Following a recent review, all insurers in Malaysia are required by Bank Negara Malaysia to adopt the standard definitions for critical illness. The new definitions will apply to new and policies renewed on or after 1st April 2016.
The industry-wide use of standardized Critical Illness definitions is to :
We have revised the Critical Illness definitions in accordance to the Guidelines and are pleased to advise the adoption of the standardised definitions will not have any impact on your renewal premium.
For a comparison between current and new wordings of the affected Critical Illness definitions, you may refer to the Critical Illness definitions section of the relevant products in our corporate website as below:
Flexihealth Insurance
http://www.msig.com.my/personal-insurance/products/flexihealth-insurance/
Ladies Lifestyle Protection and Lifestyle Protection
http://www.msig.com.my/personal-insurance/products/ladies-lifestyle/