If you become critically ill, critical illness insurance can help protect you and your family by helping with costs associated with recovery. If your specific policy covers your illness and if you survive the waiting period, you’ll receive a lump-sum cash payment.
This money can be used for anything you wish; to pay off debt, to replace your income or your partner’s income if they have taken time off work to care for you, to bring extra care professionals into your home, or to consider new treatment options not covered by private or government health insurance plans.
Each policy is different so it is best to work with a professional to decide which policy to get. Click here to book your free consultation with one of our insurance-licensed financial planners today. We will make sure you are happy with a policy that makes sense for you and your family.