Get Critical Illness Insurance Rates in Minutes

Your public health care plan is likely to eliminate the cost of diagnosis, while your Private Health Insurance will help you with hospital stays, ambulance services, and minor medication costs. However, neither will provide the financial relief required due to loss of income. With Critical Illness Insurance, you would be able to use your lump sum benefit to replace your income and take care of your recurring payments in the time when you need it the most.

Disability Insurance only partially replaces your income while you cannot work due to a disability. Once you return to work or no longer qualify for coverage, your benefits will end. However, Critical Illness Insurance provides a guaranteed benefit payout when you file a claim containing a confirmed diagnosis from a licensed physician.

As with most other insurance products, your age and medical history impact significantly your premiums. Your choice of critical illnesses to be covered and the length of your policy will last also impact its price. Young and healthy individuals can pay below $20 in monthly premiums for Critical Illness Insurance; whereas a healthy middle-aged individual is likely to pay below $100 in their monthly premiums.

Critical Illness Insurance policies cover specific life-threatening ailments. Carefully review plans from different providers to make sure particular conditions are covered. Some of the commonly covered critical illnesses include:

• Cancer
• Stroke
• Heart attack
• HIV
• Coronary bypass
• Organ and bone marrow transplants
• Kidney failure
• Liver failure
• Lung disease
• Multiple sclerosis
• Blindness
• Deafness
• Loss of Speech
• Paralysis