Critical Illness Coverage
Coverage for the financial impacts of a critical illness
Critical Illness (CI) Coverage falls under the category of insurance plans that provide a lump sum living benefit to the policy owner in the event of a covered critical illness.
We offer two levels of Critical Illness Coverage:
Critical Illness Comprehensive
Critical Illness Comprehensive covers a wide range of critical conditions (26 in total), providing comprehensive protection for insureds with coverage amounts up to $1 million.
Critical Illness Core
Critical Illness Core offers a simple application process with minimal qualifying questions and covers the most common conditions (4 in total), making it accessible and efficient. Coverage is available up to $100,000.
Flexible Term Options
Comprehensive and Core are both available with the following flexible term options:
- Term 10 - Renewable and exchangeable, allowing policy owners to renew every 10 years until age 75.
- Term to Age 75 - Provides level critical illness coverage until age 75, with guaranteed premiums.
- Term to Age 75 with Return of Premium on Expiry - Similar to Term to Age 75 but includes a return of premium upon expiry at age 75.
The critical illness benefit is payable once, and the policy then terminates, regardless of the number of critical illnesses diagnosed. No waiting period applies unless specified under a specific covered condition.
Coverage details
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