What is your corporate policy in the event of a heart attack, stroke or cancer?

 Your business may be able to carry on but will it be profitable without you?

 What is your bank’s lending policy for someone who has just had a heart attack, stroke or cancer? If you ask for a loan, chances are your bank manager or loans officer might have a heart attack on the spot.

 Would your stress be higher or lower after you had been diagnosed with a heart attack, stroke or cancer?
 Are you facing more or less competition in the market place today? Do you feel your competition would relax if you had a heart attack, stroke or cancer or would they get even more aggressive?
 How much would your life insurance company pay you if you survived a heart attack?
 If you had a Critical Illness today, what would happen to your business or Income?

Claims experience shows the 3 major reasons for Trauma Insurance claims are Heart Attack, Stroke and Cancer. 75% of the population will suffer from one of these in their lifetime.

Health is seen as a resource for everyday life. The basic resources for health are Income, Shelter and Food.

We get out of bed each day to go to work to earn money. Why did we get out of bed? Because we are healthy. Without our health, there’s a threat for those resources for everyday life. It is very easy to understand that the concept of Health consists of 2 parts:

 Your Physical Health, which is needed to bring out your and opportunities in life to earn yourself the money, and

 Your Financial Health, that gives you the definition of MENTAL, SOCIAL & PHYSICAL well-being.

According to estimates of various global and domestic organizations, with increasing prevalence of life-style diseases in the country, one out of four Indians is at risk of dying from non-communicable diseases like cardio-vascular ailments or cancer before the age of 70.

A CI plan is a kind of fixed benefit health insurance plan that pays a lump sum amount, equal to the sum insured, to the insured on acquiring a serious aliment such as cancer or a stroke. A CI cover provides a lump sum benefit which can pay for the cost of care and treatment, recuperation expense and even pay off any debt if taken. Regardless of your hospital expenses, the insurer pays the full sum insured.

The number of critical illnesses covered by insurers may vary. Most insurers cover 8 to 20 major critical illnesses or even more. Some of these are cancer, coronary artery bypass surgery, heart attack, stroke, kidney failure, aorta surgery, heart valve replacement, major organ transplant and paralysis.

Critical illness can also mean loss of income, total or partial disability and change in lifestyle. The financial burden could be far more than what an indemnity health plan, which pays hospital bills, would cover. Buying a critical illness plan is the best way to get over these shortcomings.

One can buy CI as an individual plan or even as a family floater (FF). Some non-life insurance (general) insurers and standalone health insurance companies)may allow CI to be added to a base Mediclaim plan. The term of a CI cover offered by non-life insurers and standalone health insurers is usually smaller than that offered by life insurers. A standalone policy offers more flexibility in choosing the sum insured and larger covers as compared to riders.

we can show you a way that in the event of a critical illness, we will pay off your business loans, your house mortgage, loans, and other debts.

Does this sound like a win-win business decision to you?

In the event that you are diagnosed with one of these illnesses, what would be the amount of mortgage balance that you want protected?