Before we get into the specifics of Manulife CoverMe Critical Illness Insurance, let’s first make sure you know what critical illness insurance actually is.
Critical Illness Insurance is a type of health insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy.
In a nutshell, critical care insurance is there to make sure that you can afford care, medical equipment, make your payments if you’re unable to work, and much more in the event of a sudden unexpected illness or injury.
CoverMe Critical Illness plan is the simple, affordable, flexible and the Manulife’s most popular critical illness insurance product under the health insurance category. With this plan the insurer will receive a tax-free, lump-sum benefit after satisfying the 30-day waiting period if the insurer diagnosed with life-threatening cancer, heart attack, stroke, coronary artery bypass surgery, or aortic surgery.
Nobody expects or desires critical illness but if it occurs you will need to have an adequate insurance coverage to cater for the expenses involved. With CoverMe Critical Illness Insurance, you can surely have peace of mind knowing that you have an insurance plan that you can really rely on when you needed most.
Help protect your income and finances when critically ill with CoverMe Critical Illness Insurance
Manulife CoverMe Critical Illness Insurance coverage could be an excellent income replacement if ever you’re diagnosed with critical illness. With the benefit you obtain, you can repay your debts, finance your mortgage and even invested your business to keep it running.
This popular plan has several benefits outlined below: