No strings. No obligations.
Income protection is insurance for your income or salary. If you are diagnosed with a listed illness, Critical Illness Income from Bidvest Life boosts your Temporary Income Protection benefit by an extra 30% and pays out for up to 12 months.
If you have Temporary Income Protection from Bidvest Life, you can add Critical Illness Income. If you are diagnosed with a listed illness, we will pay out 130% of the sum of your insured monthly income for up to 12 months.
Receiving monthly payments, whether you work or not, gives you the peace of mind to focus on your recovery and recuperation. The extra 30% pay-out is there to assist with the extra monthly costs that often arise due to lifestyle changes and the cost of living with a serious illness.
”If you are diagnosed with a listed illness, Critical Illness Income from Bidvest Life, will pay out 130% of your insured income for up to 12 months.”
You can insure as little as R 1000 of your income starting from just R 100 per month.
A few examples include but are not limited to cancer, stroke, heart attack, coronary artery bypass graft, heart disease, Motor neuron disease, Parkinson’s diseases and physical impairments such as amputations.
You need to have Temporary Income Protection from Bidvest Life so that you can add on Critical Illness Income.
2) Claim Assessments
Critical Illness Income claims are assessed only once, and you will receive a guaranteed income stream for the remainder of the payment period, even if you continue to work and receive an income.
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.