Critical Illness insurance is best suited for:

How to explain the product:

Critical Illness insurance provides financial protection when a major illness occurs and a person is unable to work and earn an income. It helps cover medical expenses typically not covered by other insurance policies. Paid in lump sums, Critical Illness insurance gives you the freedom to use the money where it is needed most - from medical bills to the mortgage.

This coverage comes into play as traditional health insurance leaves people with more and more gaps in coverage. As a result of high deductibles, coinsurance and limited coverage on nontraditional treatments, individuals may incur large medical bills not covered by a traditional insurance policy.

Stop and think. Most of us have been touched by illness, whether it is cancer, stroke or heart attack. We’ve seen the medical bills, the financial stress and the effects it has on extended family. Ask yourself if a lump sum payment of $50,000 would lower the stress and ease the worry if it happened to you? That’s why Critical Illness insurance is essential income protection. Without the burden of accumulating bills, you can place your focus on healing instead of trying to stay financially afloat.