Critical Illness is offered to members as an affordable add-on to their existing policy, providing for a one-off lump sum payment if members are diagnosed with a qualifying critical illness such as cancer or a stroke.
It is not designed as a substitute for health insurance, instead it is designed to meet the wider health and wellbeing needs of members should they experience a critical illness. At that time, it is paramount patients look after their wellbeing in order to recuperate properly without unnecessary financial stress.
Policyholders can choose their level of cover, either $20,000, $50,000 or $100,000, and this amount is then the payout in the event a member suffers a qualifying critical illness. Premium rates are competitive and based on the level of cover, age, gender, smoking status, Body Mass Index (BMI) and health history.