What is Critical Illness Insurance?

Critical Illness Insurance provides a lump-sum cash benefit if you’re diagnosed with a serious health condition like cancer, heart attack, or stroke. It helps cover medical bills, lost income, and recovery-related expenses.

Key Benefits

• Receive a tax-free lump sum upon diagnosis of covered conditions
• Use funds for treatment, travel, or daily living expenses
• No restrictions on how you spend the money
• Affordable premiums and simplified underwriting

Who Is It For?

Critical Illness coverage is ideal for anyone concerned about the financial impact of a major illness. It’s especially important for self-employed individuals and families without substantial emergency savings.

FAQs

What conditions are typically covered?
Cancer, heart attack, stroke, organ transplant, kidney failure, and more. Specifics depend on your policy.

Is the benefit paid monthly or in a lump sum?
You receive a one-time tax-free payment to use however you need.