Comprehensive Critical Illness

What Is It?

Provides the life insured and their children with cover when contracting a major illness, suffering from a specific condition or undergoing a specific medical procedure.

Cover Amount

From R100 000 up to R7 500 000

Exclusions
  • Alcohol or substance abuse (Gastro-Intestinal Groups only) Self inflicted injury
  • Pre-existing conditions (Catch-all Groups and Children)
Who Can Apply?

Ages 19 to 65  at next birthday Individuals or multiple people on one policy.

Benefit Categories

There are 14 benefit categories, which set out the claim event criteria and the portion payable subject to limits and conditions:

  • Cancer
  • Cardiac
  • Cardiovascular
  • Nervous
  • Cerebrovascular
  • Gastrointestinal
  • Kidney and Urogenital
  • Respiratory
  • Connective tissue Sensory
  • Trauma and Musculoskeletal
  • Endocrine
  • HIV
  • Children

Reinstatement Options:

  • Claims prior to 75th birthday: 25% of the benefit amount at the date the life insured meets the new claim event criteria;
  • Claims on or after 75th birthday: 15% of the benefit amount at the date the life insured meets the new claim event criteria.
Important Points

The premium is guaranteed for 10 years

On payment of a claim under this benefit:

  • The amount payable on death will not be altered unless a claim has been paid before the expiry of the 14 day survival period

Effect of a claim on a benefit category:

  • The benefit amount payable for any maximum of 100%.
  • Benefit Category is subject to a Benefit term: whole of life.
  • Each Benefit Category sets out the criteria for the claim events
    If an illness which was previously claimed for has     become more severe as per the benefit cateogory and additional payment will be made

If there are two simultaneous claims the highest will be paid