Zurich International Life has recently launched the enhanced Futura, and this post provides the updated Zurich Futura Critical Illness List.
What is Critical illness Benefit?
Zurich Futura Critical Illness Benefit pays a lump sum if the insured is diagnosed with one of the defined illnesses or disabilities covered in the Futura policy.
What is does?
The Critical Illness Benefit pays a cash sum if you are diagnosed with one of the defined illness or disabilities or you undergo a medical procedure covered by your policy (including cancer, heart attack and stroke). The claim payment is made as a single lump sum.
Entry Age : The Entry age for this benefit is between 18 and 59, while the maximum age of protection is age 95 or till the policy is in force.
Deferment Period : Zurich Futura Critical illness benefit has a deferment period of 90 days – which means that this benefit does not start until 90 days from the date of risk commencement. or the policy start date.
Maximum Amount : The maximum amount of critical illness benefit available on Futura is the lower of $1,250,000 or the life cover selected.
Inclusive Benefit : The Critical Illness Benefit on Zurich Futura is an inclusive benefit, which means that, the amount of critical illness claim paid, reduces the life cover to that extent.
For Eg : If a UAE resident has a Zurich Futura with $500,000 life cover and $400,000 critical illness cover, and he is paid a claim of $400,000 on diagnosis of a critical illness, his life cover will come down to $100,000, after deducting the critical illness claim.
In the event of his death, his beneficiary will receive $100,000 as death claim.
Full list of critical illnesses
1. Aorta graft surgery – for disease and trauma
2. Aplastic anaemia – resulting in permanent symptoms
3. Bacterial meningitis – resulting in permanent symptoms
4. Benign brain tumour – resulting in permanent symptoms
5. Blindness – permanent and irreversible
6. Cancer – excluding less advanced cases
7. Cardiomyopathy
8. Coma – with permanent symptoms
9. Coronary artery bypass grafts – with surgery to divide the breastbone
10. Creutzfeldt-Jakob disease – requiring continuous assistance
11. Deafness – permanent and irreversible
12. Dementia (including Alzheimer’s disease) before age 65 – resulting in permanent symptoms
13. Ductal carcinoma in situ of the breast – with specific treatment (partial payment)
14. Encephalitis
15. Liver failure – end stage
16. Lung disease – end stage/respiratory failure – of specified severity
17. Heart attack – of specified severity
18. Heart failure
19. Heart valve replacement or repair – with surgery to divide the breastbone
20. HIV infection – caught in a specified country from a blood transfusion, a physical assault or work in an eligible occupation
21. Kidney failure – requiring dialysis
22. Loss of independent existence – resulting in permanent symptoms
23. Loss of hands or feet – permanent physical severance
24. Loss of speech – total, permanent and irreversible
25. Major organ transplant
26. Motor neurone disease
27. Multiple sclerosis – with persisting symptoms
28. Open heart surgery – with surgery to divide the breastbone
29. Paralysis of limbs – total, permanent and irreversible
30. Parkinson’s disease before age 65 – resulting in permanent symptoms
31. Primary pulmonary arterial hypertension – resulting in permanent symptoms
32. Stroke – with permanent symptoms
33. Systemic lupus erythematosus – of specified severity
34. Third-degree burns – covering 20% of the body’s surface area or 50% of the face’s surface area
35. Traumatic head injury – with permanent symptoms
36. Children’s critical illness
To know more about Zurich Futura Critical illness benefit, please call me on +97155-7701792 or write to me on damodhar,mata@nexusadvice.com.
Click here, to download the detailed Zurich Futura Critical Illness Benefit Guide.
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