Understanding Critical Illness Insurance

Critical illness insurance pays a lump sum upon diagnosis of life-threatening illnesses, unlike regular health insurance which reimburses bills.

What’s Covered:

• Cancer
• Stroke
• Heart attack
• Kidney failure
• Multiple sclerosis
• Major organ transplant

Ideal For:

• Those with family history of chronic illness
• Professionals with loans/liabilities
• Freelancers or business owners

Tip: Choose a plan with shorter survival periods and broader illness definitions.