Transcript Document
Insurance Financial Planning Retirement Investments Wealth welcome New Child: Illness & Injury Benefit… For when you can’t kiss it better Getting sick is part of every child’s life. Colds and rashes may disappear after a doctor’s visit but other illnesses and injuries can wreak havoc with the budget of even the most financially astute parents … That’s why Sanlam developed the Child: Illness & Injury benefit Child: Illness & Injury benefit What is it? It pays a lump sum if a child suffers a defined dread disease, injury, impairment or infection. Child: Illness & Injury benefit Why Child risk cover? Expenses Not covered by your medical aid Covered by your medical aid (out of hospital expenses only covered if you selected a plan that does) Taking unpaid leave to be with your child in hospital; au pair for other children; travelling and accommodation expenses; long term therapy; adjustments to house, etc. Gap cover (covers in-hospital only) Non-medical expenses ? Medical expenses Hospital plan of medical aid Day-to-day cover of medical aid (if selected) In-hospital Out-of-hospital Note: graph not according to scale as it will vary for different circumstances How does it work? ⧁ Children’s benefits are not entirely unique to the market, but usually they’re limited to covering dread diseases ⧁ Sanlam’s Child Illness & Injury benefit covers: ⧁ Dread diseases ⧁ Injuries ⧁ Impairments ⧁ Infections Child: Illness & Injury benefit How does it work? The Sanlam Child: Illness & Injury benefit covers 81 claim events, many of which are unique in the children’s benefit market Examples of what’s covered: Diseases such as cancer, organ failure, Crohn’s disease*, epilepsy and anorexia* Injuries or accidents such as head injuries, rib fractures*, gunshot wounds*, dog bites* and near drowning Impairments such as loss of sight, hearing, speech and loss of use of limbs Infections such as rabies*, cerebral malaria*, tetanus*, meningitis and the Ebola virus* * Unique to Sanlam Child: Illness & Injury Benefit Additional protection we also offer an additional safety net: ICU benefit: provides cover when a child is admitted to ICU for at least 48 hours, for any reason (e.g. accidental poisoning, snakebite) Catch-all claim event: covers any other severe diseases or injuries that are not specifically listed both: an absolute first in the children’s benefit market!! Child: Illness & Injury benefit Affordable cover - Cover of R300 000 will on average cost R35 per month - The benefit offers cover up to R1 million Child: Illness & Injury benefit Who is covered? Children can be covered from 1 years old until they’re 19 years old Child: Illness & Injury benefit Another plus No new or invasive tests will be required Child: Illness & Injury benefit Summary - Our benefit has been tailor-made for children - Many of the claim events covered are a first in the children’s benefit market - No new or invasive tests - The benefit offers cover up to R1 million - Premiums are affordable Child: Illness & Injury benefit Considering the comprehensive nature of the cover and the affordability of the premium , the Sanlam Child: Illness & Injury Benefit is a must have for any parent. questions thank you