Critical Illness Insurance
About Critical Illness Insurance
This is a policy that pays the insured a lump sum following the diagnosis of an illness covered under the plan. Critical Illness plans often cover diseases like cancer, organ transplant, heart attack, stroke, renal failure, and paralysis, among others. There is no coverage if you’re diagnosed with a disease that isn’t on the specific list for your plan, and the list of covered illnesses varies from one plan to another.