ADHD is the top mental health condition diagnosed amongst 6 to 19 year olds in Singapore⁷ and is believed to affect approximately 5% of children in Singapore⁸. An estimated 4% of children here are also believed to be dyslexic, with more than 3,000 diagnosed⁹ in 2016 alone and, one in 150 children in Singapore has autism, a higher rate than the World Health Organisation's global figure of one in 160 children¹⁰. The government is also stepping up efforts to spot developmental delays in children and provide support¹¹.

 

This rider provides coverage for a child's treatment across an extensive list of 25 child medical conditions until the age of 21. AIA Child Critical Cover rider can also be converted into a lifelong plan, providing the child guaranteed coverage through adulthood.

 

Treatments for ADHD and dyslexia are not covered by any other life insurers in Singapore at present¹².

 

 

The rider's standout 'Power Reset' feature fully restores the critical illness coverage amount to 100% after 12 months have passed from the previous claim, allowing you to make multiple claims for 104 critical illnesses and 5 special conditions, at the early, intermediate and critical stages of up to 200% of your coverage amount.

 

Providing the highest early CI coverage of S$350,000, allows policyholders to focus on recovery without worrying about additional medical costs. It also helps the policyholder to cover living expenses in the event of loss of income should he/she be unable to continue working.

 

 

"When our son, Julius, was admitted into the NICU¹⁴ shortly after birth due to a heart condition, one of our biggest concerns was the costs which would be incurred for his NICU stay and the subsequent medical bills. That was particularly challenging because we'd have much rather focused all our attention on his recovery, and not have to worry about whether you can afford to give him the best treatment possible. Our biggest takeaway from this scare is really about how important it is not just to be insured, but to have both mother and unborn child, protected as early as possible to give you that peace of mind," shared Ms Sharon Tan Mei Yan, a mother and an AIA Singapore customer.

 

With more women giving birth at a later age¹⁵ and more couples attempting IVF16, it is unsurprising that 67% of the study's respondents seek coverage against pregnancy complications, and 7 in 10 worry that their child will be born with birth defects. 24% of the expectant parents surveyed have attempted IVF.

 

"IVF treatment is generally safe and the vast majority of babies conceived by IVF are healthy. However, complications may still occur, with IVF pregnancies more likely to experience problems compared to naturally conceived pregnancies. It also appears that risks of cancer are also higher amongst individuals conceived through IVF", explained Dr Tan Toh Lick, consultant obstetrician and gynaecologist, Thomson Women's Clinic and Thomson Wellth Clinic Singapore.

 

This rider is available exclusively through 'AIA Mum2Baby'¹⁷, a two-in-one plan comprising AIA Pro Lifetime Protector (II) and AIA Baby Protector. We are the only insurer that does not impose birth weight restriction for premature babies admitted into the NICU.

Additionally, the plans' coverage can be subsequently transferred from mother to child within 60 days of birth, ensuring guaranteed coverage from birth through to adulthood – regardless of the baby's health, and concurrently providing an investment solution that can help grow the child's future education fund.

 

Ensuring that your baby is covered against critical illnesses even before they are born, the AIA Total Critical Accelerator rider provides parents with assurance that they need not worry about finances, if something unfortunate happens to their little one. After the baby is born, should he/she be diagnosed with a condition or has undergone a surgical procedure for a Major CI that is directly or indirectly due to any congenital defect or condition before age 6, the CI benefit²⁰ is payable²¹. This is a first in market benefit²² which protects the unborn child against critical illnesses. Typically, if babies are born with serious congenital conditions, this would have surface at birth and thus, getting the child insured may not be easy as insurance applications are often rejected, or the insurance cover is often subject to exclusion, or an extra premium is loaded.

 

The mother can also get insured with another AIA protection plan hassle-free, without underwriting required.