What is Critical Illness Benefit?

With advances in medical science and the consequent increase in life expectation, the need to protect you and your family is paramount. If you were unfortunate to suffer a heart attack, stroke or cancer, how would you cope financially with loss of income, education fees, mortgage repayments, medical bills, home adaptations and convalescence?

How much Critical Illness Benefit do I need?

As a rule of thumb, it is recommended that Critical Illness Benefit equals 5 times annual income. Needs will vary from person to person, depending on assets, outstanding loans, other income sources and social welfare benefits payable.