What is Critical Illness (CI) insurance?

Updated: Sep 6, 2018

critical illness insurance; CI insurance; CI coverage; CI benefits; return of premium


Our Critical Illness Insurance provides a tax-free, lump-sum money when you are diagnosed with a covered condition as defined in your contract and you survive the 30-day survival period. The money you receive can be used however you choose, without restriction.

Why do you need CI insurance?

You may be strong and healthy, and you may think that you can beat any critical illness that comes your way. And you may be right. In fact, illnesses that would have ended in death just a few years ago are now being treated and even cured. While that’s good news, living through a critical illness and surviving it can cause financial stress for many people.

These are some financial stress that you may face:

  • Loss of income

  • Out of pocket expenses

  • Childcare, if the primary caregiver becomes ill

  • Travel expenses for medical treatments (including gas, hotels, car rental)

  • Home-care services (domestic and personal)

  • Flights for family and friends to visit

Our CI insurance benefits are:

Critical Illness Protection Benefit

Provides a one-time, lump-sum payment if the life insured is diagnosed with one of the Critical Illness Covered Conditions and survives the 30-day survival period.

Early Detection Benefit

Provides a one-time, lump-sum payment per policy if you are diagnosed with one of the Early Detection Covered Conditions and survive the 30-day survival period.

Return of Premium on Death/Expiry/Surrender

Provides a one-time, lump-sum payment upon the death of the insured, expiry/surrender of the policy; It means you will receive all the premium you paid.

Expert Medical Opinion Service (EMOS)

Provided by Advance Medical, EMOS provides you with the opportunity to have the world’s leading medical experts review your medical case and provide your treating physician with a report that includes diagnosis and recommendations.

Your family can access this service at no additional cost, too. This service can be accessed at any time for any medical condition without the diagnosis of a Critical Illness Covered Condition. There is no limit on the number of times this service can be accessed while you have critical illness coverage and for one year after that coverage has expired.

Waiver of Premium

Adding a waiver to your Critical Illness Protection policy will help ensure that your coverage continues if you become totally disabled from something other than a Critical Illness Covered Condition and you are unable to pay your premiums.

You have option of different illness coverage and time frame.