Personal Insurance :: Crisis Protection Plan
Crisis insurance is designed to cover you if you wish to safeguard yourself and your family from financial harm in the event of suffering a medical crisis.
In the event of a medical crisis, terminal illness or death, crisis insurance provides a lump sum that could assist to cover your extra medical costs, or, if necessary, make up for lost income.
Crisis insurance covers you for 37 critical illnesses.
If you decide to take out a crisis policy you have two premium options (which both include any optional benefits you may have chosen).
There are two premium options available:
- Stepped Premiums, which are based on age and recalculated each year on the policy anniversary, and
- Level Premiums, which are based on your age when the policy is started and remain the same throughout the term of the policy.
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For more information about Life Insurance Plans, contact TOWER today.
