Life Insurance (otherwise known as Death Cover) is designed to fulfill your financial needs and objectives in the event of your death. Specifically it pays the following benefits:
- A death benefit lump sum paid to your estate; or
- A terminal illness benefit paid when you become terminally ill.
Trauma Cover (otherwise known as Critical Illness Cover) pays a lump sum benefit to you when you are diagnosed with or suffer a critical illness and survive 14 days after diagnosis or the event occurring. Critical illness means you are certified by a medical practitioner as meeting any of four medical conditions; being cancer, heart attack, stroke and coronary artery disease requiring by-bass surgery.