If you become unable to work due to a serious illness, it can result in significant income loss and expenses.
That’s why we recommend getting Critical Illness Insurance, so you can continue to pay your monthly bills even if you’re unable to work.
The application for critical illness insurance takes only about 15 minutes to complete.
Critical Illness Insurance covers costs if you are diagnosed with any of the diseases covered by the insurance. 25 diseases or conditions are covered by the insurance and they are divided into five categories.If benefits are paid out from one category that category will no longer be covered but the other four categories will still be in effect. Children of the insured are also covered by the insurance policy from the age of 3 months until the age of 18. The insurance will either pay out full benefits, equal to the total insurance amount or partial benefits, equal to 25% of the total insurance amount. Full benefits for a child are equal to 50% of the insurance amount and partial child benefits equal 25% of the amount.
What is covered? | What is not covered? |
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CATEGORY 1 – CANCER | |
| The insurance policy pays full benefits for: | The insurance does not cover: |
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CATEGORY 2 – CARDIOVASCULAR DISEASE | |
| The insurance policy pays full benefits for: | CATEGORY 2 – CARDIOVASCULAR DISEASE |
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| The insurance policy does not cover: | |
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CATEGORY 3 – NERVOUS AND DEGENERATIVE DISEASES | |
| The insurance policy pays full benefits for: | CATEGORY 3 – NERVOUS AND DEGENERATIVE DISEASES |
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| The insurance policy pays partial benefits for: | The insurance policy does not cover: |
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CATEGORY 4 – SPECIFIC EVENTS | |
| The insurance policy pays full benefits for: | CATEGORY 4 – SPECIFIC EVENTS |
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| The insurance policy pays partial benefits for: | The insurance policy does not cover: |
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CATEGORY 5 – INFECTIONS | |
| The insurance policy pays full benefits for: | CATEGORY 5 – INFECTIONS |
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| The insurance policy does not cover: | |
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The insured party must survive at least thirty days after the insurance event was confirmed.
The insurance policy does not cover cancers or MS diseases diagnosed within 30 days of the insurance policy taking effect.
The insurance policy is valid anywhere in the world unless otherwise specified for individual benefit components.
You must report any damage as soon as possible and no later than one year from the date of the damage.
You must ensure that all the information in the insurance policy is accurate.
You must inform us of any changes in your address, telephone number, and email address.
You must follow all the precautions in the terms of the insurance policy.
The premium must be paid on the due date. When the insurance policy is issued or renewed an electronic claim is created in your online bank. You have the option to distribute the premium payments by:
Credit card payment, where the premium is charged monthly to a credit or debit card.
Direct payment, where your bank account is debited monthly.
Corporate distribution, where the premium can be paid in monthly payments.
The insurance policy takes effect upon receipt of a written and complete application from you, provided it is approved. A written application also refers to an electronic application.
Individuals and companies with fewer than five full-time positions can cancel the insurance at any time and it will expire at the end of the following month after the cancellation is received. Other companies can cancel their insurance one month in advance before the end of the insurance period.
The cancellation must be in writing, e.g. with an electronic signature, and will be valid immediately upon receipt upon receipt.
