Frequently Asked Questions FAQ about Critical Illness

Critical illness insurance, also known as dread disease policy or critical illness cover is an insurance service in which insurance policyholder is provided with complete fix payment in case, he/she is diagnosed with one of the particular diseases listed within the insurance policy.
Critical illness assurance will play a significant role in shielding and maintaining your financial and physical health. It will lessen the financial strain of paying for the costly medical treatment of the illness. Moreover, it will make sure that your family can maintain good life quality during your critical illness period.
Commonly a critical illness insurance plan pays for the following medical conditions:
  • Cancer
  • Heart attack
  • Stroke
  • Kidney failure
  • Coma
  • Blindness
  • Deafness
  • Paralysis
  • Severe burns
  • Alzheimer's disease
  • Parkinson’s disease
There is a huge difference between life insurance and critical illness insurance. Term or permanent life insurance is a benefit that will be paid to your family and beneficiaries after your death. On the other hand, in critical illness insurance, you will be the one to receive reimbursements for critical illness, not your family or beneficiaries. Furthermore, illness does not need to be terminal to collect benefits.
Your public health insurance policy only covers the basic and specific medical expenses. Conversely, critical illness insurance will help you pay for extraordinary and costly medical expenditures. Moreover, critical illness insurance provides you the independence of using the money for both medical and non-medical objectives.
Disability and Critical illness insurances are two entirely different insurance plans having different prerequisites and benefits. They are not related to each other. Therefore, critical illness insurance benefits will not affect disability insurance reimbursements.
Call us at +1-855-500-8999, we will send you the information and supporting documents to make a claim. Keep in mind that claims must be submitted within 60 days of an illness diagnosis.
Claims can be submitted by:
  • Policyholder
  • Designated beneficiary (if policyholder has died)
  • Legal heirs of policyholder (when there is no surviving beneficiary)