Last Updated on 16, May 2014
AXA Life launched the Mum's Advantage. Mum's Advantage consists of two products namely:
- MumCare and
- A regular premium policy, the INSPIRE Flexi2
MumCare provides coverage on 5 main benefits
- Death Benefit for mother
- Hospital Care Benefit for mother
- Pregnancy Complications
- Congenital Illnesses
- Hospital Care Benefit for child
Mum's Advantage allows the mother to transfer the life assured of the INSPIRE Flexi2 from her own life to the life of the new born child within 60 days from the date of birth of the child and sum assured not exceeding $200,000 without medical underwriting.
"Without medical underwriting" means there is no medical question to answer.
Note that the AXA Life Mum's Advantage may not be suitable for certain individuals. The INSPIRE Flexi2 may not be suitable for certain individuals as well.
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