We Feel We Are Immortal — Are You Ready for the Eventuality?
Executive Summary
Nobody wants to fall sick, but none of us knows when it will happen. A client cancelled his Critical Illness plan thinking it was a waste of money; it lapsed due to non-payment. He later had a major heart attack and spent weeks in ICU — and because the plan had lapsed, he couldn't claim. He saved a few hundred dollars in premiums and lost an estimated $150K–$300K in claims, along with the waiver-of-future-premiums benefit the plan would have provided. Insure yourself and your family while you're in good health — that's when you have the most options and the best coverage.
We Feel We Are Immortal
Nobody wants to die or fall sick, however none of us knows when it will happen.
Are you ready for the eventuality?
A Real-Life Example
A client cancelled his incepted Critical Illness (CI) plan, thinking it was a waste of money. Unfortunately, the plan lapsed due to non-payment.
As luck would have it, the client suffered a massive heart attack and was admitted to ICU for a few weeks. Unfortunately, he had lapsed the plan and couldn't claim.
He saved a few hundred dollars — and lost an estimated $150,000 to $300,000 in claims, along with the benefit of waiver of future premiums.
None Can Predict What We May Face Tomorrow
But we can plan for a better tomorrow.
We see multiple cases where we are helpless because a health condition triggers and we can no longer provide coverage.
Why Wait Till a Health Condition Triggers?
Insure yourself and your family while you are in good health. That's when you have more options and better coverage.
Today's fit health condition is your biggest asset. Protect it. Preserve it.
Don't Leave Your Future to Chance
Plan today, live worry-free tomorrow:
- Financial security for you and your loved ones
- Cover medical expenses and unexpected events
- Peace of mind to focus on what truly matters
Be prepared today. Because life is unpredictable, but your protection doesn't have to be.
Plan early. Stay secured. Live assured.
Disclaimer
This content is for educational purposes only and should not be considered as financial, legal or tax advice. Please consult your professional advisers for guidance based on your individual circumstances.
Related Reading & Client Stories
Plan When You're Fit. Not When You Need It.
A real client story: critical illness struck years after the family had planned ahead — because they were protected while healthy, the claim was paid in full and future premiums were waived.
Read articleThe Cost of Delay
A new client, a stroke, and a family whose insurance options changed overnight. A reminder that protection has to be arranged before you need it — not after.
Read article
Sleep Over It, Not Sign Over It.
“Today, it's been six years that Mandar is our family's confidant, financial advisor, and a family friend.”
Shared with permission · Recorded 2020–2023
