A Critical Illness Insurance is a policy that pays out a lump sum benefit when the insured is diagnosed with a life-threatening condition. This lump sum amount can be used to pay off your medical expenses and also serve as a temporary income while you are unable to continue work and likely to have no income. This temporary income allows you to fulfill your other financial commitments without compromising on your treatment. Following are some of the Critical Illnesses covered under this policy.
Let us list down certain Critical Illness Conditions which are offered:-
- First Heart Attack
- Coronary Artery bypass surgery
- Primary Pulmonary Hypertension
- Major Organ Transplant
- Kidney Failure
Note: Above given is an indicative list. To know about the list of Critical Illness covered click here or refer the Insurance Companies Website for a detailed list of Critical Illness Cover.