UPDATED: Allianz Powerlink MediCover Schedule of Benefits & Premium Table

MediCover is the hospitalization and surgical/medical plan rider within Allianz Powerlink investment-linked life policy. This ILP has been pretty popular lately due to its affordability. Some of the selling points for this MediCover medical plan are:

1. Coverage until 80 years old - which is more than sufficient for most people.
2. No co-insurance within the limit of room & board rate
3. 10 times lifetime limit
4. Outpatient cancer & kidney dialysis treatment subject to annual limit
5. Maximum 150 days of hospitalization in normal ward
6. Affordable cost of insurance - at the publishing time, this MediCover medical plan charges one of the lowest fees for medical coverage. However, this cost of insurance is not guaranteed to be level premium.

Allianz Powerlink MediCover Schedule of Benefits
* Just changed to revised schedule of benefits

Allianz Powerlink MediCover Premium Table

* Premium table is still based on previous schedule of benefits listed here. Will update as soon as i get hold of the latest premium table.

Note: In the quotation that i got from Allianz, the medical plan is quoted until age 65 only and at age 65, the cash value for my 35k sum assured + MediCover 200 plan only has about 2000 - 3000 left (assuming minimum returns of 2.5%). So please be aware that there is very high likelihood that you need to top up the premium in order to sustain the life/medical coverage beyond age 65.

To view the comparison of this medical plan with other leading medical cards in the market, please visit this article.

Disclaimer: The information published is for your reference only. Please refer to your insurance agent for the most up to date information.