Help with the financial burden associated with illness
Critical illness insurance provides a lump sum benefit if you are diagnosed with one of the illnesses specified in the insurance policy. A few examples of coverage include heart attack, cancer, stroke, Parkinson’s disease, and Alzheimer’s disease.
Critical illness insurance benefits can be used to help with the financial burden associated with:
seek alternative care
pay off a mortgage
hire a health care worker
or use the income to cover expenses until you are able to return to work.