Need help?
Need help?
Critical Illness Cover
Pays a tax-free lump sum if you get a critical illness.
Critical Illness Cover (or Serious Illness Cover) pays you a lump sum if you're diagnosed with Cancer or one of the other serious conditions we cover. This means that if you get a dread disease, the cover will be paid out in one go.
Like all Sanlam Indie policies, your Critical Illness Cover policy includes a built-in Wealth Bonus. We’ll match up to 100% of your premium in a reward that tracks the market like an investment to grow real wealth for your future.
If you’re diagnosed with a serious condition (like cancer), in addition to coming to terms with the news of the disease itself, you’ll also have to come to terms with the associated expenses (like employing a carer, the cost of treatment not covered by medical aid, and adjustments to your lifestyle). Money should be the last thing you’re worrying about at a time like this.
Our dread disease cover is there to help you conquer it, by covering these costs with a lump sum payout.
Most people choose to have at least R350,000 of cover, or about 6 months of income (after tax but before other deductions) if that’s higher. Your cover amount will grow with inflation each year, but you can choose to opt out of this growth. Also, at any time, you can lower or increase your cover, or remove your cover altogether.
More people are diagnosed with Cancer and other serious conditions these days than ever before. But with the right support, more people can fight back.
Being diagnosed comes with added potential expenses like employing a carer, the cost of treatment not covered by medical aid, and adjustments to your lifestyle. And no-one should have to worry about the financial impact of these at a time like this.
Critical Illness Cover claims will be paid to you, the policyholder. How long that’ll take depends on the nature of the claim, as well as how quickly we’re given the claims documentation.
Yes, under certain conditions, you can claim more than once. If, for example, you successfully claim for quadriplegia, we’ll pay you 100% of the cover amount. Critical Illness Cover continues after the claim, and you’re fully covered for other conditions that are unrelated to your first claim, as if the first claim never happened.
Only if your second claim is related to your first claim, will you not be able to claim again. An example would be claiming for a certain type of cancer that leads to a different type of cancer. In that case, we’ll only pay out once for the maximum of the two conditions.
Critical Illness Cover will not pay a claim if you have been wilfully misleading with the information you provided us.
For most valid claims, we'll pay 100% of the cover amount. There are certain aggressive types of Cancer that may have a very big impact on your life and for those, we will pay 150% of the cover amount.
No. Under current taxation laws, you won't pay any tax on the claim payout.
Your cover amount will automatically grow each year with inflation, but you can choose to opt out of this growth. Also, at any time, you can lower your cover, or increase your cover, or remove your cover altogether.
Depending on the size of cover increase, we may first need you to answer some short medical questions.
Cover will only end if you decide to remove the product and stop paying premiums, or if you die.
You can find a list of the conditions covered here.
