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Agenda
Agenda
1.1.About CancerAbout Cancer
2.2. Introduction toIntroduction to CancerCareCancerCare
3.3. CancerCareCancerCare Features & BenefitsFeatures & Benefits4.4. Sample of Case ScenarioSample of Case Scenario
5.5. Underwriting GuidelinesUnderwriting Guidelines
6.6. Commission StructureCommission Structure
7.7. Special IncentiveSpecial Incentive
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Agenda 1
About CancerAgenda 1
About Cancer
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Cancer = Crab ?Cancer = Crab ?Cancer = Crab ?
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The term cancer isderived from Greek wordkarkinos, which means
Crab.The malignant tumour
resemble the claws of acrab
The term cancer isThe term cancer is
derived from Greek wordderived from Greek word
karkinoskarkinos,, which meanswhich means
CrabCrab..The malignantThe malignant tumourtumour
resemble the claws of aresemble the claws of a
crabcrab
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Biography of CancerBiography of Cancer
The origin of the term cancer is karkinos Hippocrates (the Farther of Medicine) was
the first person to clearly describe thedifferences between benign and malignant
History showed the first cancer was foundbetween 3000 BC to 1500 BC.
The origin of the term cancer isThe origin of the term cancer iskarkinoskarkinos
Hippocrates (the Farther of Medicine)Hippocrates (the Farther of Medicine) waswas
the first person to clearly describe thethe first person to clearly describe the
differences between benign and malignantdifferences between benign and malignant
History showed the first cancer was foundHistory showed the first cancer was found
betweenbetween 3000 BC to 1500 BC.3000 BC to 1500 BC.
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Approximately 10.9 million peopleare diagnose with cancer EVERY
YEAR 45% of the patients are from ASIA
Approximately 10.9 million peopleApproximately 10.9 million peopleare diagnose with cancerare diagnose with cancer EVERYEVERY
YEARYEAR
45%45% of the patients are fromof the patients are fromASIAASIA
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LUNG & BREAST cancersare the MOST COMMON of allcancer related death for manand woman respectively
Median age for male is 59whilst female is 53 years old
43,000 cancer cases were
registered with the NationalCancer Registry in 2003.
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Agenda 2
Introduction toCancerCare
Agenda 2
Introduction toCancerCare
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A BasicA Basic--Level Term thatLevel Term that
gives you a completegives you a completecancer coverage up to agecancer coverage up to age
75 years old75 years old
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CancerCareCancerCare at a Glanceat a Glance
1.1. TheThe 11stst Takaful Cancer ProtectionTakaful Cancer Protection Plan in the worldPlan in the world
2.2. The 1The 1stst Takaful Cancer Protection Plan withTakaful Cancer Protection Plan with FuneralFuneral
Expenses (all causes)Expenses (all causes) in Malaysiain Malaysia
3.3. It covers 1It covers 1stst Stage of CancerStage of Cancer ieie.. Carcinoma inCarcinoma in--situsitu
(accelerate payment) and(accelerate payment) and Gender Specific CancerGender Specific Cancer(additional payment)(additional payment)
4.4. 7 Plans7 Plans for you to choose with sum covered rangingfor you to choose with sum covered ranging
fromfrom RM 25,000RM 25,000 up toup to RM 500,000RM 500,000
5.5. Entry Age from 0 to 65 years oldEntry Age from 0 to 65 years old6.6. BasicBasic--Level Term Plan covers up to ageLevel Term Plan covers up to age 75 years old75 years old
7.7. A plan that is specially designed to guarantee yourA plan that is specially designed to guarantee your
peace of mindpeace of mind
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Agenda 3
CancerCare Features& Benefits
Agenda 3
CancerCare Features& Benefits
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Features & Benefits
All Classes
PlanBenefits
1 2 3 4 5 6 7
1. Funeral Expenses RM10,000
2. Cancer Sum Covered 25,000 50,000 75,000 100,000 200,000 300,000 500,000
3. Cancer Specific CISBenefit
25% Acceleration from Cancer Sum Covered (max. of RM50,000)
4. Cancer Benefit 100% of Cancer Sum Covered (75% if CIS Claim is made)
5. Gender Specific Cancer(GSC) Benefit
100% of Cancer Sum Covered (75% if CIS Claim is made)Plus
Additional 25% of Cancer Sum Covered
6. Surplus Sharing 50% : 50%
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Benefit (1)
Funeral Expenses
Pays RM10,000 upon death (all causes)
Suicide Clause; Death Benefits are payable if the
certificate has been in force for at least 12 months(1 year)
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Benefit (2)
Cancer Sum Covered
Pays 100% of Sum Covered or Balance of SumCovered after deducting claims paid upondiagnosis of carcinoma in situ.
All Classes
PlanBenefits
1 2 3 4 5 6 7
Cancer Sum Covered 25,000 50,000 75,000 100,000 200,000 300,000 500,000
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Benefit (3)
Cancer Specific CIS Benefit
Pays 25% Acceleration from Cancer Sum Covered(max. of RM50,000)
Carcinoma In Situ (CIS);
Male CIS Female CIS
Colon (excluding rectum) Breast
Lung Cancer Cervix
Prostate Cancer Uterus
Small Intestine Ovarian
Nasopharyngeal Vagina
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Benefit (4)
Gender Specific Cancer Benefit
Pays 125% of Cancer Sum Covered
(100% if CIS Claim is made)
For each Person Covered, the Cancer Benefitshall be payable no more than one time percertificate.
The Certificate shall terminate upon payment bythe Takaful Operator of the Cancer Benefit.
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Benefit (5)
Surplus Sharing
The surplus from PRIA (if any) will be sharedbetween the participant and the Takaful operator
The sharing ratio is50:50
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RM25,000
Table of Annual Contribution
Product Name: CancerCare Plan Code: CCB
13,437
6,013
2,794
1,122
857
M
8,210
3,697
1,728
704
535
M
PLAN 6
9,393
4,531
2,939
1,689
1,414
F
6,356
3,078
1,993
1,146
957
F
3,318
1,624
1,046
604
500
F
5,597
2,538
1,195
495
374
M
PLAN 5
2,559
1,261
809
468
386
F
15,4672,9832,3301,7801,6761,0401,02360
7,4391,3801,09189780153451150
AGE PLAN 1 PLAN 2 PLAN 3 PLAN 4 PLAN 7
M F M F M M F
20 92 157 132 271 173 213 2,329
30 129 196 181 332 234 286 2,775
40 262 336 395 572 528 662 4,833
All contribution inAll contribution in RinggitRinggit Malaysia (RM)Malaysia (RM)
Minimum Modal Contribution: RM50Minimum Modal Contribution: RM50
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Agenda 4
Sample CaseScenario
Agenda 4
Sample CaseScenario
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Sample of Case Scenario (1)Plan 4
Sum Coverage: RM100,000
A person covered was diagnosed with Carcinoma in situthen after few years contracted with gender specific cancer
RM25,000 RM75,000 RM25,000
25% CIS claim is made. A balance of 75% of Sum Covered is payable
upon diagnosis of Cancer Additional 25% is payable if the diagnosed cancer is GSC Total Payment: RM 125,000
CIS Claim Gender Specific Cancer Diagnosed
25% 75% Additional 25%
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RM100,000 RM25,000
No CIS Claim is made 100% of Sum Covered is payable upon diagnosis of Cancer. Additional 25% is payable if the diagnosed cancer is GSC. Total Payment : RM125,000
Gender Specific Cancer Diagnosed
100% Additional 25%
Sample of Case Scenario (2)Plan 4
Sum Coverage: RM100,000
A person covered was diagnosed with Gender SpecificCancer
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RM25,000 RM75,000 RM25,000
25% CIS claim is made. No normal cancer or GSC diagnosed Total Payment: RM25,000
CIS Claim No Cancer Diagnosed
25%
Sample of Case Scenario (3)Plan 4
Sum Coverage: RM100,000
Scenario 3A person covered was diagnosed with Carcinoma in situ andnever contracted with any cancer until maturity
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RM25,000 RM75,000
25% CIS Claim is made A balance of 75% of Sum Covered is payable upon diagnosis of
cancer Total Payment : RM100,000
Non - Gender Specific Cancer Diagnosed
25% 75%
CIS Claim
Sample of Case Scenario (4)Plan 4
Sum Coverage: RM100,000
A person covered was diagnosed with Carcinoma in situ andlater contracted with non- gender specific cancer
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RM25,000 RM10,000
25% CIS claim is made. This scenario shall apply for death due to Cancer but no Cancer
Benefit Claim is made prior to death. Total Payment: RM35,000
CIS Claim Death due to all causes
25%
+
Sample of Case Scenario (5)Plan 4
Sum Coverage: RM100,000
A person covered was diagnosed with Carcinoma in situ anddied
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Agenda 5
UnderwritingGuidelines
Agenda 5
UnderwritingGuidelines
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Underwriting
Entry Age
Age definition is age last birthday
CANCERCARE Entry Age(CCB) Min. Max
Person Covered 0 65
Applicant 18 No Limit
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Underwriting
Non-Medical Limit
CANCERCARE Non-Medical Limit
Age
0 15 RM200,000
16 35 RM450,000
36 45 RM300,000
46 50 RM150,000
51 55 RM100,00056 - 69 RM10,000
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Agenda 6
Commission StructureAgenda 6
Commission Structure
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Agents Commission
Type ofCommission
1stYear 2ndYear 3rdYear 4th Year 5th Year 6th Year Total
Basic 25% 25% 20% 15% 15% 10% 110%
Overriding 15% 15% 6% 5% - - 41%
Production Bonus 10% - - - - - 10%
Persistency Bonus - 5% 5% - - - 10%
Total 50% 45% 31% 20% 15% 10% 171%
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Production Bonus
CANCERCARE Production Bonus
(%)FYP (RM)
0 4,999 0%
5,000 9,999 2.00%
10,000 24,999 3.00%
25,000 49,999 5.00%
50,000 74,999 7.50%
75,000 & Above 10.00%
Personal Production
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Agenda 7
Special Incentive
Agenda 7
Special Incentive
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Note: Please refer to the memo for details
200%
CREDI
T
Special Incentive
Contest Period:16 JUNE 15 AUGUST 2008Contest Period:Contest Period:16 JUNE 15 AUGUST 2008
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15th Floor, Menara MAA,15th Floor, Menara MAA,
12,12, JalanJalan DewanDewan BahasaBahasa,,50460 Kuala Lumpur.50460 Kuala Lumpur.
Tel: 03Tel: 03--2146800021468000
Fax: 0321430033Fax: 0321430033
Website:Website:www.maatakaful.com.mywww.maatakaful.com.my
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