Critical illness insurance is a type of coverage that provides a lump-sum payment if you’re diagnosed with a serious medical condition specified in the policy, such as cancer, heart attack, or stroke.

This one-off payment can help cover costs like medical treatments, rehabilitation, modifications to your home, or even everyday expenses such as mortgage payments and bills. Critical illness insurance offers financial relief at a time when you may be unable to work or face significant healthcare costs, allowing you to focus on your recovery without worrying about the impact on your finances.