Does Your Critical Illness Insurance Cover Recurrences?

Hong Kong is one of the most expensive cities to live in, and with ever-growing medical costs, the cost of living is an issue that cannot be ignored. According to numbers from the Census and Statistics Department, the consumer price index of 2016 experienced a 2.4% increase since 2015. Medical services have no choice but to raise their prices to cope with inflation. To put the rising medical cost into perspective, let’s consider the treatment for breast cancer, one of the top three causes of cancer deaths in Hong Kong. In 2012, a private hospital charges HK$61,300 for mastectomy. From 2017 onwards, this procedure costs a minimum of HK$81,980. Moreover, the total medical expenditure varies greatly between critical illnesses. A news report from 2014 shows stage two breast cancer treatment with 18 injections a year costs HK$300,000. Thus, the sum insured in your policy should be sufficient to avoid under-insurance in times of need and treatment.

Cancer recurrence is another matter of concern. Perhaps some cancer patients and their families believe once the patient survives for more than 5 years, they are considered cured of cancer. However, clinical experience has proven 1 out 3 cancer patients who survived more than 5 years show signs of metastasis or recurrence. A case of breast cancer metastasizing to the bone 28 years later was recorded in Hong Kong, the patient was immediately treated with targeted therapy and radiotherapy to control the condition. Therefore, cover for multiple critical illnesses should be considered when choosing a policy, to have the claim honoured when a listed recurring illness of cancer, acute myocardial infarction, or stroke is diagnosed.

The road to recovery is long and costly; patients are weighted down with both physical illness and financial burden. Staying healthy could prevent certain diseases, but being financial prepared for the unexpected is also an important means of precaution. If your family and yourself are insured for critical illness, reviewing the sum insured periodically is of utmost importance. As medical expenses rise with inflation, the sum insured may not keep up. There are also critical illness insurance policies that cover multiple claims to provide you support in the unfortunate event of recurrences. Click the link below to know more.


For terms and conditions and the full list of exclusions, please refer to product brochure and policy provisions.

The content and information contained in this website is authorized by a third party drug information provider. FWD Life Insurance Company (Bermuda) Limited ("FWD") is not responsible for the accuracy of the content. All information and analysis provided above are for reference only. They are not considered as professional opinion or suggestion, and do not contain any intention or inducement to form a contract. Therefore, no purchasing decision should be made based on the information or analysis provided above.

Note: The information in this website is for reference purpose only, and should not be considered as an offer or solicitation for any of the products or investments mentioned herein. FWD reserves the right to make changes and corrections to its opinions expressed and information contained in this website at any time, without any prior notice. You are advised to seek independent advice from appropriate professionals (such as doctors, or mental health professionals, etc) if you have any enquires with the medical related information. FWD expressly disclaims all liability for the use or interpretation by others of information contained in this website. The related insurance plan is underwritten by FWD and subject to the respective terms and conditions. Please refer to the product brochure and Policy Provisions for details. Any insurance application with regards to relevant policies will be subject to sales and underwriting procedures and requirements. Should you have any queries, please do not hesitate to contact your advisor or call our Customer Service Hotline at 3123-3123.

24-hour Service Hotline 3123 3123 OR