Critical illness insurance, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list.
- Cancer/Heart Attack or Stroke: A lump-sum benefit amount is paid directly to you regardless of any other health care coverage you may have upon the diagnosis of cancer or if you suffer a heart attack or stroke. Benefit amounts are flexible and can range up to $75,000 for cancer and $75,000 for heart attack and stroke, depending on your specific needs.
