Near Death insurance pays out when you get ill with something really serious, which is likely to have a pretty big impact on the rest of your life.
When you apply for life insurance with us, depending on your answers to the questions, we might give you the option of getting a price for near death insurance. You’ll need to answer some extra questions, but if the suits say yes it’s your choice; Life Insurance + Near Death Insurance OR just Life Insurance.
If you opt to take out a life and a near-death plan with us and you get a really nasty illness, we’ll pay out 50% of your payout, and then another 50% if you die after that. If you die and you haven’t already claimed for a really nasty illness – we will pay the whole of your payout.
We cover four common major health issues:
Not all cancers are equal, so we can only payout if it’s one which is not so easily treatable and is likely to have a bigger impact on your life, therefore we can only payout for cancer that has progressed to prognostic stage 2 or equivalent on TNM classification.
A heart attack which leads to a permanent reduction in your heart’s effectiveness (Measured by an ejection fraction of 45% or below at least one month after the attack).
A stroke which leaves you with permanent disability or impairment to your nervous system (Measured as a level 2 or above on the Modified Rankin Scale at least one month after the stroke).
MS which results in persisting clinical impairment of motor or sensory function (Supported by findings of objective evidence on MRI).
