SEVERE ILLNESS COVER
Protection from the financial implications of a severe illness diagnosis
What is severe illness cover all about?
Severe illness is any acute or chronic illness and/or health condition that carries a high risk of mortality, negatively impacts quality of life and daily function, and/or is burdensome in symptoms, treatments, or caregiver stress.
Why do I need severe illness cover?
Severe Illness diagnosis and physical trauma happen suddenly and unexpectedly. These are life-changing events that come with significant financial costs. It is a scary subject to think about, but with the right financial planning, you can address this risk.
Provide for the extra expenses of living with a severe illness.
No matter your age or how healthy you are, anyone can be diagnosed with a severe illness. To get the right treatment and maintain your health can be very expensive, even if you have medical aid. However, you can be financially prepared and protect your and your family’s financial well-being with Severe Illness Cover.
Severe illness can be addressed by purchasing Severe Illness Cover – It is also refer to as “Critical Illness Cover” or “Dread Disease Cover”.
How much severe illness cover do I need?
Consider what your loved ones will need in the coming years.
To find out how much Cover you need, work out what portion of your income your family needs today. Because that is what they will need if you die tomorrow. The amount of cover you’ll get will be based on a number of factors, some being your individual risk profile and your monthly premium.
How much will you pay?
The cost of the insurance will depend, among other things, on:
- Your age, and
- Your risk profile when you take out the plan.
Because life is unpredictable, you can:
- Change or add beneficiaries on your insurance policy at any time
How to make a claim
When you or your beneficiaries need to submit a claim, contact our office on 056 515 1181 and our friendly experienced staff will inform you of the procedure you will need to follow and the relevant documentation required to process your request.