Critical Illness Cover
While life insurance protects your family if you're no longer here, critical illness cover protects you. It provides a tax-free lump sum if you are diagnosed with a serious illness as defined in your policy, such as a heart attack, stroke, or certain types of cancer. The goal is to provide financial support during a difficult time, helping you focus on recovery rather than worrying about money.
This payment can be used however you see fit: to pay off your mortgage, cover medical expenses, or simply give you the financial freedom to take time off work.