No one plans to get sick, but the unexpected can happen at any time. Living with a critical illness often means major changes to your lifestyle and can present serious financial challenges. But you can help yourself and your family by being financially prepared.
Critical illness insurance is a lump sum, tax-free amount of money paid out to you by an insurance company in the event that you are diagnosed and survive a critical illness such as cancer, stroke, Multiple Sclerosis, heart attack or other serious illness. It is designed to give you financial support before, during and after treatment when a critical illness is diagnosed.
Critical illness insurance can help you recover your financial footing after surviving a critical illness. You can use the money to cover lost income, pay for private care or reduce the worry of other financial stresses, so you can focus on getting back to your life.