Critical Illness & Disability
Surviving a Serious Illness Is One Battle. Financial Pressure Is Another.
A serious illness can immediately affect your savings, mortgage, and business — all at the same time.
Critical illness insurance pays a lump sum directly to you after diagnosis of a covered condition. You choose how to use the money during your recovery.
Examples of covered conditions (exact conditions depend on the specific policy and insurer):
Note:
Coverage and eligible conditions vary by product and insurer. All coverage is subject to underwriting approval and policy terms.
Your Income Is One of Your Biggest Assets. Protect It.
If injury or long-term illness stops you from working, your expenses do not pause. Disability insurance replaces a portion of your income while you recover.
Key things to understand (all details depend on the specific policy):
- Monthly benefit to replace part of your lost income
- Own-occupation vs. any-occupation definition — this is especially important for professionals and business owners
- Elimination period — the waiting time before benefits begin
- Benefit period — how long payments continue
Business owners can also use disability insurance to cover business overhead costs during a period when they cannot work.
Note: All features, amounts, and terms depend on the specific product and insurer. Subject to underwriting approval.
