Critical illness insurance pays you a one-time lump sum while you are recovering from a serious illness. If you currently have group benefits through your employer, critical illness coverage helps fill-in the gaps between your regular income and what your disability benefit provides.
If you are a business owner, single, or self-employed, critical illness insurance should be seriously considered. Being diagnosed with a serious illness is a life changing movement that can prevent you from earning a living while your mortgage payments and bills need to be made. Critical illness insurance is a tool that takes away the financial stresses of recovery so you can focus on getting better.