Critical Illness Insurance
Critical Illness Insurance provides
financial protection for those you care about if you are diagnosed with any of the illnesses covered by the insurance.
financial protection for those you care about if you are diagnosed with any of the illnesses covered by the insurance.We want to be someone our customers can rely on through life's uncertainties by offering outstanding Critical Illness Insurance that pays compensation for five categories of illnesses and accidents.
See now how much the insurance could cost per month in our calculator.
- You can apply for Critical Illness Insurance if you are between the ages of 18 and 59 and the insurance is valid until the age of 70. You decide the insurance amount and in the event of illness, it will be paid out in one lump sum. The Critical Illness Insurance payout is tax-free and tied to inflation.
- Children are automatically covered under their parents' Critical Illness Insurance from the age of 3 months to the age of 18 years. The amount of compensation for each child is 50% of the parents' insurance amount, up to a maximum of ISK 12,350,000. If you have a child during the insurance period, you can increase the amount of your Critical Illness Insurance by up to 25% or a maximum of ISK 5 million without having to undergo a special health assessment.
- The VÍS Critical Illness Insurance pays compensation for five categories of illnesses and accidents. The insurance amount is only paid out once for each category. If you are diagnosed with an illness and receive a payout under the Critical Illness Insurance, the insurance continues on the condition that the category in respect of which the insurance was paid out will be excluded. If you receive compensation under the Critical Illness Insurance, you are entitled to two free appointments with a psychologist.
Critical Illness Insurance covers the following diseases
- Cancer and benign tumours
- Cancer
- Cancer – partial compensation up to a maximum of 20% of the insurance amount
- Benign brain tumour
- Benign spinal cord tumor
- Bone marrow transplantation
- Cardiovascular and renal diseases
- Myocardial infarction
- Coronary artery bypass graft surgery
- Heart valve surgery
- Surgery of the aorta
- Stroke
- Renal disease
- Heart or kidney transplantation
- Neurological and degenerative diseases
- Multiple Sclerosis (MS)
- Motor Neurone Disease (MND)
- Dementia
- Parkinson's disease
Vision loss, deafness, loss of speech and related events
- Profound vision loss
- Deafness
- Loss of speech
- Bacterial meningitis
- Major head trauma
Other insurance events
- HIV / AIDS
- Transplantation
- Third-degree burns
- Loss of limbs
- Paralysis of limbs
Please note that the above list is not exhaustive. Further information can be found in the insurance terms.
In case of discrepancy between this list and the insurance terms, the insurance terms applies.
Insurance Terms and other Information
The insurance terms is your contract with VIS. It is important to thoroughly read the terms and understand what is covered and what is not, before purchasing the insurance.