Critical Illness Insurance: What Is It and Who Needs It?

Critical Illness Cover pays a cash sum if you are diagnosed with one of the defined illness or disabilities or undergoes a medical procedure covered by your policy (including cancer, heart attack and stroke). Payment is made as a single lump sum.

• Critical illness insurance provides additional coverage for medical emergencies like heart attack, stroke, or cancer.

• Because these emergencies or illnesses often incur greater than average medical costs, these policies pay out cash to help cover those overruns where traditional health insurance may fall short.

• This could also cover loss of income incase you are asked to stay away from work for long or any other allied expenses being incurred with respect to a critical illness treatments.

Below are the claim statistics from two of the leading critical illness cover in the Middle East.

Below is a Case-study on How Critical Illness Cover helped one of Our Clients.

As medical expense is the most unquantifiable expense in the present scenario, all should have a critical illness insurance for protection against

1. Loss of Income Due to Critical Illness and thus maintaining the lifestyle

2. Huge Treatment Cost due to Critical Illness

3. Protecting your Savings and Assets against the Cost of Critical Illness Treatments

For knowing more please feel free to ping me.

Cheers,

Sreekanth

+971503963193