Critical Illness Insurance
Critical Illness insurance provides a lump sum cash benefit should the policyholder be diagnosed with one of the critical illnesses listed in the policy. In times of medical crisis, critical illness insurance can protect you and your loved ones from financial burden and allow you to focus on getting well.
This form of insurance originally covered four primary human health conditions:
- Heart attack
- Coronary bypass surgery
Other names of the insurance cover include: trauma insurance, serious illness insurance and living assurance.