Life can be unpredictable, and a serious illness can take a significant toll on your finances. Critical Illness Insurance provides a financial safety net when you need it most, allowing you to focus on recovery without the added stress of unexpected expenses. At Duliban Insurance, we’re committed to helping you find the right coverage to safeguard your financial future and protect your loved ones.
Similar to life insurance, critical illness Insurance (CI) provides a lump-sum payout if you’re diagnosed with a serious illness covered by the policy. This coverage is designed to help cover the costs associated with your recovery, including medical treatments, living expenses, and other financial obligations, so you can focus on what matters most—getting better.
Whether it’s cancer, heart attack, stroke, or another covered illness, this insurance can give you peace of mind, knowing you’ll have financial support during tough times.
Even with government health plans and employer benefits, a critical illness can result in out-of-pocket expenses that add up quickly. From lost income to additional medical costs, travel, or home modifications, Critical Illness Insurance can help bridge the gap and provide the financial flexibility you need to maintain your quality of life during recovery.
This coverage is not just for you—it’s for your family too. It ensures that your loved ones don’t bear the financial burden of your illness, giving everyone more time to focus on what’s important.
Some key benefits include…
Receive a tax-free, one-time payment upon diagnosis of a covered illness.
Use the payout for any purpose, from medical bills to day-to-day expenses, travel, or home modifications.
Protect against a wide range of serious illnesses, including cancer, heart attack, stroke, and more.
Know that you and your family are financially protected in case of a critical health event.
If you’re concerned about the financial impact of a serious illness, Critical Illness Insurance is worth considering. It’s ideal for:
Our insurance partners currently provide coverage for 27 conditions. Some of the most common would include life-threatening cancer, stroke, heart attack, paralysis, Parkinson’s, major organ transplants, Multiple Sclerosis, Dementia including Alzheimer’s disease and many other common conditions. Each one of the qualifying conditions will be specified in the policy and is not subject to add or remove any conditions that were covered at the time of application.
Your questions, asked and answered by our team.
There is no limit as to what these funds can cover, but some common uses include covering monthly expenses, protecting retirement savings, covering consultation and treatment costs, taking time for family and even allowing a spouse to take time off work.
Some policies may exclude coverage for pre-existing conditions, but you can still qualify for coverage for other illnesses. It’s important to review your policy carefully to understand what is covered.
The payout is yours to keep, regardless of your recovery status. The purpose of Critical Illness Insurance is to support you through your recovery, but you are not required to repay the benefit if you fully recover.
Once you’ve been diagnosed with a covered illness and meet any waiting period requirements specified in your policy, you can submit a claim for the benefit. The lump-sum payout is typically provided shortly after your claim is approved.
You can customize your policy with optional riders, such as a return-of-premium rider. This allows you to get a refund of all premiums paid if you don’t make a claim after as early as 10 years, though your policy will expire. Other options include a return-of-premium at death, where premiums are refunded if you pass away without making a claim, or second event coverage, which provides an additional payout if you’re diagnosed with another critical illness after your first claim. Various other riders are available to suit your specific needs.
Working with a broker guarantees your access to the best available insurance with the added benefit of personalized support. See for yourself and get a quote now.
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