Chase Essence

 Life Cover

Chase Essence covers a person's life through a yearly renewable insurance contract whereby the premiums can be paid either regularly or as a lump sum. Its main aim is to provide peace of mind in knowing that your death as the insured person will not result in financial hardship for your loved ones.

Chase Essence also caters for life-changing tragedies such as critical illness and total permanent disablement. This cover is open to individuals between 18 and 70 years of age.

Critical Illness

 This benefit is payable if a member contracts a critical illness for the first time after the waiting period of six (6) months. The medical conditions covered include heart attack, cancer, stroke, kidney transplant (recipient), coronary artery by-pass surgery, major organ transplant and paraplegia.

Total Permanent Disablement

This benefit is for members who have been incapacitated from following their usual occupation (or any other occupation for whic they may be reasonably suited by training, education or experience) by reason of injury or illness only if there is no reasonable expectatio of recovery in the opinion of the medical officer.

In case of total permanent disablement a benefit equivalent to the death benefit w be payable and notification of a valid disability claim extinguishes the policy. This benefit can also be paid in a lump sum or in regular installments.