Critical illness insurance is designed to provide financial protection if you are diagnosed with a severe illness like cancer,
heart disease, or stroke. It offers a lump-sum payment upon diagnosis, allowing policyholders to cover medical
expenses, ongoing care, and necessary lifestyle adjustments. For example, a 40-year-old policyholder is diagnosed with
cancer. Their critical illness policy provides a lump-sum payment, helping cover medical bills, home modifications for
accessibility, and other expenses during treatment and recovery.