Guaranteed Issue Critical Illness Insurance

A tax free lump sum payment to you when diagnosed with an Insured Condition while insurance is in force (Rates)

This benefit is meant to provide a payment if you are diagnosed with one of the Insured Conditions following the effective date of your coverage. There is a Pre-Existing Condition limitation, please Contact us to understand how this affects your coverage.

• You must survive 30 days following the date of diagnosis or such longer period.
• The date of diagnosis must be after the effective date of your coverage.
• Payment may be made for a second event, if you are deemed to be fully recovered from the initial diagnosis and not receiving treatment for at least 90 days. The second event must not be the same category of condition as the first and is limited to Cancer, Heart Attack, Stroke, Coronary Artery Bypass or undergoes Aorta Surgery.
The Second Event Benefit is also subject to surviving 30 days after the diagnosis of such Insured Condition.
Coverage will terminate upon benefit payment, and you will not be eligible to re-apply for new coverage under this plan.
• Automatic Increase in Benefit. Your benefits will automatically increase by 5%of the original amount purchased each 5 years coverage is continuously in force, and premiums are paid in full, up to a maximum of 25% additional insurance.
 

CRITICAL ILLNESS INSURED CONDITIONS

• ALZHEIMER'S DISEASE
• AORTA SURGERY
• BENIGN BRAIN TUMOR
• BLINDNESS
• CANCER
• LOSS OF INDEPENDENCE (25% of benefit)
• LOSS OF SPEECH
• LOU GEHRIG’S DISEASE (ALS)
• MAJOR ORGAN FAILURE
• MULTIPLE SCLEROSIS
• COMA
• CORONARY ARTERY BYPASS SURGERY
• DEAFNESS
• DISMEMBERMENT
• HEART ATTACK
• PARALYSIS
• PARKINSON'S DISEASE
• SEVERE BURNS
• STROKE

DCIS - the diagnosis of the presence of Ductal Carcinoma In Situ of the breast, as confirmed by a biopsy. (10% of the benefit amount paid)

Critical Illness Exclusions and Limitations:

Your critical illness insurance will be void and the Insurer’s liability will be limited to the return of all premiums paid if you are diagnosed with DCIS or any type of cancer, had any signs and/or symptoms or medical problems commence, or had investigations leading to the diagnosis of DCIS or any cancer covered or excluded, initiated within 90 days of the policy effective date or the latest reinstatement date of critical illness insurance coverage.

The following are also excluded:

• insured condition diagnosed before the effective date
• alcohol or drug abuse
• declared or undeclared war or any act thereof;
• self-inflicted injury, suicide or any attempt thereat, while sane or insane
• participating in the commission of a criminal act
• for paralysis, blindness, deafness, major burns, stroke, coma or dismemberment, no benefit will be paid if the condition is a result, directly or indirectly, from amateur or professional boxing, bungee jumping, B.A.S.E. jumping, cliff diving, mountain climbing, motor vehicle race or speed competition on land and/or water, parachuting or underwater activities, including scuba and scuba diving
• injury or Sickness (other than Insured Conditions) even if such Injury or Sickness is complicated by one of the Insured Conditions
• a complication of Human Immunodeficiency Virus (HIV) infection or any variance thereof including AIDS and AIDS Related Complex