BabyCover

The cost of insurance for BabyCover is levied through deduction of units from investment account of your policy. The amount to be charged will depend on the amount and type of insurance coverage chosen, as well as other factors such as age, sex, health status, etc.

BabyCover shall not cover:

1. any illness or surgery other than diagnosis of or surgery for a Child Illness or Child Development Disorder as defined in the Supplementary Contract;
2. the signs or symptoms of the Child Illness has manifested prior to or within sixty (60) days from the Issue Date or the Life Assured's date of birth or Reinstatement Date of the Supplementary Contract, whichever is later; or
3. the Child Illness or Child Development Disorder arises directly or indirectly from a Pre-Existing Condition as defined, and which has existed prior to the Issue Date or Reinstatement Date of the Supplementary Contract, whichever is later;
4. the Child Illness, where in Our opinion, was caused directly or indirectly by the existence of Acquired Immune Deficiency Syndrome (AIDS) or by the presence of any Human Immunodeficiency Virus (HIV) infection. We reserve the right to require the Life Assured to undergo a blood test for HIV as a condition precedent to acceptance of any claim. For the purpose of the Supplementary Contract,
   1. the definition of AIDS shall be that used by the World Health Organization in 1987, or any subsequent revision by the World Health Organization of that definition.
   2. an infection shall be deemed to have occurred where in Our opinion, the blood or other relevant test(s) indicate either the presence of any Human Immunodeficiency Virus (HIV) or Antibodies to such a Virus;
5. any Child Illness which is due to self-inflicted injuries while sane or insane; or
6. any Child Illness resulting directly or indirectly from alcohol or drug abuse.

Service Tax (if applicable) will be charged at the rate of 6% on the applicable portion of your premium/fee/charges for the period of insurance coverage.

You should satisfy yourself that this rider will best serve your needs and that the cost of insurance under this rider is affordable. A free look period of fifteen (15) days or such longer period as may be specified by Bank Negara Malaysia, will be given from the receipt date of the supplementary contract for you to review its suitability and should you choose to return this rider within the period, the amount to be refunded shall be the cost of insurance deducted for this rider less any expenses incurred for medical examination.

The Cost of Insurance is not guaranteed and We reserve the right to revise the Cost of Insurance by giving the policyholder three months written notice prior to the next policy anniversary. The adjustment in Cost of Insurance, if any, will aim to reflect Our claim experience. The Cost of Insurance may also be revised under other justified circumstances. Such changes, if any, shall be applicable to all Policy Owners irrespective of their claim experience.