Critical Illness Insurance
Providing financial protection to individuals after the diagnosis or treatment of an illness deemed criticalCritical illness insurance provides you with protection to cover medical and living expenses, and supports you on medical treatments.
What Is Critical Illness Protection?
Many often think that critical illness is for the unhealthy and the aged. The fact is that younger generations are being increasingly afflicted. Often when a critical illness strikes, it can be both emotionally and fiscally draining. With healthcare costs on the rise, ensuring you have adequate protection can provide you and your loved ones with well-deserved peace of mind.
Critical Illness Protection is a form of health insurance that provides a lump-sum payment should you fall seriously ill. This form of insurance is especially crucial today with rising healthcare costs and earlier diagnoses.
The schedule of covered critical illnesses varies between insurance companies but major critical illnesses are covered. For less severe illnesses, the insurance company may also pay partially from the sum insured in advance.