News From Press Things to keep in mind while adding a critical illness plan

Things to keep in mind while adding a critical illness plan

Source: Mint Feb 24, 2023

Critical illness plans are fixed benefit plans that provide coverage for a specific list of Illnesses (ranging from 6 to 50 types of illnesses, as specified by the insurer). If the policyholder is diagnosed with one of these illnesses, the policy pays a lump sum. It offers coverage that can help you handle medical costs related to life-threatening critical illnesses and lifestyle diseases such as paralysis, kidney failure, live disorders, stroke, etc.

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