Critical illness insurance is a plan that pays a lump-sum benefit upon diagnosis of a covered critical illness or condition. For example, the diagnoses of cancer, having a heart attack, or a number of other listed ailments are just a few of the things that could stagnate your ability to earn an income. A critical illness insurance payout would help you avoid the financial strain that a major illness can create. You’ll only need to focus on your recovery.
Medical bills, loss of time from work, your mortgage, and other household expenses may be just a few of the monthly costs that accumulate if your paycheck stopped coming in.
Because our critical illness insurance pays you a cash benefit upon diagnosis of a covered critical illness or condition, you choose how to spend it: Make payments on your mortgage, pay medical bills, hire help for around the house, or take a family vacation. It's your choice.