (75% if CIS Claim is made)

5. Gender Specific Cancer(GSC) Benefit

100% of Cancer Sum Covered (75% if CIS Claim is made)Plus

Additional 25% of Cancer Sum Covered

6. Surplus Sharing 50% : 50%


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Benefit (1)

Funeral Expenses

Pays RM10,000 upon death (all causes)

Suicide Clause; Death Benefits are payable if the

certificate has been in force for at least 12 months(1 year)


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Benefit (2)

Cancer Sum Covered

Pays 100% of Sum Covered or Balance of SumCovered after deducting claims paid upondiagnosis of carcinoma in situ.

All Classes

PlanBenefits

1 2 3 4 5 6 7

Cancer Sum Covered 25,000 50,000 75,000 100,000 200,000 300,000 500,000


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Benefit (3)

Cancer Specific CIS Benefit

Pays 25% Acceleration from Cancer Sum Covered(max. of RM50,000)

Carcinoma In Situ (CIS);

Male CIS Female CIS

Colon (excluding rectum) Breast

Lung Cancer Cervix

Prostate Cancer Uterus

Small Intestine Ovarian

Nasopharyngeal Vagina


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Benefit (4)

Gender Specific Cancer Benefit

Pays 125% of Cancer Sum Covered

(100% if CIS Claim is made)

For each Person Covered, the Cancer Benefitshall be payable no more than one time percertificate.

The Certificate shall terminate upon payment bythe Takaful Operator of the Cancer Benefit.


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Benefit (5)

Surplus Sharing

The surplus from PRIA (if any) will be sharedbetween the participant and the Takaful operator

The sharing ratio is50:50


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RM25,000

Table of Annual Contribution

Product Name: CancerCare Plan Code: CCB

13,437

6,013

2,794

1,122

857

M

8,210

3,697

1,728

704

535

M

PLAN 6

9,393

4,531

2,939

1,689

1,414

F

6,356

3,078

1,993

1,146

957

F

3,318

1,624

1,046

604

500

F

5,597

2,538

1,195

495

374

M

PLAN 5

2,559

1,261

809

468

386

F

15,4672,9832,3301,7801,6761,0401,02360

7,4391,3801,09189780153451150

AGE PLAN 1 PLAN 2 PLAN 3 PLAN 4 PLAN 7

M F M F M M F

20 92 157 132 271 173 213 2,329

30 129 196 181 332 234 286 2,775

40 262 336 395 572 528 662 4,833

All contribution inAll contribution in RinggitRinggit Malaysia (RM)Malaysia (RM)

Minimum Modal Contribution: RM50Minimum Modal Contribution: RM50


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Agenda 4

Sample CaseScenario

Agenda 4

Sample CaseScenario


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Sample of Case Scenario (1)Plan 4

Sum Coverage: RM100,000

A person covered was diagnosed with Carcinoma in situthen after few years contracted with gender specific cancer

RM25,000 RM75,000 RM25,000

25% CIS claim is made. A balance of 75% of Sum Covered is payable

upon diagnosis of Cancer Additional 25% is payable if the diagnosed cancer is GSC Total Payment: RM 125,000

CIS Claim Gender Specific Cancer Diagnosed

25% 75% Additional 25%


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RM100,000 RM25,000

No CIS Claim is made 100% of Sum Covered is payable upon diagnosis of Cancer. Additional 25% is payable if the diagnosed cancer is GSC. Total Payment : RM125,000

Gender Specific Cancer Diagnosed

100% Additional 25%



A person covered was diagnosed with Gender SpecificCancer


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RM25,000 RM75,000 RM25,000

25% CIS claim is made. No normal cancer or GSC diagnosed Total Payment: RM25,000

CIS Claim No Cancer Diagnosed

25%



Scenario 3A person covered was diagnosed with Carcinoma in situ andnever contracted with any cancer until maturity


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RM25,000 RM75,000

25% CIS Claim is made A balance of 75% of Sum Covered is payable upon diagnosis of

cancer Total Payment : RM100,000

Non - Gender Specific Cancer Diagnosed

25% 75%

CIS Claim



A person covered was diagnosed with Carcinoma in situ andlater contracted with non- gender specific cancer


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RM25,000 RM10,000

25% CIS claim is made. This scenario shall apply for death due to Cancer but no Cancer

Benefit Claim is made prior to death. Total Payment: RM35,000

CIS Claim Death due to all causes

25%

+



A person covered was diagnosed with Carcinoma in situ anddied


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Agenda 5

UnderwritingGuidelines

Agenda 5

UnderwritingGuidelines


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Underwriting

Entry Age

Age definition is age last birthday

CANCERCARE Entry Age(CCB) Min. Max

Person Covered 0 65

Applicant 18 No Limit


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Underwriting

Non-Medical Limit

CANCERCARE Non-Medical Limit

Age

0 15 RM200,000

16 35 RM450,000

36 45 RM300,000

46 50 RM150,000

51 55 RM100,00056 - 69 RM10,000


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Agenda 6

Commission StructureAgenda 6

Commission Structure


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Agents Commission

Type ofCommission

1stYear 2ndYear 3rdYear 4th Year 5th Year 6th Year Total

Basic 25% 25% 20% 15% 15% 10% 110%

Overriding 15% 15% 6% 5% - - 41%

Production Bonus 10% - - - - - 10%

Persistency Bonus - 5% 5% - - - 10%

Total 50% 45% 31% 20% 15% 10% 171%


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Production Bonus

CANCERCARE Production Bonus

(%)FYP (RM)

0 4,999 0%

5,000 9,999 2.00%

10,000 24,999 3.00%

25,000 49,999 5.00%

50,000 74,999 7.50%

75,000 & Above 10.00%

Personal Production


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Agenda 7

Special Incentive

Agenda 7

Special Incentive


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Note: Please refer to the memo for details

200%

CREDI

T

Special Incentive

Contest Period:16 JUNE 15 AUGUST 2008Contest Period:Contest Period:16 JUNE 15 AUGUST 2008


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15th Floor, Menara MAA,15th Floor, Menara MAA,

12,12, JalanJalan DewanDewan BahasaBahasa,,50460 Kuala Lumpur.50460 Kuala Lumpur.

Tel: 03Tel: 03--2146800021468000

Fax: 0321430033Fax: 0321430033

Website:Website:www.maatakaful.com.mywww.maatakaful.com.my

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