A Life insurance policy pays out a lump sum to your loved ones in the event of your death, leaving them with means to continue with their standard of living and to pay off any ongoing debts, such as a mortgage or children tuition fees.
Health Insurance covers your ongoing private medical expenses. There is flexibility to choose Hospitalisation only or broader coverage to include Outpatient, Maternity and Dental. This can include coverage for Cancer and Chronic Conditions.
A critical illness insurance policy will ensure you have the resources to cover the costs of medical treatment and the loss of earnings as a result of being unable to work. Some illness or injuries may stop you from working, either on a short term basis or potentially forever.