Critical Illness Policy
About This Course
Critical illnesses include ailments like heart disease, cancer, organ failure, major organ transplant, kidney disease, coma, stroke, etc. These illnesses affect your day-to-day life for an extended period of time and are also quite expensive to treat. Purchasing a critical illness policy will ensure that if you are ever diagnosed with a critical illness, one that meets the insurer’s criteria, you will receive a lump sum payout from the insurer. There are no restrictions on how one can utilize this amount. You can use the funds to take care of the immediate financial needs of your family, cover hospitalization expenses and recovery costs, plan for a lifestyle change, or can also serve as an income replacement.