Critical Illness
A cash lump sum on diagnosis, so you can focus on getting better.
What it is
Critical illness cover pays a tax-free lump sum if you are diagnosed with one of the covered conditions, such as cancer, heart attack or stroke. The money is yours to use however you need: treatment, bills, time off work or care.
It pays out on diagnosis and is separate from health insurance, which only covers medical costs.
Why it matters
- Treating a major illness can cost hundreds of thousands of dollars.
- It replaces your income while you are unable to work.
- It covers costs health insurance will not, like home help or travel for treatment.
- Many of us will face a serious illness at some point in our lives.
Critical Illness: what treatment can cost
Critical Illness cover pays you a tax-free lump sum on diagnosis. Pick a covered condition to see the indicative cost of treating it, so you can see why the cover matters.
Indicative cost of treating Cancer
$70,000 – $1,360,000
Full chemotherapy / radiation / surgery course; varies by type and stage.
Note: All figures are in TT$ and are indicative estimates only. Critical Illness insurance pays a fixed lump sum on diagnosis; it does not reimburse the actual bill.
Ready to talk it through?
I'll walk you through critical illness and what fits your situation. No pressure.