Why Should You Buy Critical Illness Insurance?
With Critical illness, you can get coverage for five essential illness categories up to 3,000,000 baht. For just a few thousand baht, you can get critical illness insurance that covers you up to millions of baht. Therefore, It holds a lot more importance than you can imagine.
What is Critical Illness Insurance?
Critical illness insurance provides financial support in the event of a severe health diagnosis. This insurance offers a lump sum payment, aiding in covering medical expenses, income loss, and necessary lifestyle changes due to illness.
Cigna, a trusted name in the insurance industry, tailors its plans to suit your needs in Thailand. This firm ensures your financial stability by offering thorough critical illness insurance. Policy benefits include flexibility in using payouts for medical bills, daily expenses, and more. Upon diagnosis of a covered illness, the policy ensures less financial stress during recovery.
Critical illness insurance can alleviate worry over medical treatment costs and income loss. Choosing Cigna’s plan means opting for extensive coverage and reliable support. They provide peace of mind during challenging times, allowing focus on recovery without financial strain.
Benefits of Critical illness insurance:
Critical illness insurance provides significant advantages by offering financial security during difficult times. Upon diagnosis, a lump sum payment is disbursed to cover various expenses, including medical bills and lifestyle adjustments.
Financial Stability
This insurance ensures you won’t face financial instability after a critical illness diagnosis. The payment can be used for anything from mortgage repayments to everyday costs.
Flexible Usage
The lump sum is not restricted to medical expenses. It is versatile, allowing you to use it for travel, home modifications, or even childcare. This flexibility is essential when unexpected circumstances arise.
Extensive Coverage
Cigna, a reputable provider in Thailand, offers thorough coverage for various critical illnesses. Their plans cover a wide range of conditions, giving you peace of mind.
Reduced Financial Stress
Financial stress is significantly reduced when critical illness insurance is in place. Knowing that medical bills and day-to-day expenses are covered allows you to focus on recovery.
Peace of Mind
Opting for critical illness insurance, specifically through Cigna, grants peace of mind. You won’t need to fret over financial challenges or inadequate medical care. Instead, concentrate on recovery and maintaining your quality of life.
Here are some examples of the costs of treating serious diseases
Critical illness insurance covers significant expenses related to serious health issues. Many people in Thailand face high treatment costs for conditions like cancer, heart disease and stroke.
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Customer Reviews
16/12/2020
Thank you so much. I will be recommending this service to my friends and family for sure.
Sally Holland
28/1/2021
I was able to get a policy in no time, Khun Anne did an amazing job explaining the policy to me and guiding me through the entire process. Thank you the thaiger team.
Jammie Thanes
28/12/2020
I couldn’t be happier with this policy. I would recommend you to read the article before applying for the insurance.
James Newman
5/2/2021
Not being familiar with the insurance, it was nice having all the information in once place and answers to my questions.
Sem O’Neal
8/1/2021
The buying experience with Thethaiger was overall very positive and smooth. Online quotes from several providers all at once helped me choose the right provider without having to deal with each of them one by one. The agent completed the survey on the phone in a few minutes and didn’t pressure me to buy the policy.
Robbert Adams
23/1/2021
The Thaiger did an excellent job finding my critical illness insurance and walking me through every step along the way – I highly recommend using this company!
Nicky Chang
What serious illness does Critical Illness Insurance cover?
Cigna’s critical illness insurance in Thailand covers a range of severe conditions. This thorough plan ensures financial stability during your recovery.
Here are the 5 diffrent critical illness groups we cover:
You will be covered for Invasive cancer and non-invasive cancer treatment
From beginning stage to Intermediate stage. – Receive an initial lump sum of 600,000 baht if diagnosed with a beginning stage to intermediate stage
From Severe or later stage – Receive a sum of 2,400,000 baht if diagnosed with a severe or later stage
Daily compensation benefits – 1,000 baht per day, up to 15 days per policy year
Home nursing Heart care benefits – 1,000 baht per day, up to 15 days per policy year
Top 6 Most Common Cancers in the World:
- Lung Cancer – 12.3%
- Breast Cancer – 12.3%
- Colorectal Cancer – 10.6%
- Prostate Cancer – 7.5%
- Stomach – 6.1%
- Liver – 5%
Souce: World cancer Research Fund
From beginning stage to Intermediate stage. – Receive an initial lump sum of 600,000 baht if diagnosed with a beginning stage to intermediate stage
From Severe or later stage – Receive a sum of 2,400,000 baht if diagnosed with a severe or later stage
Daily compensation benefits – 1,000 baht per day, up to 15 days per policy year
Home nursing Heart care benefits – 1,000 baht per day, up to 15 days per policy year
What is Covered under Heart and Brain?
- Acute Heart Attack
- Major Stroke
- Coronary Artery Disease requiring Angioplasty
- Cerebral Aneurysm Treatment by Endovascular Coiling
From beginning stage to Intermediate stage. – Receive an initial lump sum of 600,000 baht if diagnosed with a beginning stage to intermediate stage
From Severe or later stage – Receive a sum of 2,400,000 baht if diagnosed with a severe or later stage
Daily compensation benefits – 1,000 baht per day, up to 15 days per policy year
Home nursing Heart care benefits – 1,000 baht per day, up to 15 days per policy year
What is covered for under Kidney and Liver?
- Chronic Kidney Failure and Chronic Liver Disease
- End-stage Liver disease
- Liver Failure
- Major Organs Transplantation or Bone Marrow Transplantation
From beginning stage to Intermediate stage. – Receive an initial lump sum of 600,000 baht if diagnosed with a beginning stage to intermediate stage
From Severe or later stage – Receive a sum of 2,400,000 baht if diagnosed with a severe or later stage
Daily compensation benefits – 1,000 baht per day, up to 15 days per policy year
Home nursing Heart care benefits – 1,000 baht per day, up to 15 days per policy year
What is Covered under Major Burn?
- Less severe burns ( Second degree burn)
- Major burn
- Major Head Trauma
Receive a lump sum of 300,000 baht under the Diabetes Coverage Agreement (In the case of diabetic retinopathy, receive 150,000 baht
Daily compensation benefits – 1,000 baht per day, up to 15 days per policy year
Home nursing Heart care benefits – 1,000 baht per day, up to 15 days per policy year
What is Covered under Diabetes?
- Diabetic Retinopathy
- Diabetic coma
- Limb amputation
- Diabetic Nephropathy
The Thaiger’s Partners
Critical illness will greatly affect your way of life, especially if you lose income. Therefore, always protect yourself.
It’s essential to decide which policy works for you. The cost of care for some essential diseases is considerably lower than others. I didn’t understand anything about critical illness insurance, how it will benefit me, and which policy I should choose, but the Thaiger helped a lot throughout the process. I’m grateful for the help and glad I decided to get the insurance. Now I can relax and enjoy life. I know if I need treatment for my illness in the future, I already have the right insurance in place.
Top tip: Always look for premiums with low waiting periods and understand how much coverage you want in choosing the right package.
Top 6 deadly diseases in Thailand
– Cancer – 7.7 Deaths per hour
– Hemorrhagic stroke – 3.2 Deaths per hour
– Atrial fibrillation severe stroke – 2.8 Deaths per hour
– Lung disease – 2.4 Deaths per hour
– Chronic kidney disease -1.7 Deaths per hour
– Diabetes – 1.0 deaths per hour
Source: Ministry of public health, Diabetes association of Thailand, Bangkok hospital
Join the many satisfied customers who’ve got their Critical Illness with The Thaiger.
Other Related Insurance to Critical Illness Insurance
Life is full of uncertainty, but don’t let it stop you from enjoying your life to the fullest. The following insurance offers more than just protection, but also peace of mind to allow you to live a comfortable life.
Whole Life Insurance
Whole life insurance is a form of permanent life insurance. It ensures that you are covered for the rest of your life as long as premiums are paid on time.
Family Life Insurance
You can protect all your family members in a single policy with Family Life Insurance. Family life insurance policy combines whole life with term life insurance. The principal’s policy is for an entire lifetime, while the husband/wife and children are covered for a reduced amount on a term basis.
Health Insurance
Health risks and uncertainties are part of life. While no one plans to get sick or injured, you can certainly prepare yourself for the financial aspect.
Personal Accident Insurance
Get covered with Personal Accident insurance to ensures coverage during emergency cases like uncertain accidents, impairments, life-changing conditions or even death.
Major Diseases Covered by Critical Illness Insurance
A serious illness is a disease which causes a severe illness that can lead to death. What serious illnesses will critical illness insurance cover?
Major Cancers
Major cancers including leukaemia, lymphoma and sarcoma will be covered under the critical illness insurance that will greatly help lower your hospital cost and other hospitalization expenses.
Severe Heart Attack
DeathAnother critical illness that will be covered will be a severe heart attack.
Stoke
Stroke is included in the critical illness coverage because can acquire a big amount of money when you get hospitalized.
Kidney Failure
A severe case is acute kidney injury which may be subjected to substantial claims.
Aplastic Anemia
If you have severe aplastic anaemia you are qualified to be under the critical illness coverages.
End-Stage Lung Disease
Severe lung disease which causes chronic respiratory failure is also included under the critical illness coverage.
Liver Failure
One of the critical illness if liver failure which can be covered under the critical illness insurance.
Coma
Having been comatose for more than 96 hours will automatically be included under the critical illness insurance.
Heart Valve Surgery
If you have or having an open-heart surgery you are also covered under the critical illness insurance so won’t need to worry about high hospital bills.
Parkinson’s Disease
This critical illness is one of the most common diseases that is always included under critical illness insurance.
Personal Accident Insurance
Besides critical illnesses, we also cannot prevent accidents from occurring. Even when we take reasonable precautions in our daily lives, accidents can and do happen. Our own miscalculation or clumsiness causes some accidents. Others are out of our control, such as drunk drivers.
In addition, the risk of accidents increases depending on the nature of your job or your lifestyle. If you operate heavy machinery for a living or are an adrenaline junkie, your risk of getting into an accident is likely to be higher.
The point is, accidents can happen anytime and anywhere, without any warnings, whether we like it or not. Therefore, to prevent its risks and protect you from the financial consequences that it may cause, getting Personal Accident Insurance is essential.
Frequently Asked Questions About Critical Illness Insurance
Critical illness is any disease or sickness that requires medical attention. The most common types of critical illness include cancer, heart attack, stroke, major organ transplantation, liver and kidney disease and diabetes.
Your age, lifestyle, city of residence, and annual income are all important factors in A critical illness insurance policy can serve as a financial safety net by paying you a lump amount if you develop a life-threatening condition or have a heart attack or stroke. If you currently have comprehensive health insurance, critical illness insurance can supplement your coverage when you need it most. It’s up to you whether you use it to pay for medical expenditures not covered by your insurance or to fulfill financial responsibilities while you’re recovering.
Each health policy has distinct benefits that do not cover certain critical disease treatments. Critical illness insurance will provide you with a lump sum to take care of the costs. You will use this amount to take care of yourself if you stop working and lose money. In the event of death, your loved ones will earn a lump sum payout as an inheritance from vital disease insurance.
According to the Revenue Department, the premium is entitled to a tax deduction even if you don not make a claim.
– Provides coverage for catastrophic diseases with a maximum insured value of 3,000,000 baht.
– Change, increase, or decrease your protection coverage options.
– Up to the age of 65, it covers five severe diseases.
– Get daily reimbursement for hospital and home nursing care if your doctor recommends it.
– Daily premiums start at two baht.
– Answer three health-related questions; there’s no need to visit the doctor.
– You may apply right now without needing to buy life insurance.
– Premiums for insurance are tax deductible
– The ability to get a second medical opinion as well as consult with a doctor through the internet. (Only available with the fourth plan.)
– Cancer disease
– Cardiovascular disease
– kidney and liver disease
– Complications from diabetes
– major organ transplant surgery and bone marrow transplants
The insurance coverage does not begin immediately once the policy is purchased. Before the contact becomes functional, there will be a 90-day waiting period.
Applicants must be between the ages of 18 and 60, and the contract is renewed up to the age of 65.
Applicants must be between the ages of 18 and 60, and the contract is renewed up to the age of 65.
Insurance rates will be modified based on the insured’s age.