Guaranteed Critical Illness Insurance Protection

Benefits and Features of Edge Benefits Guaranteed Critical Illness Insurance Protection Plan

Edge Benefits will pay the insured a tax-free lump sum amount if diagnosed with a critical illness condition covered by the policy such as aortic surgery, coma, paralysis, and so forth. Up to 23 critical illnesses are covered by this plan. To receive the benefit, the insured is expected to survive the 30 days survival period. Also, you can only receive the second event benefit if you survive 30 days after the diagnosis.

• The critical illness insurance plan is in three tiers: tier 1, tier 2 and tier 3. Tier 1 offers benefits up to $25,000, tier 2 up to $50,000 and tier 3 up to $100,000.
• If diagnosed with any of the critical illnesses covered by the policy, you will receive a tax-free lump sum payment provided you survive the 30 days survival period.
• You can only receive the Second Event Benefit if you survive 30 days after the critical illness diagnosis.
• You are no longer eligible to reapply for a new coverage in this plan after the second event benefit has been paid.
• If your premiums are paid in full, your benefits will be subject to an automatic increase of 5% of the original amount after 5 years up to 25% at no extra cost.
• Up to 23 life-threatening illnesses are covered by this plan. The covered critical illnesses include aorta surgery, cancer, deafness, dismemberment, paralysis, severe burns, stroke, occupational HIV infection, loss of independence, Alzheimer’s disease, benign brain tumor and so forth.

Ask your Broker about Guaranteed Critical Illness Insurance Protection Quotes and Compare!