severe illness greenlight

Severe Illness Insurance

Insurance for the Living

The comprehensive risk management plan for life

Source of reference: www.heartfoundation.co.za

In South Africa, one in three men and one in four women will suffer from

cardiovascular disease before they reach the age of 60


Did you know that in the global list of top five causes of death and dread disease in 1990 - heart disease is

ranked fifth?



It is predicted that by 2020 heart disease will top the global list of top five causes of death and

dread diseases




In South Africa, there is 1 heart attack

every 8 minutes


Source of reference: www.health24.co.za

About 400,000 of the South African

population is affected by stroke


Source of reference: www.vhf.co.za

25% of all strokes occur in people under the age of 45

Children as young 8 as can be affected



1 in 35 women are at risk of breast cancer


There are 10 million new cancer cases world-wide per annum

5,3 million – males 4,7 million – females

Source of reference: www.cansa.co.za


Death versus Survival


Source of reference: www.ourkids.net

Over 80% of heart attack patients admitted to hospital survive


Source of reference: http://health.iafrica.com

Many people do survive a stroke, but it can have a devastating impact

Only 10% of stroke survivors recover completely

Up to 53% of survivors are left completely or partially dependant on their families or caregivers


In the 1940’s only 72% of women diagnosed with breast cancer survived 5 years

The 5-year survival rate has increased to

97%

Source of reference: www.aventis.co.za


Are you financially prepared for a severe illness?


Why do you have to be prepared?

• Days off from work

• Actual costs associated with severe illnesses

• Rehabilition programmes

• Homecare

• Incidental expenses

• Alternative therapy


Your bills do not go away when you survive a heart attack, stroke or cancer…


Almost 50% of bankruptcies and

48% of mortgage foreclosures in North America

are due to a severe illness

Source of reference: www.niagarahealth.com


How can you be financially prepared?


‘Life insurance protects dependants against dying too soon’.

‘Retirement and savings provides for those living too long’.

Illness Benefits provide for the cost of surviving a trauma event today.


The Greenlight Illness Benefits

• Covers cost of surviving an illness• One of a flexible range of Greenlight

benefits• Lump sum payment• Cover for life


The Greenlight Severe Illness Benefit

• Covers you against a wide range of illnesses

• Stand-alone version: Severe Illness Plus (Core/Comprehensive) Benefit

• Accelerator version: Severe Illness (Core/Comprehensive) Benefit

• Choice of cover style – whole-life, term or step cover

• Pays out 100% of Cover Amount – NO severity levels



Heart• Heart attack• Open-heart surgery (incl.

Coronary artery bypass graft)

• Aortic surgery• Heart transplant• Cardiomyopathy

Cancer

Gastrointestinal• Liver transplant• Pancreas transplant• Chronic liver failure

Brain/Nervous system• Stroke• Coma• Multiple sclerosis • Motor neurone disease• Accidental brain damage• Dementia (incl. Alzheimer’s)• Parkinsonism• Benign brain tumour• Bacterial meningitis

Respiratory• Lung transplant• Chronic respiratory failure

Connective Tissue• Rheumatoid arthritis



Urogenital/Kidney• Kidney transplant• Kidney failure

Other• Bone marrow transplant• Paralysis• Muscular dystrophy• Accidental HIV via blood transfusion• Accidental HIV via organ transplant• Accidental HIV for medical, dental or nurse practitioners• Severe aplastic anaemia


The Greenlight Extensive Illness Benefit

• Covers you against all the illnesses covered under the Severe Illness (Comprehensive) Benefit

• Also covers you against mild illnesses

• Mild illnesses pay a specified percentage of Cover Amount• NOT based on severity levels

• Minor lifestyle adjustments

• Claims for mild illnesses do not reduce the Cover Amount for other illnesses

• Stand-alone: Extensive Illness Plus Benefit

• Choice of cover style – whole-life, term or step cover


The Greenlight Extensive Illness Benefit

• Mild events:• Angioplasty and/or stenting (10%) Correct a narrowing/blockage of artery(ies)

• Cardiovascular keyhole or catheter techniques (30%) Repair a heart valve

• Pacemaker insertion (30%)• Pathway ablation (10%) Correct irregular heart beat

• Carotid artery narrowing (30%)• Cerebral aneurysm (30%) Enlarged/weakened blood vessel in brain

• Inflammatory bowel disease (30%)• Pulmonary embolism (30%) Blood clot in lung

• Systemic lupus erythematosis (30%) Immune system acts against own tissues

• Diabetes (10%)• Cushing’s disease (10%) Hormone disorder


The Greenlight Child Severe Illness Benefit

• Stand-alone only

• Pays out 100% then benefit ceases

• Choice of cover style:• Term

• Step

• Covers many of illnesses covered under the Severe Illness (Comprehensive) Benefit and some child-specific illnesses


Multiple Claims

• This feature available only on• Severe Illness PLUS Benefit and • Extensive Illness PLUS Benefit

• Available on stand-alone benefits only• A claim will not reduce the Cover Amount, nor will the

benefit cease• Related claims events will be removed – severe and mild

illnesses function separately

Severe Illness suffered

Severe Illness removed

Stroke Heart attack, stroke, open-heart surgery, coma

Parkinsonism Coma, dementia, parkinsonism

Mild Illness suffered

Mild Illness removed

Diabetes Angioplasty and/or stenting, diabetes

Pacemaker insertion Angioplasty and/or stenting, pacemaker

insertion, pathway ablation


Claims statistics

Based on Old Mutual’s claim payments for the period of 1 January 2003 to 31 May 2004


Create comprehensive cover

Create comprehensive solutions by combining an Illness Benefit with

other benefits from the Old Mutual suite

• Oxygen Medical Scheme

• Greenlight Savings Benefit - preserve risk benefits

• Greenlight Physical Impairment accelerator - comprehensive cover against

physical impairments as well as illnesses


Most people never plan to fail - but fail to plan.

Don’t let this be you.

Get a Greenlight Illness Benefit today!


Thank you

severe illness greenlight

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