Annually Sanlam Group Risk analyse the Income Disability and Critical Illness claims received during the previous year according to the causes of disability.
The results for the year 2017 confirmed the trends observed from the previous year in that cancer and cardiovascular diseases are still the most prevalent reasons fro critical illness claims.
While the list of potential severe illnesses one can suffer from is long, cancer- and cardiovascular-related events are most likely to affect insured members. More than 80% of severe illness claims admitted by the life insurance industry in any year are solely as a result of these events (according to Swiss Re Study).
That is why our new Severe Illness insurance offering includes Cancer-only and Cardiovascular-only benefits, enabling employers to directly address what concern their employees most.
Click here to see the results of our analysis.