Critical Illness

You may be healthy today but tomorrow might not be the same for you. Critical illness insurance can complement the medical and disability income coverage for the insurer and can reduce the financial burden on the person which has happened due to the critical illness by offering lump-sum money so that the individual can pay the additional expenses incurred.

With so many advancements in medical science, the chances of survival and recovery from any critical illness like cancer, stroke or heart attacks have improved considerably. The majority of the medical plans have the coverage for the hospital and medical expenses but that might not be enough to pay for the transpiration to the treatment centers, childcare, and others.

The conditions that get covered by the critical insurance coverage are as follows:-

  • heart attack,
  • heart valve replacement,
  • cancer,
  • loss of limbs,
  • bypass surgery,
  • stroke,
  • loss of speech,
  • major organ transplantation,
  • Parkinson’s disease,
  • multiple sclerosis,
  • kidney failure,
  • paralysis,
  • severe burns,
  • benign brain tumor coronary angioplasty,
  • blindness, deafness, coma,
  • the early stage of prostate cancer,
  • ductal carcinoma in breast and others

The insurer can get the lump-sum amount of money to get protected financially against any of the critical illnesses and it is tax-free.

It is true that nobody likes or plans to get sick but when it comes to critical illness, they happen suddenly and if the person has got no critical illness insurance plan then the entire family suffers due to the huge expenses that one has to incur during the critical illness.

One might doubt that what happens to the insurance amount if the person stays healthy and there is sudden death due to any other cause. On both the cases, the entire money is given back with a benefit of tax relief.  The best part of the insurance is that one can use the entire money for any other cause- car payment or meeting other expenses.

Why are critical illness and disability insurance significant?

  • It covers up your financial obligations.
  • It permits you to preserve your standard of living.
  • Covers a variety of expenses connecting to serious disease or disability.
  • Permits you to take the time you require to get back on your feet or to become accustomed to your novel state of affairs.
  • Guarantees sensible financial help, particularly for the freelancers, small biz proprietors and staff without a group insurance proposal.

Benefits of the insurance:-

This kind of insurance provides a lump-sum advantage to aid support you monetarily if you are detected with and survive a covered critical illness. You can make use of this benefit payment to complement your health cover and any group disability insurance cover you may encompass –

  • lessen your financial load
  • uphold your sovereignty
  • access progressive medicinal services
  • help in your recovery in any case you want


Turn your Critical Illness into a forced savings account with a Return of Premium Rider: This is an interesting way to save on Critical Illness insurance. Pay more in regular premiums and, if you have not had a claim, receive your money back after a defined period of time. On the other side of the coin: you will pay more in the short-term but save more in the long run.

What conditions are covered?

The conditions that are covered will depend on your policy by typically included
  • Alzheimer disease
  • Aortic Surgery
  • Aplastic Anaemia
  • Bacterial Meningitis
  • Benign Brain Tumour
  • Loss of Vision
  • Certain types of Cancer
  • Coma
  • Coronary Artery Bypass Surgery
  • Loss of Hearing
  • Heart Attack
  • Heart Valve Replacement
  • Kidney Failure
  • Loss of Independent Existence
  • Loss of Limbs
  • Loss of Speech
  • Major Organ Transplant
  • Major Organ Failure on Waiting List
  • Motor Neuron Disease
  • Multiple Sclerosis
  • Occupational HIV Infection
  • Paralysis
  • Parkinson’s Disease
  • Severe burn