Critical Illness Insurance
It’s easy to take good health for granted yet illnesses like heart disease and cancer affect many working age Australians. Having protection can help keep your life on track financially while you deal with the process of recovery, and can help you afford access to the specialists and specialised treatments you may need.
We all know someone who has been suddenly diagnosed with cancer or has had a stroke. It’s estimated that almost one in two Australian adults aged 30-plus will experience a serious health condition like a stroke, heart attack or cancer^. It’s a scary thought.
Private health insurance, if you have it, may go part of the way to meeting your medical bills. But it won’t provide the funds needed to support your family, keep your home or provide a decent lifestyle for yourself and those you love.
Critical Illness Insurance pays an agreed lump sum if you suffer a listed serious illness or injury, for example a heart attack or cancer, where treatment can be lengthy and expensive. It helps cover the costs of getting well, such as medical treatments, surgery and rehabilitation therapies.
Having protection can keep your life on track while you deal with the process of recovery and can help you afford access to the specialists and specialised treatments you may need.
^NATSEM, Health and Income in Australia, 2003