Did you know that:

  • By the time a male reaches age 85 there is a 1 in 2 chance they will have been diagnosed with cancer at some point (1 in 3 for females)1.
  • Nearly 20,000 new cases of prostate cancer, 14,200 cases of bowel cancer, and 12,500 cases of breast cancer will be diagnosed this year1

With statistics like this it's not a surprise that we all know someone who has suffered from a major critical illness like Cancer, Heart Attack or Stroke.

And did you know that:

  • You have a 1 in 800 chance of your car being stolen?2
  • You have a 1 in 13 chance of having a claim on your home and contents insurance?2

Most Australians would not consider leaving their car or home uninsured, yet they are reluctant to insure themselves against the diagnosis of a critical illness. Why? Because it's not going to happen to them, people believe it's going to happen to someone else. We hear it all the time. 

Critical Illness Insurance pays a lump sum if you are diagnosed with any one of some 35 defined major medical conditions.  The diagnosis does not need to be terminal and it is paid when the diagnosis meets the definition of the policy and is medically confirmed. 

Medical conditions covered include:

  • Cancer
  • Heart Attack
  • Stroke
  • Kidney, Liver or Lung failure
  • Multiple Sclerosis
  • Severe Burns
  • Major Head Trauma
  • Quadriplegia
  • Paraplegia and more...

Speak to one of our specialist risk insurance advisers about how Critical Illness insurance could help to save you and your family.

  1. Cancer in Australia, an overview, Australian Institute of Health and Welfare, December 2010.
  2. Westpac Insurance, www.westpac.com.au, 2010 

A Personal Story

In 2003 Capital Managers Managing Director Geoff Warwick was diagnosed with Cancer. Fortunately he had taken his own advice and put in place Critical Illness Insurance.  His policy paid a lump sum upon diagnosis and according to Geoff, saved his life, "Receiving a lump sum of money at a time in my life when I had a major trauma allowed me to take the time off work and focus on my recovery.  Without this, I would have had to return to work prematurely in order to meet my financial commitments. Having the ability to make a proper recovery saved my life and without the insurance, I believe I would not be here today"