Critical illness insurance is an extra layer of protection. Critical illness insurance is a type of supplemental insurance that pays out a lump sum if you are diagnosed with a covered illness, such as a
Get in contact with an insurance broker. Contacting an insurance broker is the best way to begin your search for life or illness insurance. He/she/they can help you find an affordable plan that meets your
Critical illness cover Critical illness cover pays out a lump sum if the insured person is diagnosed with a critical illness. In many cases, this money is used to cover medical costs, but the payout
Insurance broker Insurance broker. An insurance broker is a licensed professional in insurance products, who can help you compare rates and coverage amounts with different providers. Brokers work on commission and are paid by the
What is a critical illness? Critical illness cover is a type of insurance that pays out a lump sum if you are diagnosed with a critical illness. “Critical illness” here refers to a serious or
Critical illness insurance is a form of supplemental insurance. Before we dive into the specifics of critical illness insurance, it’s important to understand how it relates to your other forms of health insurance. As a
Life insurance covers your entire life, but term life covers it only for a set period. Some life insurance policies cover you for your entire life. Others, such as term life insurance, cover you only
You may feel anxious when you get critical illness insurance. When you have critical illness insurance, you will always have that reminder of your own potential death. This can cause a lot of anxiety and
Out of pocket medical expenses You might not be aware that critical illness insurance can be used to cover out-of-pocket medical expenses. In fact, many people are surprised to learn that it can pay for
How much coverage do you need? The first thing to consider is the amount of money you need to keep your family going if you are hit with a critical illness. This includes all monthly