Critical Illness Insurance

 Critical illness insurance, otherwise known as critical illness cover or a dread disease policy,  is an insurance product in which the insurer is contracted to typically  make a lump sum  cash payment if the policyholder is diagnosed with one  of the specific  illnesses on a predetermined list as part of an  insurance policy.

The policy may also be structured to pay out regular income and  the payout may also be on the policyholder undergoing a surgical  procedure, for example, having a heart bypass operation, diagnosis of Cancer, Heart Attack, Stroke and more see plan  for details