No one needs the added financial, practical and emotional problems that a serious illness can bring. Life is complicated enough when you are fit, well and have a steady source of income. No matter a person's age, health is something that should not be taken for granted. We realise thinking of serious illnesses is distressing. But preparing for the future will ensure you will be able to cope if you or your family becomes seriously ill.
Serious illness insurance entitles you to a lump sum amount if you suffer from one of the specified illnesses covered on your plan. Spending your lump sum on maintaining your standard of living or helping your family cope financially during a difficult time can be brought into effect after an individual is diagnosed with a common illness.
Choosing the amount of cover you need and how you use it, is up to you. Meeting mortgage and loan repayments or everyday bills and expenses, are just some examples of how our clients choose to use their serious illness pay-out. Depending on your policy, an amount will be payable to you if you suffer any of the illnesses listed in your policy.