Liberty introduces new cancer coverage
Liberty has enhanced its Lifestyle Protector offering with a new cancer policy and additional upgrades to critical illness cover. The Cancer Claim Booster provides an extra 25% payout for advanced or recurring cancers, addressing gaps in existing coverage.
The updated Critical Illness Booster offers 25%-100% additional payouts for long-term conditions like heart transplants or limb loss, supporting ongoing medical needs. Early-stage cancer and mild illness cover now include a 10% payout for conditions like pre-malignant lesion removal or short hospitalizations.
Additional updates extend child coverage under the Living Lifestyle policy to age 25, reflecting evolving family needs. Liberty, part of the Standard Bank Group, continues to expand its life insurance solutions, contributing to a 19% earnings increase in the Group’s recent half-year results.