Health and disability
Health and disability protection
Stay financially secure through life’s uncertainties with our health and disability protection plans. Designed to cover medical expenses and income loss due to illness or injury, our solutions offer reliable support when you need it most
Health and disability protection
- Alleviate financial stress with plans that cover essential medical expenses, ensuring you get the care you need without compromise.
- Protect your livelihood with disability plans that provide consistent income support during periods of unexpected health challenges.
- Secure peace of mind with coverage options that guarantee support for long-term care needs, promoting stability and comfort in your daily life.
Living benefits - Financial access during health crises
Living benefits allow you to access a portion of your life insurance benefit if you’re diagnosed with a serious health condition. This helps you focus on recovery without the worry of immediate financial burdens.
Types of living benefits
Discover the various types of living benefits designed to provide financial support during critical illnesses, disabilities or long-term care needs, ensuring stability and peace of mind when it matters most
- Critical illness benefit - Receive a lump sum upon diagnosis of specific severe illnesses, such as cancer or heart attack.
- Chronic illness benefit - Provides financial support for chronic conditions that limit daily living activities.
- Terminal illness benefit - Access part of the policy’s death benefit if diagnosed with a terminal illness, typically with a limited life expectancy.
Who it’s best suited for
- Ideal for those seeking financial support during major health challenges to ease the burden of treatment costs.
- Suited for individuals looking to safeguard their personal finances while focusing on recovery
- Perfect for ensuring access to quality caregiving services when needed most.
Long Term Care Insurance - Secure quality care
Long term care insurance covers extended care needs, from home health services to assisted living and nursing homes. It’s essential for protecting savings and ensuring you can afford the care you need as you age.
Types of Long Term Care Insurance
Learn about the various types of disability insurance, designed to replace lost income and provide financial stability during short-term or long-term periods of disability caused by illness or injury.
- Traditional Long Term Care Insurance - Standalone coverage specifically for long-term care services.
- Hybrid Long Term Care Insurance - Combines long-term care with life insurance, offering a death benefit if care is not needed.
- Indemnity Long Term Care Insurance - Pays a set daily benefit regardless of actual expenses.
- Reimbursement Long Term Care Insurance - Reimburses costs up to a policy limit based on actual care expenses.
Who it’s best suited for
- Ideal for individuals approaching or already in retirement who want to preserve their financial assets.
- Best for those looking to shield their savings from unexpected healthcare or long-term care expenses.
- Perfect for individuals who want reliable access to top-tier care, whether in-home or at a specialized facility.
Disability insurance - Income protection in uncertain times
Disability insurance replaces a portion of your income if an illness or injury prevents you from working. Policies can be customized based on your occupation and income needs.
Short Term Disability Insurance
Covers income for a limited time typically up to six months.
Long Term Disability Insurance
Provides longer coverage. potentially up to retirement age.
Own Occupation Disability Insurance
Own Occupation Disability Insurance offers financial protection if you’re unable to perform your specific job due to illness or injury, even if you can work in another role.
- True own occupation - Pays benefits if you’re unable to work in your specific job, even if employed in another role.
- Modified own occupation - Pays if you’re unable to work in your occupation and are not employed in any other job.
- Any occupation disability insurance - Provides benefits only if you’re unable to work in any capacity based on your skills and experience.
- Residual disability insurance - Covers partial income loss if you’re working part-time due to disability.
Who it’s best suited for
- Beneficial for individuals in high income roles who want to protect their earnings in case of illness or injury.
- Great for self employed individuals seeking disability protection outside of employer coverage.
- Designed for individuals seeking financial stability throughout recovery or a long term disability.
Safeguard your well-being
Get answers to protect your health and financial security in times of need
1. What’s the difference between “own occupation” and “any occupation” disability insurance?
“Own occupation” coverage provides benefits if you can’t perform your specific job duties, while “any occupation” coverage requires you to be unable to work in any occupation.
2. Does disability insurance cover both short-term and long-term disabilities?
Yes, disability insurance can offer both short-term and long-term options depending on your policy and coverage needs.
3. What are living benefits in a life insurance policy?
Living benefits allow you to access part of your life insurance benefit if diagnosed with a serious illness, helping cover expenses during treatment.
4. How do I determine how much disability insurance coverage I need?
The amount of disability coverage you need typically depends on your income, lifestyle, and existing savings. Most policies offer coverage between 50-70% of your pre-disability income.
5. Can I purchase additional disability insurance on top of my employer’s coverage?
Yes, you can purchase supplemental disability insurance to bridge any gaps in coverage and provide additional financial security beyond what your employer offers.