Our health is an important asset that needs to be protected. Critical illnesses can arise unexpectedly and medical insurance, called the Critical Illness insurance, can provide a lump sum benefit upon diagnosis of any of the numerous critical conditions covered under this insurance plan.
Critical illnesses can create a financial pressure and this insurance can help ease that pressure. Contrary to most general medical insurances, a Critical illness insurance can level the gap and provide a great financial solution in case of any covered critical illness or condition that health insurance may not cover.
Health insurance covers the health issue, but Critical Illness Insurance can provide funds that will enable you to cover personal financial obligations while you are dealing with your illness. Certain criteria need to be met for an individual to be eligible for critical illness insurance.