What is Critical Illness Insurance?
Critical illness insurance is a type of insurance product that typically requires the insurer to make a lump sum cash payment when the policyholder is diagnosed with a critical illness listed in the policy.
This policy may be designed to pay out regular income. This payout may also be on the policyholder who’s undergoing a surgery.
Conditions That May be Covered:
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Critical Illness Insurance
Anyone diagnosed with a critical illness will tell you it can be as difficult financially as it is emotionally. Make sure your family is financially protected in the event of an illness.