Hospitalization Insurance

• CRITICAL ILLNESS
• MEDIGUARD EXTRA
• EXTRAMED
• LADY CARE

These hospitalization plans offer financial support to the insured, who as a result of an illness or accident requires hospitalization for treatment.

What needs are met

Particular emphasis is given to covering situations which can potentially present serious financial problems.

Advantages

Treatment for serious accidents or physical injuries is very costly, if what is being sought is a decent treatment.

• The high insurance amounts for Health policies cover effectively any hospitalization contingencies.
• The option of choosing a policy and also the level of hospitalization make these plans realistic for several income levels
• The ability to choose a Hospital and Doctor enables the insured to choose his/her level of hospitalization
• The cost of Health policies is realistic given the level of cover and benefits sought.

Also, Family Discounts offered make these policies affordable and cover the needs of the whole family.

CRITICAL ILLNESS

With rapid advances in medical research and treatments, the chances of surviving a serious medical condition like cancer or a heart attack are now very high. However, the costs associated with treatment have also risen significantly. MetLife’s critical illness plan provides critical financial support in times of great stress resulting from a critical illness and enables you and your family to continue to live life to the full. Your coverage will provide you with vital financial support if you are diagnosed with any of the following 32 critical illnesses:

Major Cancers, Heart Attack, Coronary Artery By-Pass Surgery, Stroke, Kidney Failure, Blindness (Loss of Sight), Major Organ/Bone Marrow Transplantation, Paralysis (Loss of Use of Limbs), Coma, Deafness (Loss of Hearing), Loss of Speech, Parkinson’s Disease, Alzheimer’s Disease/Severe Dementia, Multiple Sclerosis, Heart Valve Surgery, End Stage Lung Disease, End Stage Liver Failure, Major Burns, Surgery of Aorta, Aplastic Anaemia, Fulminant Hepatitis, Terminal Illness, Poliomyelitis, Primary Pulmonary Hypertension (PPH), Bacterial Meningitis, Encephalitis, Benign Brain Tumor, Major Head Trauma, Apallic Syndrome, Other Serious Coronary Artery Disease, Progressive Scleroderma, Systemic Lupus Erythematosus with Lupus Nephritis

Major Characteristics of the Product

• Issue Age: from 18 to 64
• Maturity Age: 65
• Minimum Face Amount: 5.000
• Maximum Face Amount: 200.000
• Waiting Period: 90 days
• Survival Period: 30 days

Essential advantages of the Program

• Provides second medical opinion or a case management consultation from renowned medical centers in the USA specializing in the treatment of seriously complicated conditions.
• Provides additional financial support and peace of mind in times of great stress resulting from critical illness.   
• The lump sum cash benefit is payable irrespectively and independently of other insurance plans.
• The lump sum cash benefit helps cover living expenses such as mortgages or rent, housekeeping or childcare, utility bills, medical expenses and loss of income.

MEDIGUARD EXTRA

The Mediguard Extra is an in-hospital benefit which covers accident or sickness.

Advantages

• Offers coverage up to the amount of €300.000 (per case)
• Is being offered to individuals with age range from 3 months to 65 years old
• Choice of Coverage Plan, according to deductible amount

•   Plan A         Deductible amount    €   850
•   Plan B         Deductible amount    €1.700
•   Plan C         Deductible amount    €3.400

•   It covers critical illnesses such as :

• Cancer
• Heart attack
• Kidney failure
• Transplant
• Blindness
• Coronary heart disease
• Stroke

with €0 deductible amount

EXTRAMED

Extramed is a benefit package for covering in-hospital expenses that occurs due to accident or sickness for hospitals in Cyprus or abroad.

 When, as a result of injury or sickness, the insured is admitted to hospital as an inpatient and undergo a surgery by a doctor, MetLife Alico will pay the rate for the surgical allowance as per the table below, as well as several other benefits, as mentioned in the benefits table, according to the rules and conditions of the Insurance Contract.

In addition, this package offers benefit compensation in case of hospitalization (without surgery)

Advantages

• Is being offered to individuals with age range from 18 to 64 years of age
• For children is being offered from the age of 3 months
• It offers coverage up to the age of 70 or for life following 10 consecutive years of insurance or more, with a premium increase, every 5 years, which does not exceed the 30% of the last premium

Maximum Days for Benefit Payment per year

• In-Hospital Daily Benefit …………………………………………..      180
• Unit of Intensive Care Daily Benefit ……………………………...        30
• Recovery Daily Benefit …………………………………………….       15

Special clause for motorcycle:   Extra rate will be charged for using more than 75c.c. motorcycle.  In case that the extra rate is not paid, the Company will pay 90% of the claims.

LADY CARE

Facing with particular sensitivity one of the most important health problems, which annoys most frequently the female population in recent years, namely the female cancer, MetLife Alico has issued an innovative and very affordable insurance program, the ALICO LADY CARE.  The lump sum compensation is immediately payable 30 days after the diagnosis date, provided that the first symptom occurred at least 3 months after the issue date of the Contract or any reissue of it.

Female Cancer: Malignant tumors that appear in the Insured Individual and is characterized by uncontrolled growth and spread of malignant cells and tissues in a female organ, as this is described below, which is the primary location of the tumor.

Female Organ:  Breast, cervix, womb, fallopian tubes, vagina, ovaries.

The lump sum immediately payable upon diagnosis of female cancer can be used by the female as she deems, i.e. for repayment of surgery charge, for replacement of loss of income, for home assistance etc.

Advantages

• Innovative and affordable insurance program for women
• Lump sum:

                            Gold            €40.000

                            Platinum     €70.000

• Offers protection to women from 18 to 64 years old with a renewal option until the age of 70