Why do I need Critical Illness Insurance?

It normally takes time for individuals to recover after being diagnosed with a critical illness, hence increasing the risk of giving up one’s career and income. Although medical costs can be covered by Medical Insurance, the loss of income cannot be reimbursed by which. If the Insured Person is diagnosed with critical illness that is listed in the policy, a one-off cash benefit will be paid to the Insured Person for subsidizing their expenses.