FMI brings new Critical Illness Cover plan to Port Elizabeth
Financial Management International (FMI), a national income protection company, on Wednesday, launched their new and uniquely innovative Critical Illness (CI) cover plan at Savage Fine Foods in Port Elizabeth. This was the last stop on their national roadshow to spread the news all over South Africa.
According to the company, the FMI CI Cover is the first Critical Illness product in the market to offer a combination of income and lump sum benefits, plus practical assistance and an expert medical second opinion.
The new cover plan focuses on six main needs that could help those suffering from Critical Illnesses and struggling to get by;
- A Second Opinion, to be sure that the diagnosis is correct and that the best treatment plan for you is assured.
- Cover for Medical Expenses that are associated with your diagnosis and treatment that your medical aid cannot cover
- A monthly income, so that you don’t need to worry about taking time off work when you feel you need it.
- Cover for extra monthly costs that go hand in hand with adjusting your lifestyle for a serious illness.
- Counsellingfor you and your family members to help them cope with any trauma or stress.
- Logistical and Household support to help with the daily responsibilities that do not go away.
With these needs in mind FMI has crafted a solution with their CI cover that provides four benefits for their clients, the first two can be chosen, whereas the last two are automatically included;
- Critical Illness Lump Sum benefit, with a Hospitalisation Expense Benefit, improved quality of caner cover, early pay-outs based on diagnosis and a Hospitalisation Death benefit to reduce the impact of the survival period.
- Critical Illness Income benefit, when combined with FMI’s temporary income protection benefits will pay 130% of your monthly sum insured for 12 months for all SCIDEP conditions and any major CI events.
- Medical Second Opinion, the first of its kind in the South African Market, FMI has partnered with Mediguide to bring this service at no extra charge. This includes an independent review of your diagnosis and treatment plan from a choice of leading medical centres around the world to give you peace of mind knowing that you have all the necessary information about your condition before making any critical decisions.
- CI Assist, a suite of benefits to the value of R50 000 to help you and your family with the day-to-day stress and emotional turmoil of coping with a critical illness.
“We believe there’s a better way to do life insurance, and that’s really what this launch means,” said FMI CEO, Brad Toerien, at the launch.
“You can now get a complete life insurance solution from us,” said Brad.
FMI have recently been bought by Bidvest. For more information about the FMI CI cover and further details please visit www.fmi.co.za.
Image: FMI CEO Brad Toerien.
Two suspects, aged 21 and 28 years old, was arrested shortly...
A crowd of loyal supporters has gathered in front of the City Hall, in Port Elizabeth, where the Democratic Alliance (DA) in the Eastern Cape is hosting its Freedom Day rally....
11 students from the King Hintsa TVET College, Theko and...
With approximately 1420 players in 48 A-teams, 20...
The Democratic Alliance (DA) and Save South Africa ...
One of South Africa’s most experienced cyclists...
The Nelson Mandela Bay Municipality’s Deputy Mayor, Mongameli Bobani, laid charges against Municipal Manager, Johann Metler and Executive Director of Corporate Services, Vuyo Zitumane at the Humewood Police Station on Wednesday.
The Varsity Cup Dream Team was shown up against...
A full-seated crowd at the Kenneth McArthur Athletics...
The Garden Route Botanical Garden Environmental...
- 20-year-old Port Elizabeth man busted with illegal firearm
- Port Elizabeth man out on bail for business robbery busted for housebreaking
- VIDEO: Contracts involving over R40 million now part of forensic investigations at City Hall
- Senior Nelson Mandela Bay traffic official arrested for corruption and bribery
- Flight delays as SAA cabin crews embark on strike over meal allowances