What Is Critical Illness Insurance?

Medical advances have dramatically improved the survival rates of people who suffer critical illnesses such as cancer, stroke, and heart disease. Recovery may come with a significant financial cost that impacts both you and the people close to you. Critical illness insurance offers the financial help to pay the costs associated with life-altering illnesses. If you become sick with an illness covered by your policy and survive the waiting period, you’ll receive a lump-sum cash payment. And, unlike reimbursed health insurance benefits, you decide how to spend the money.

Key Benefits

Money-Back If no Claim
Guaranteed Acceptance
Coverage up to age 75
Tax-free Benefits paid to you
Lump-sum payment on Diagnosed illness
Non-Medical options also available
Coverage for Cancer survivors also available

Why Do You Need Critical Illness Insurance?

Almost everyone has a family member, a relative, a friend, or a co-worker, who has suffered from a major, possibly fatal illness. It is a sad truth and an unavoidable series of events in people’s lives. The reality is, when these life-threatening events do occur, it is good to know that you have put the protection in place for yourself and your family. Critical illness coverage offers a lump-sum, tax-free payment when the covered illness is diagnosed. Additionally, Critical Illness insurance gives you the flexibility to consider other medical treatments and medications, even those that may not be covered by government plans. It lets you choose the kind of healthcare you want.

With a Critical Illness policy, you receive a lump-sum payment that can be used to cover costs — including medical care, travel expenses, or wages of a family member leaving work to help. Critical Illness Insurance can be an important element in your financial plan. By paying you cash benefits when you are diagnosed with a specified covered illness, It helps to alleviate some of the stress that you are already facing.

Does Buying Critical Illness Makes Sense?

With increased life expectancy and medical advances, the risk of living with a serious illness is significant, and the costs can be staggering. Government healthcare provides only the basics. Depending on your needs, We can help:

• Keep you and your family in your home,
• Keep your business running,
• Cover the cost of extended health care requirements,
• Allow you to undertake out-of-country or alternative therapies,
• Allow you to take a leave from work to care for a sick family member

Most Covered Condition:

Heart attack
Stroke
Cancer (life-threatening)
Alzheimer’s disease
Aortic surgery
Aplastic anaemia
Bacterial meningitis
Benign brain tumour

Blindness
Coma
Coronary artery bypass surgery
Deafness
Heart valve replacement
Kidney failure
Loss of independent existence*
Loss of limbs

Multiple sclerosis
Occupational HIV infection
Paralysis
Parkinson’s disease
Loss of speech
Major organ failure on waiting list
Major organ transplant
Motor neuron disease

*Loss of independent existence provides a benefit for cognitive impairment and/or a total and permanent inability to perform two or more of: bathing, dressing, toileting, continence, transferring, feeding