If diagnosed with a ‘critical illness’, such as a heart attack, stroke or cancer, you may face unexpected calls on your finances. This insurance policy pays out a tax-free lump sum to help you when you need it most.
You can choose cover of between 1x and 5x your annual basic salary. You can also choose to include cover for your partner.
- the policy states what counts as ‘critical illness’
- medical conditions you already have at the time of buying the insurance can’t be covered
At a glance
- Flexible benefit
You can sign up for flexible benefits at any point during the year. Be aware that you can’t always make changes to these benefits at any time during the year, so check on the conditions when you sign up.