SERVICES WE OFFER
DEATH,
DISABILITY & CRITICAL ILLNESS
COVER
Prepare for the unexpected and make sure that you protect your family and your financial security in a time of crisis.
LIFE COVER FOR YOU AND YOUR FAMILY
Life insurance ensures that you and your family are financially protected in the event of a death, disability, severe illness or loss of income. The life cover portion pays out a lump sum in the event of a death which can then be used by your loved ones to cover any financial obligations - from funeral costs to outstanding home loans - that may arise from your death.
Income replacement for months or years of lost salary
Paying off your home mortgage.
Paying off other debts, such as car loans, credit cards, and student loans.
Providing funds for your kids' education.
Helping with other obligations, such as care for ageing parents.
Benefits of having life insurance:
Contact Capitalise Wealth Management today to get your plan on track…
DISABILITY COVER, PROTECTING YOUR BIGGEST ASSET
Disability cover ensures that you’ll continue to have an income, even if you're no longer able to work due to illness or injury. It provides for expenses that occur because of the disability suffered, for example, alterations to your vehicle or home. It isn’t just about planning for the worst to happen... it’s a positive step toward protecting your financial future.
Benefits of disability insurance:
Gives you the assurance that you will still have an income should you become disabled because of injury or illness.
Ability to earn an income if you fall ill or have to be hospitalised.
Disability insurance can be for temporary or permanent disabilities.
Lump-sum is paid out in full if you become permanently disabled.
Lump sum can be used to settle any outstanding debt or medical expenses, or for making the necessary changes to your home to enable you to lead as normal a life as possible.
Contact Capitalise Wealth Management today to get your plan on track…
CRITICAL ILLNESS COVER, WHAT MATTERS MOST
Critical Illness Cover is designed to ease the financial pressures of suffering from a severe illness, by paying a lump-sum amount if you are diagnosed with, and survive, a life altering illness such as cancer, heart attack, stroke, multiple
sclerosis or Parkinson’s disease.
Helps to alleviate the financial stress, so that you can focus on managing your illness.
Provides coverage against specific life-threatening diseases.
Disability insurance can be for temporary or permanent disabilities.
Lump sum payout for the critical illness cover provides for additional medical expenses that a regular health insurance plan might not cover.
Benefits of critical illness cover:
Contact Capitalise Wealth Management today to get your plan on track…
QUESTIONS & ANSWERS
WHY DO I NEED LIFE COVER?
Life cover ensures that your financial responsibilities are taken care of in the event of your death. It replaces the income you would have earned during your working life, ensuring that your family is financially secure.
WHO NEEDS LIFE COVER?
Anyone who has outstanding debt, and doesn’t have enough existing insurance to cover this debt. Many credit providers insist that you have debt protection before lending you money – especially in the case of home and vehicle loans. Life Insurance protects your loved ones from debt with a single lump-sum payout.
WHAT IS COVERED BY ACCIDENTAL DEATH/ COVER?
Accidental death is a category of life insurance that only pays out a benefit when the insured is in a covered accident that causes death or specific serious injuries such as the loss of a limb, paralysis, or blindness.
WHAT IS ACCIDENTAL DEATH COVER IN TERM INSURANCE?
Accidental death benefit rider provides financial aid to the family of the life insured in case of an unforeseen demise of the life assured caused in an accident during the coverage period. Accidental death benefit riders are very popular and often opted with term insurance policies.
WHAT IS CONSIDERED ACCIDENTAL DEATH FOR INSURANCE PURPOSES?
Insurance companies consider accidental death to be an event that causes your death as the result of an accident. For example, most car crashes, falls down stairs, machinery, choking, and even drowning are circumstances beyond your control, and thus counted as accidental.
WHAT DOES A CRITICAL ILLNESS POLICY COVER?
A critical illness cover is a policy that pays the insured a lump sum following the diagnosis of an illness covered under the plan. Critical-illness plans often cover diseases like cancer, organ transplant, heart attack, stroke, renal failure, and paralysis, among others.
WHAT IS NOT COVERED BY CRITICAL ILLNESS INSURANCE?
Critical illness insurance coverage will not pay out if your condition isn't serious or if it is a pre-existing condition. Chronic illnesses, like asthma or diabetes, are also typically not covered. You can usually only receive coverage for illnesses listed under your policy's narrow definition of critical illnesses.
