Critical Illness

Out of 50 critical illnesses today, the three common illnesses are Cancer, Heart Attack and Stroke.

Critical Illness insurance is a protection to safeguard you and your family from the unfortunate events of death and critical illnesses. Nowadays, a greater number of people are at risk of chronic diseases due to heavy work pressure and unhealthy living habit.

Critical Illness may be used to:

  • Replace for any lost income
  • Pays the cost of treatment
  • Support the financial needs
  • Reduce your financial burden
  • Assist in your recovery any way you choose

Frequently Asked Questions

It comes in over 90 different conditions, known as the early stage or medical illnesses. The most common type of critical illnesses are heart attack, cancer, stroke, kidney failure, Alzheimer’s disease, paralysis, and so on.
Protection to you and your family against the unfortunate event of illness.
Yes, health insurance helps pay for medical expenses in a hospital/ clinic, whereas critical illness insurance helps you pay the total sum-assured to support your lifestyle in case your capacity to work/earn has been jeopardized through illness.  
At the moment of diagnosis or death, whichever comes first, the sum-assured + guaranteed cash value + non-guaranteed dividends + maturity dividends is paid out and policy will be closed with no future premiums to be paid (if the policy is still on-going with its payment terms).
Yes, if you buy a policy that covers multiple claims. Diagnosis can recur any time in life, and this can cause a substantial increase to your medical costs. Besides, other organs can get damaged in the treatment process. With multiple features taken on a critical illness policy, you may receive as much as five times of the critical illness sum-assured.  
Yes, there is a 2 years contestability period for any type of life or critical illness insurance.
No, once you have been diagnosed with any type critical illness, the insurer will not accept your risk. However, you still may be able to buy a life insurance. Most insurance companies will not accept application of individuals who are already at a health risk.
Life insurance pays beneficiaries at death. Whereas, critical illness pays you upon diagnosis to help maintain your current lifestyle.
No, most international policies do not have tax.
Before buying a critical illness insurance, you should know how many critical illnesses does it cover; how is the underwriting process; and what are the claims history and background of the insurer.
Yes, you can cancel your critical illness policy; however, it will depend on the cash value at that point of time.
See the list of critical illnesses.
It will depend on your age and the coverage amount taken.

Schedule of Covered Critical Illnesses

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