Critical Illness Insurance is a specialized type of insurance that provides financial protection to individuals in the event of a serious medical diagnosis. When the policyholder is diagnosed with a covered critical illness, such as cancer, heart attack, stroke, or other specified conditions, the insurance policy pays out a lump sum benefit. This benefit can be used by the policyholder to cover medical expenses, rehabilitation costs, daily living expenses, or any other financial needs that arise due to the illness. Critical Illness Insurance offers peace of mind and financial security during challenging health crises, allowing individuals to focus on recovery without worrying about the financial burden.
Critical Illness Insurance is a specialized type of insurance that provides financial protection to individuals in the event of a serious medical diagnosis. When the policyholder is diagnosed with a covered critical illness, such as cancer, heart attack, stroke, or other specified conditions, the insurance policy pays out a lump sum benefit. This benefit can be used by the policyholder to cover medical expenses, rehabilitation costs, daily living expenses, or any other financial needs that arise due to the illness. Critical Illness Insurance offers peace of mind and financial security during challenging health crises, allowing individuals to focus on recovery without worrying about the financial burden.
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