CRITICAL ILLNESS INSURANCE

Critical Illness Insurance is designed to protect healthy individuals should they become critically ill at a later date. If you are diagnosed with one of the listed critical conditions below, you qualify for a lump sum benefit, based on the amount of coverage that you purchased. There is no need to satisfy a waiting period and you will receive a cheque for the payment of the benefit once the claims process is completed.

There are 24 conditions that are covered under a standard critical illness insurance policy.

The 24 conditions are as follows:

Cancer (life threatening)

Heart attack

Stroke

Coronary Artery Bypass Surgery

Dementia (including Alzheimer’s)

Parkinson’s

Motor neuron disease

Multiple sclerosis

Occupational HIV infection

Paralysis

Server burns

Kidney failure

Aortic surgery

Aplastic anemia

Bacterial meningitis

Benign brain tumour

Blindness

Coma

Deafness

Heart valve replacement or repair

Loss of limbs

Loss of speech

Major organ failure (or on wait list)

Major organ transplant