How it works
Critical illness cover is not the same as normal hospitalisation cover.
Depending on the product, benefits may be paid as a lump sum, treatment reimbursement, or a combination of benefits after a listed condition meets the policy definition. The exact diagnosis definition, waiting period, survival period, exclusions and payout structure matter.
- Check the exact list and definitions of covered illnesses.
- Compare lump-sum versus indemnity / treatment-support benefits.
- Review waiting and survival periods before relying on the cover.
- Disclose medical history accurately during underwriting.
PolicyMaart checklist
What should you compare?
- Number of listed critical illnesses and stage definitions
- Available sum insured / benefit amount
- Single-pay or multi-pay structure
- Survival period and waiting period
- Pre-existing disease and other exclusions
- Age, medical tests and underwriting requirements
Product availability, eligibility and benefits are subject to the insurer's current policy wording and underwriting.
