What would happen if you
suffered a serious illness? What
level of cover do you have
and is it enough?
If
you have to rush your injured
child to the emergency room,
following some sort of accident,
you don’t ask questions about
what the sutures or the bandages
cost. In fact, you probably
don’t think much at all about
the cost of the care that is
being delivered, your only
concern is that it works.
That’s most people’s response
when they receive a diagnosis of
cancer too. Few of us are going
to stop to quiz the oncologist
about the cost effectiveness of
the treatment that gets
proposed-our only concern is to
get the treatment that gives us
the best chance at survival.
And yet when you do survive, as
more and more cancer patients
are doing, the bill will come
due. And that’s when you would
wish you have had more candid
conversations early on about
prices and options.
Millions of people throughout
the world suffer heart attacks,
strokes, or contract cancer.
Most of us know of someone from
our circle of friends of
families who have suffered from
some form of serious illness.
When we are ill, the last thing
we want to think is our
finances. However, failure to
have a plan in place, could end
up being your biggest setback
down the road.
If
something terrible happened to
your child and you didn’t have
insurance, wouldn’t you probably
mortgage your house to make sure
they were cared for?
Critical illness
cover is a relatively recent
addition to the life insurance
industry. This benefit pays a
lump sum to clients if they are
diagnosed with a covered
illness. It gives them leeway to
relax about their finances and
focus on getting better.
The Life Plan
is a flexible regular premium
insurance policy that offer a
cover benefit for the whole of
your life and will pay a lump
sum if you are diagnosed with
terminal illness or on death. It
also allows clients to choose
the right amount of critical
illness cover that meets their
financial circumstances. The
minimum level of Critical
illness cover starts at USD
45,000 and goes up to a maximum
of USD 750,000.
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Premiums depend on your age
at the time of the contract,
amount of cover, whether you
are a Smoker or not, your
Health condition and whether
additional benefits are
selected.
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Payments can be made in USD,
EUR, GBP, JPY on a monthly,
quarterly, semi-annual or
annual basis
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Other Benefits: Term life
cover, Accidental death
benefit, Term critical
illness cover, Waiver of
premium (if you are unable
to work)
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Extra benefits (no cost):
Airplane cover, Children’s
critical illness cover,
Guaranteed insurability
cover, Repatriation benefit,
Temporary accidental death
benefit (cover while the
company processes your
application)
Without further delay you can
have peace of mind that your
loved ones will not be left
financially vulnerable.
If
you would like to receive the
literature of Life Plan, please
contact us. Free quotations are
also available on request. Call
on 03 5724 5100 or
email.