MG Insurance Launches 'Smart Comprehensive Health Insurance' Covering Everyday to Critical Illnesses

On the 11th, MG Insurance announced the launch of the 'Smart Comprehensive Health Insurance,' which provides integrated coverage from common illnesses to critical diseases requiring high-cost treatments.

[Asia Economy Reporter Oh Hyung-gil] MG Insurance announced on the 11th that it has launched the 'Smart Comprehensive Health Insurance,' which provides integrated coverage from lifestyle diseases to serious illnesses requiring high-cost treatment.

It focuses on prevention, treatment, and prognosis in three stages for cancer, cerebrovascular diseases, and cardiovascular diseases. With newly added coverage for heart-related disease surgery costs and thrombolytic therapy costs, it guarantees prevention and treatment of cerebrovascular and cardiovascular diseases, and provides continuous diagnosis fees, rehabilitation treatment fees, and outpatient treatment fees for cancer, brain, and heart conditions.

Additionally, a special rider has been prepared that pays monthly insurance benefits for 10 years upon diagnosis of cancer, stroke, or acute myocardial infarction, or in case of 50% or 80% or more disability due to disease or injury.

For the first time in the industry, it includes coverage for female infertility diagnosis fees and infertility treatment fees (artificial insemination, in vitro fertilization), actively supporting infertility procedures. It also covers surgery costs for the five major lifestyle diseases common among working women, as well as thyroid, uterine, and breast-related diseases that young women need to manage regularly.

For middle-aged and older adults, it covers chronic diseases such as shingles, gout, benign prostatic hyperplasia, and diabetes, as well as mild and severe dementia, artificial joint surgery, and rheumatoid arthritis for the elderly.

The eligible age for subscription is from 15 to a maximum of 70 years old. If subscribed with an automatic annual renewal type, premium payments are waived upon occurrence of up to 10 reasons for exemption, including cancer and 80% or more disability due to injury or disease.

This content was produced with the assistance of AI translation services.