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Critical Illness Meaning: Definition & Key Features of Critical Illness Insuranc

Critical illness means serious medical conditions like cancer or heart attack. Insurance pays a lump sum on diagnosis to help cover treatment and living expenses.

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Critical Illness Meaning: Definition & Key Features of Critical Illness Insuranc

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  1. Understanding Critical Illness What It Means and Why It Matters

  2. What is Critical Illness? Critical illnessrefers to life-threatening health conditions such as cancer, heart attack, stroke, kidney failure, and more. These conditions usually require intensive treatment, long recovery periods, and may impact your ability to work or manage finances. A critical illness plan provides a lump-sum amount upon diagnosis to help manage medical and daily expenses during recovery.

  3. Importance of Critical Illness Cover Critical illness insurance acts as a financial safety net during tough medical situations. It helps cover hospital bills, medication, rehabilitation, or loss of income. By securing a policy early, you can protect yourself and your family from unexpected financial stress during a health crisis.

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