Discussion

Critical illness insurance plays a vital role in safeguarding individuals and families from the financial burden associated with severe medical conditions such as cancer, stroke, heart attack, or organ failure. Unlike traditional health insurance, which reimburses hospital bills or covers medical expenses, critical illness insurance offers a lump-sum payout upon diagnosis of a covered condition. This amount can be used at the policyholder’s discretion—not only for treatment but also for income replacement, travel for specialized care, rehabilitation, or even daily living expenses.