- Lump Sum Payment
- Built-in Children's Trauma benefit
- Optional Total and Permanent Disability Benefits.
- Worldwide Cover
Trauma & Critical Illness
Gives you and your family financial flexibility during a serious illness or injury.
Trauma Cover provides a lump sum payment should you suffer one of the covered conditions. The covered conditions are by nature serious and potentially life threatening and as a result, can have a significant financial impact. Trauma Cover is designed to help alleviate this financial impact. The lump sum payment can help reduce debt, purchase specialized equipment, pay for home modifications, provide additional care, create an investment fund to generate ongoing income, or enable business ownership to be restructured, among other things. The purpose of the funds is entirely yours to decide.To validate your claim you need to survive 14 days after being diagnosed with a covered condition such as cancer heart attack or stroke.
Can I fix my Trauma & Critical Illness premiums ?
Yes you can.
There are several options available, with different premium structures including:
Yearly Stepped- Your premium are based on your current age and sum insured. They start out relatively low, but will increase each year with age.
Level Term- Premiums are fixed for the life of the policy. At the start they will be more expensive compared to yearly stepped. But in the end you may be better off as yearly stepped premiums keep increasing.