Critical ILLness

Critical Illness Insurance Pays A Lump Sum Cash Benefit When You Are Diagnosed With A Critical Illness. Appropriately, it's called Critical Illness Insurance. This specialized insurance provides a lump-sum, tax-free payment should a policyholder suffer from certain specific critical conditions.

Critical illness insurance, otherwise known as critical illness cover or a dread disease policy, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy.

List of 30 Critical Illnesses

  1. Major Cancers
  2. Heart Attack of Specified Severity
  3. Coronary Artery By-pass Surgery
  4. Stroke
  5. Kidney Failure
  6. Coma
  7. Paralysis (Loss of Use of Limbs)
  8. Heart Valve Surgery
  9. Blindness (Loss of Sight)
  10. Deafness (Loss of Hearing)
  11. Loss of Speech
  12. Multiple Sclerosis
  13. Fulminant Hepatitis
  14. Major Organ/Bone Marrow Transplantation
  15. Primary Pulmonary Hypertension
  16. Alzheimer’s Disease/Severe Dementia
  17. Surgery to Aorta
  18. Major Burns
  19. Terminal Illness
  20. HIV Due to Blood Transfusion and Occupationally Acquired HIV
  21. End Stage Lung Disease
  22. End Stage Liver Failure
  23. Muscular Dystrophy
  24. Parkinson’s Disease
  25. Aplastic Anaemia
  26. Angioplasty & Other Invasive Treatment For Coronary Artery (with partial payment only)
  27. Bacterial Meningitis
  28. Benign Brain Tumour
  29. Viral Encephalitis
  30. Motor Neurone Disease
This information is not intended to be tax or legal advice, and it may 
not be relied on for the purpose of avoiding any federal tax penalties. 
You are encouraged to seek tax or legal advice from an independent 
professional advisor.