There are different waiting periods on Bowtie Children's Growth Term Critical Illness Insurance, which vary based on the plans. Below is a detailed breakdown:
Buy before child is born
| Insured Life | Coverage Type | Waiting Period |
| Mother | Pregnancy Complications & Compassionate Death Benefit | 30 days |
| Baby | Congenital and Juvenile Diseases and Treatments | 90 days after birth |
| Baby | 1. Genetic Diseases 2. ICU Admission ≥ 72 hours 3. Phototherapy for Severe Jaundice 4. Compassionate Death Benefit |
No waiting period |
Buy after child is born
| Insured Life | Coverage Type | Waiting Period |
| Baby | All items | 90 days (from the policy effective date) |
Any diagnosis or conditions that arise within this period will not be covered.
Why having such a complicated design?
When designing our products, we need to balance protection and risk.
Adding different waiting periods is to prevent some insured persons from immediately purchasing insurance after discovering disease risks during prenatal check-ups, showing symptoms after birth, or being diagnosed with illnesses, and then immediately filing claims, which would create an unfair situation for other insured persons.