Things you need to know
We all think about the future — what we want to achieve and experience and with whom we want to share it.
Saving for a successful retirement means having a solid investment plan in place but a serious illness diagnosis can put that plan on hold, or worse, require liquidation to pay for recovery expenses.
Including Critical Illness Insurance in a retirement plan can help protect against an unexpected serious illness and getting the coverage in place early means affordable health insurance protection.
Don't be taken by surprise and protect against a critical illness
- Critical Illness insurance provides a tax-free, lump-sum benefit if you are diagnosed with a covered condition as defined in your contract and outlive the 30-day survival period.
- The money received can be used however you choose, without restriction. For example, to make mortgage payments, home renovations, continue to contribute to retirement, pay for specialized medical treatment, out of country treatments and more.
Expert Medical Opinion
The plan pays a lump sum benefit in the event you meet the policy definition of any of the following covered critical illnesses:
- Alzheimer’s disease
- Aortic surgery
- Aplastic anemia
- Bacterial meningitis
- Benign brain tumor
- Loss of speech
- Major organ transplant
- Major organ failure on waiting list
- Motor neuron disease
- Cancer (life-threatening)
- Coronary artery-bypass surgery
- Multiple sclerosis
- Occupational HIV infection
- Heart attack
- Heart valve replacement
- Kidney failure
- Loss of independent existence†
- Loss of limbs
- Stroke (cerebrovascular accident)
- Severe burns
- Parkinson’s disease
For most conditions, your benefit can be paid after the 30-day survival period. Refer to the policy for specific definitions and exclusions.