Lump-Sum Benefit
Receive the applicable insured benefit upon diagnosis of a covered critical illness, subject to the policy terms.
Critical Illness Insurance
Protect Your Financial Future When Life Takes A Turn
A critical illness can bring major medical and financial challenges. Critical Illness Insurance pays a lump sum on diagnosis of a covered illness, helping you manage treatment costs, income loss and other commitments
Protection Against Major Illnesses
Financial Support During Recovery
Flexible Coverage Options
What Is Critical Illness Insurance?
Understanding Critical Illness Insurance
Critical Illness Insurance pays a lump sum when the insured is diagnosed with a covered critical illness. Unlike regular health insurance, which reimburses eligible medical expenses, it pays a predetermined benefit once diagnosis and policy conditions are met, helping with medical costs and other obligations during recovery.
What Does It Cover?
- Covered Critical Illnesses
- Cancer
- Heart-Related Conditions
- Stroke
- Major Organ Conditions
Example:
If an insured person is diagnosed with a critical illness covered under the policy and the diagnosis satisfies the applicable policy conditions, a lump-sum benefit may be paid. This amount can help meet medical expenses, household commitments, loss of income or other financial needs during recovery.
Coverage Components
Comprehensive Financial Protection for Critical Illness
Cancer Protection
Provides financial protection for qualifying cancer diagnoses covered under the policy.
Heart & Stroke Protection
Provides a benefit for specified heart and stroke conditions that meet the policy's definitions.
Major Organ Protection
Provides financial assistance for covered major organ conditions and failures, subject to the policy terms.
Flexible Sum Insured
Select an appropriate sum insured based on your financial responsibilities, existing health coverage and protection requirements.
Additional Benefits
Depending on the insurer and policy, additional benefits or optional covers may be available to enhance your critical illness protection.
Advisory Support
Protect Your Finances Before a Critical Illness Happens
A critical illness can affect your health, income and savings. Our specialists help you find suitable protection.
- 1.
Risk & Financial Requirement Assessment
We understand your financial responsibilities, existing insurance protection and desired level of coverage.
- 2.
Plan Comparison & Policy Structuring
We help evaluate available plans, covered illnesses, sum insured options, waiting periods, survival periods and applicable exclusions.
- 3.
Policy Placement & Documentation
Our team supports you through documentation and policy issuance to help ensure your coverage is correctly structured.
- 4.
Claims Assistance
If a covered critical illness is diagnosed, our team assists with the claim process and coordinates with the insurer.
- 5.
Policy Review & Renewal
We review your coverage at renewal to help keep your critical illness protection aligned with your evolving financial needs.
Protect Your Health.
Secure Your Financial Future.
Prepare for the financial impact of a critical illness with protection designed around your needs.
Frequently Asked Questions
Answers to Common Insurance Queries
Critical illness insurance generally provides a predefined lump-sum benefit upon diagnosis of a covered condition meeting the policy definition, rather than reimbursing hospitalisation expenses.
The medical definition of each covered condition determines whether a claim qualifies. Differences in definitions, survival periods and exclusions can materially affect the protection provided.
Equirus Raghnall reviews covered conditions, definitions, benefit amounts, waiting and survival periods, exclusions and policy terms before comparing available options.
The benefit is evaluated against potential income disruption, treatment-related costs and financial obligations so that the selected sum insured reflects the intended protection objective.
