Critical illness

Critical illness is what we call cancer cover which provides financial protection to individuals in the event they are diagnosed with a critical illness. This coverage is designed to offer financial support beyond what traditional life insurance provides, specifically addressing the substantial costs associated with treating and managing critical illnesses.

When a policyholder is diagnosed with a critical illness that is covered by the policy, such as cancer, heart attack, stroke, organ failure, or certain other specified conditions, they become eligible to receive a lump-sum payment. This payment can be used to cover various expenses related to the illness, such as medical treatments, medications, rehabilitation, home modifications, and other unforeseen costs that arise during their recovery.

Critical illness coverage is meant to ease the financial stress that prevent from being unable to work, including medical expenses, and dealing with lifestyle changes brought about by the illness.

In summary, critical illness cover offers an additional layer of financial protection in the face of severe medical conditions. It can provide policyholders and their families with peace of mind, knowing that they have some financial support available during a challenging time.