Financial Support for Medical Expenses
Covers costs not fully paid by medical aid, such as co-payments, specialised treatments, or experimental therapies. It helps pay for private healthcare, which can be expensive in South Africa.
Income Replacement
Provides financial security if the policyholder is unable to work during treatment or recovery.
Flexibility in Fund Usage
The lump-sum payout can be used for any purpose, such as covering medical bills, paying off debts, funding alternative treatments, supporting family expenses.
Peace of Mind
Reduces financial stress, allowing the policyholder to focus on recovery.
Support for Lifestyle Adjustment
Covers costs associated with adapting to life after a cancer diagnosis, such as home modifications, mobility aids, or care-giving.
Early Detection Benefits
Some policies offer partial payouts for early-stage cancers, encouraging early detection and treatment.
Tax-Free Payout
The lump sum is not subject to income tax, ensuring the full amount is available for use.
Customisable Policies
Allows policyholders to tailor coverage to their specific needs, such as including family members or adding benefits for other critical illnesses.