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Thursday, September 2, 2010

The Multiple Crisis cover

You want the best for you and your love ones. That means planning for the future. It also means planning for the unexpected.

Critical illnesses occur much frequently than we realize but fortunately, it is not always a terminal situation. In fact, due to advances in medical science, the survival rate for critical illnesses is rapidly improving and it improves even more if critical illnesses such as heart disease or cancer are treated at an early stage.

Yet the treatment for some illness may involve long periods of rehabilitation, not to mention the possible economic loss and financial burden arising from escalating medical expenses that can often be as debilitating as the illness itself.

So, does existing insurance give you and your loved ones sufficient protection against critical illnesses, especially if it happens again?

Recognizing the need for enhanced protection and peace of mind, we now introduce to you MULTIPLE CRISIS COVER, a unique plan that provides you with multiple critical illness and cancer claims, together with protection against death and disability.

Let us be there to support you all the way

Multiple Crisis cover gives you peace of mind by providing:-

>Critical illnesses claims up to 3 times

>Coverage for 2 instance of cancer

>WAIVE of PREMIUMS upon diagnosis of critical illness

>COMPREHENSIVE coverage for death, disability and critical illnesses.

The Crisis

Most of us are totally unprepared for the financial trauma arising from a critical illness, especially when it strikes with little or no warning.

Should you, as a breadwinner, be stricken by a critical illness, your earnings are likely to cease or at best diminish. Few families are able to sustain any interruption of income for a long time.

Your financial commitments will still continue
…….the mortgage
…….the cost of your medical treatment
…….your children’s education

All these and more will cause stress, anxiety and upset at time when you are least able to cope.

You may own a life insurance policy but you cannot make a claim at all because you are still alive.

Life insurance, by itself, simply no longer provides the scope of protection that many people need.

Dread Disease Policy

Dread Disease policy is a level term which provides cover for death, total and permanent disability and diagnosis of a critical illness.

Sum assured of Dread Disease Policy is paid in the event of total or permanent disability before age 60, death or diagnosis of a critical illness during its term.

Dread Disease Policy is usually used to enhance protection and provide cover for a critical illness.

Dread Disease Policy also available to children below age 16.

Dread Disease Policy can be purchased for various terms but subject to maximum expiry age 70.