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Critical illness insurance provides financial protection against life-threatening diseases such as cancer, heart attack, stroke, and kidney failure. Upon diagnosis of a covered condition, the policyholder receives a lump sum payment to cover treatment costs, recovery expenses, or other financial needs. This insurance helps manage high medical expenses that may not be fully covered by regular health insurance.
It also offers flexibility, allowing you to use the payout for non-medical needs like paying bills or replacing lost income. Critical illness plans typically cover multiple illnesses and include a waiting period before claims can be made. Premiums are affordable and can be customized based on your age, health condition, and coverage amount. Secure your financial stability and focus on recovery without added financial stress with critical illness insurance.
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