Foresters : Mortgage Protection Options - Critical Illness

Product profile

Description

• To cover the outstanding amount of mortgage or other loan against the financial consequences of critical illness.

• Pays out a guaranteed sum if you're diagnosed as having one of a defined list of critical illnesses or total permanent disability

For

Aged 18 to 59

Critical Illnesses covered

• Alzheimer’s disease before age 60

• Aorta graft surgery

• Benign brain tumour

• Blindness

• Cancer

• Coma

• Coronary artery by-pass grafts with:

• Deafness

• Heart attack

• Heart valve replacement or repair

• HIV as a result of an assault

• HIV as a result of a blood transfusion

• HIV through duties in eligible occupations

• Kidney failure

• Loss of hands or feet

• Loss of speech - permanent and irreversible

• Major organ transplant

• Motor Neurone disease

• Multiple Sclerosis

• Paralysis of limbs

• Parkinson’s disease before age 60

• Stroke

• Third degree burns

• Traumatic head injury

Not covered

• Any illness not specified

• Some forms of cancer

Period of cover

• Minimum -one year
• Cover ends at age 65

Benefits

• You choose the amount

• Total and permanent disability cover

• Waiver of premium

• Guaranteed increase option

Options 

•  Lump sum or income

•  Level or decreasing basis