CIL

Critical Illness Lump Sum Cover

When your health is your most important asset

What is it?

Critical Illness Lump Sum from Bidvest Life pays a partial or full lump sum (based on the severity of the condition) if you’re diagnosed with a listed critical illness.  

How does it work?

Critical Illness Lump Sum covers you for a specified list of events that pay between 25% and 100% of the chosen cover amount. The Extender Option can be selected to include cover for more than 100 extra events that pay between 5% and 15% of the cover amount.

Who can get cover?

Everyone can insure their income against serious illnesses.

Why you need it

A lump sum provides you with a financial cushion that covers the additional expenses that often arises due to lifestyle changes and the cost of living with a serious illness. The financial injection provides the means to also pay for medical costs of new treatments and technology that might not be covered by medical schemes or gap cover. Receiving a lump sum, whether you work or not, gives you the peace of mind to focus on your recovery and recuperation. 

”A lump sum provides you with a financial cushion that covers the additional expenses that often arises due to lifestyle changes and the cost of living with a serious illness.”

How much does it cost?

You can take up a minimum lump sum of R 100 000  

What can you claim for?

A few examples include, but not limited to; cancer, stroke, heart attack, coronary artery bypass graft, heart disease, Motor Neuron Disease, Parkinsons, physical impairments (amputations). 

What you need to know when applying

1) Benefits
You can select a combination of lump sum and income benefits when you take up both Critical Illness Lump Sum and Critical Illness Income from Bidvest Life. 

2) Policy Cover
You can choose for your cover to stay in place until your selected retirement age or for the rest of your life.

Additional Benefits

1) CI Assist is automatically included with Critical Illness Income and includes a suite of benefits to the value of R50 000, designed to help you and your family with the emotional toll and daily stresses of coping with a critical illness.

2) The Medical Second Opinion Family Benefit is an optional benefit, which offers you and your immediate family an independent medical diagnosis and review of your treatment plan. The service includes access to a global network of more than 100 world-leading medical centres known for medical research breakthroughs and advanced treatments.

How can we help?

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