Critical Illness

A serious illness, such as cancer or heart attack, can create a financial burden for your family and drastically affect your life style. Critical illness insurance is designed to ease the financial pressures by paying a tax-free lump sum if you become seriously ill or totally disabled. You must normally survive at least one month after becoming critically ill, before the policy will pay out.

Basic Covered Illness

  • Heart Attack
  • Stroke
  • Coronary Bypass Surgery
  • Breast Cancer
  • Prostate Cancer
  • Other life threatening cancer

In Addition, the following conditions are insured, depending on which insurance company is chosen (Enhanced Coverage):

  • Aorta Graft Surgery
  • Alzheimer’s Disease
  • Balloon Angioplasty
  • Benign Brain Tumor
  • Blindness in both eyes
  • Coma
  • Coronary Artery Disease
  • Heart Valve Surgery
  • HIV Medical Profession
  • Kidney Failure
  • Loss of Hearing
  • Loss of Independent Existence
  • Loss of Limb
  • Loss of Speech
  • Major Organ Transplant
  • Motor Neuron Disease
  • Multiple Sclerosis
  • Parkinson’s Disease
  • Paralysis/Paraplegia
  • Severe Burns
  • Aorta Graft Surgery
  • Alzheimer’s Disease
  • Balloon Angioplasty
  • Benign Brain Tumor
  • Blindness in both eyes
  • Coma
  • Coronary Artery Disease
  • Heart Valve Surgery
  • HIV Medical Profession
  • Kidney Failure
  • Loss of Hearing
  • Loss of Independent Existence
  • Loss of Limb
  • Loss of Speech
  • Major Organ Transplant
  • Motor Neuron Disease
  • Multiple Sclerosis
  • Parkinson’s Disease
  • Paralysis/Paraplegia
  • Severe Burns

Features and Major Benefits

  • Return of premium at death – if you die during the covered period without claiming any critical illness benefit, your premium paid will be returned to your beneficiary or estate.
  • Return of premium at maturity – when the covered period expired and you have not claimed any critical illness benefit, your premium will be returned to you. So it pays to be in good health.
  • Extra income – if you are diagnosed with one of the defined critical illnesses, you might lose your ability to work temporarily or permanently. The benefits from the critical illness insurance can be used to pay your medical bills or replace your lost income.
  • Have the best health care available – with the financial freedom, you can choose the best health care available to you. For example, you can hire a home nurse, or buy equipments and assertive devices, which will help you to recover faster.
  • Have the best doctor available that specialized in the type of critical illness that you have.

> To learn more details about Critical Illness, speak with an experienced advisor at Vance Financial Group.