Critical Illness Insurance
Critical Illness Insurance
Health Insurance is termed as ‘Asset Protection Tool’ in Financial Planning whereas Critical Illness Insurance is termed as an ‘Income Protection Tool’ as it protects / replaces your income in case of an unfortunate event of Critical Illness. Health Insurance pays the actual cost incurred whereas Critical Illness Insurance provides the lumpsum amount over & above Health Insurance claim which compensates “Loss of Income” incurred by the Critical Illnesses.
Health is undoubtedly the most valuable asset in today's unpredictable world. Life-threatening illnesses like heart disease or cancer can affect anyone at any time, regardless of age or lifestyle. Here, critical illness insurance steps in as the perfect solution.
- It helps bridge the financial gap, ensuring that you can prioritize recovery without worrying about the financial burden.
- Get the best medical care available, even if it is extremely expensive.
- It pays for critical illnesses like cancer, heart attack, stroke, organ transplants, and coronary bypass.
- Unlike regular insurance, critical illness insurance helps to recover the cost of non-medical expenses such as child care or transportation which generally Health Insurance does not cover.
Critical Illness Insurance for Individuals
If you are the breadwinner in your family, critical illness insurance is particularly important. It guarantees that your loved ones are financially supported if you cannot work due to any severe ailment.
Selecting the right Critical Illness Insurance Advisor
We recommend this mix of qualities in your health insurance advisor:
Nesting Wealth has extensive experience assisting people in selecting the right critical illness insurance with adequate coverage and an affordable premium. Our professional advisors have a proven record of excellence and offer customized solutions based on your needs.
