What is critical illness insurance?
Medical advances have consistently improved the survival rates for cancer, stroke and heart disease. Unfortunately, recovery often comes with a significant financial cost.
Critical illness insurance offers financial help to pay the outlays related to life-changing illnesses. If you become sick with an illness covered by a policy and survive the waiting period, you’ll receive a lump-sum cash payment.
Critical illness insurance can help you:
Decrease debt and other financial worries while you handle your illness
Offset any reduced or lost income for you and your spouse, who may have to take time off work to care for you