Originally Posted by damameke
I agree with you on the 2 scenario
a) You die , get insured amount
b) critical ill and survived, you get payout..
but on post 6, it is 50k for 15 years term(critical illness) and if you are healthy after 15 years, post 6 stated you still get whatever you had contributed and that differs from the Sunlife description.
You see my point now?
thats a different product all together.
That product that was described is a critical illness product that you pay into. If you dont get a critical illness, the product allows you to get your money back after the 15 year period with no interest/return.
if you do get sick, then you get the ACTUAL benefit paid out (whatever you chose) but you lose the money you put into it.
Its a win win product. But it may have other conditions in the fine print.