Critical Illness

Critical Illness Cover: Protecting You When Life Takes an Unexpected Turn

Critical Illness Cover (also known as Critical Illness Insurance) can help protect your finances if you’re diagnosed with a serious illness.

This long-term insurance policy covers specific critical illnesses listed in the terms and conditions. If you’re diagnosed with one of these conditions, the policy will provide either a lump sum or regular income to help cover your mortgage or other expenses during a challenging time.

Examples of conditions that may be covered include:

Stroke
Heart attack
Certain types and stages of cancer
Conditions like multiple sclerosis

Most policies also cover permanent disabilities resulting from illness or injury. However, the payout is a one-time payment, and the policy ends after the payout.

Some policies may offer a smaller payment for less severe conditions or if one of your children is diagnosed with one of the covered illnesses.

It’s important to note that Critical Illness Cover will only pay out if you’re diagnosed with one of the conditions listed in the policy, and each condition may have specific criteria that need to be met for a payout.