Critical illness insurance

For most people, a serious illness which stops income would be a major financial problem. Many homes rely on two incomes to sustain a decent standard of living. That standard could be shattered if one income suddenly disappeared for good.

If you are diagnosed with a life-threatening condition, critical illness insurance cover pays you a lump sum. The policy specifies the illnesses covered. No two critical illness insurance policies are alike; each insurer has their own list of covered illnesses. Some policies only cover a few, some allow you to choose which ones to protect.