Critical illness insurance
Having a serious illness is not something any of us likes to think about, but it happens.
If and when severe illness strikes, improvements in healthy living and medical science means there is a good chance that you will recover and get on with your life. However, treating and coping with such an illness can mean significant and often unexpected costs including time away from your work and can be financially devastating.
Critical illness insurance is an insurance product, where a lump sum cash payment is made if the policyholder is diagnosed with one of the critical illnesses listed in the Insurance Policy. The benefit is an immediate cash payment at the time you need it the most.
Due to the payment of benefits on diagnoses of a serious illness, critical illness is classified as a “living” benefit. It can be linked to life cover. In combination with life cover it is usually referred to as an “accelerated” or “pre-payment” benefit, meaning the payment of all or part of the life cover prior to death.
We, at Gargash Insurance are dedicated to ensure your peace of mind by assisting you acquiring the most beneficial Critical Illness policy thereby protecting your best interests.
If you would like to know more about the Critical Insurance, please contact us.