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4 Reasons Why You Need Critical Illness Cover

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  • 16th Jul 2018
  • 2,774
4 Reasons Why You Need Critical Illness Cover

It is often suggested that one buy a Critical Illness plan at around 40, however buying early still helps as health risks are less and so is the premium. You may be having a health insurance policy which will provide security in case of hospitalisation but having a critical illness cover would safeguard you in case you face a medical crisis.

With the fast-paced life and change in lifestyle, the chances of anyone getting affected due to severe illness has increased drastically. Recovering from a severe illness or a surgery can be both expensive and time consuming.

Here are 4 reasons why it’s important to have a critical illness cover in your policy:

Increase in lifestyle related illnesses
Medical Cost on the rise
Protection against 37 critical illnesses
Lump sum pay-out in case diagnosed with any critical illness

- A Consumer Education Initiative series by Kotak Life

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