Critical Illness

Critical illness insurance pays a direct lump-sum benefit should you are diagnosed with cancer, heart attack, stroke and numerous other serious illnesses. This money is for your own benefit and it is your decision in how you may want to use it.

This may differ from insurer to insurer, however, the general coverage includes the following illnesses:

Critical illness insurance acts as a complementary to your health insurance, as it can serve as an extension and plug missing gaps from your health insurance. Subsequently, a greater sense of financial security and stability can be found, as this hollistic approach can provide you a peace of mind with regards to unforeseen circumstances that may be out of your control.

The most common theme for parametric insurance is to evaluate whether your business can be affected by weather. Farms can be affected by torrential rain and wind mills can be affected by the number of wind knots.

The only factor determining the cost is age. However, it does not go up frequently and the premiums are relatively cheap.

Choosing CHAZ as your broker for critical illness has some perks to it. Our claim team can act on behalf of you, giving you a peace of mind at a time where it may be stressful.

The content provided is for informational and educational purposes only. The coverage written may change without notice and may not be applicable to all situations and policies. Terms, conditions and qualifications are also subject to circumstance, supplementary material and underwriting. CHAZ Insurance Brokers Ltd. is not liable for any discrepencies should there be any. For more information, please contact us via the enquiry form below.