Cover any additional expenses that may arise as a result of a serious sickness.
What is critical illness insurance, and how does it work?
Medical bills that your primary health insurance would not cover are covered by critical illness insurance. It’s a lump-sum payment you get if you have a major disease like cancer or a stroke.
Who is covered by critical illness insurance?
For people who currently have health insurance, critical illness insurance is a useful supplemental option because it provides additional funds to cover expenses such as deductibles. We offer plans that you can purchase directly from us as well as insurance that are available via a variety of companies.
What is covered under critical illness insurance?
Strokes, heart attacks, Parkinson’s disease, cancer, and other critical disorders are among them. Over 30 main ailments are covered by our insurance. If you are diagnosed with one of these illnesses, our plans may be able to provide you with a lump sum payment of up to $50,000. 1
What are the benefits of critical illness insurance?
It’s a cost-effective approach to supplement and pay for the extra costs that your health insurance doesn’t cover. In addition, some of our policies pay you extra money if you end up in the hospital for less serious diseases or injuries.
Read Also: There are various types of life insurance
Watch this guardianlife video Insurance against critical illness below.