Critical Illness Insurance is a crucial financial safety net that provides a lump sum payment to policyholders upon the diagnosis of a serious medical condition, such as cancer, heart disease, or stroke. Unlike traditional health insurance, critical illness insurance offers funds that can be used for various expenses, including medical bills, treatment, and lifestyle adjustments during recovery. It helps individuals and their families cope with the financial strain that can arise from a major health crisis, allowing them to focus on recovery rather than worrying about the cost of care.
Critical Illness Insurance is a crucial financial safety net that provides a lump sum payment to policyholders upon the diagnosis of a serious medical condition, such as cancer, heart disease, or stroke. Unlike traditional health insurance, critical illness insurance offers funds that can be used for various expenses, including medical bills, treatment, and lifestyle adjustments during recovery. It helps individuals and their families cope with the financial strain that can arise from a major health crisis, allowing them to focus on recovery rather than worrying about the cost of care.
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