CRITICAL ILLNESS
Chances are there is someone close to you, perhaps a relative or a friend who has had cancer, a heart attack, or a stroke. The increasingly high survival rate from these illnesses has caused insurers to develop a special type of insurance policy that provides living benefits. This coverage is called critical illness insurance.
Critical illness insurance pays a lump sum tax-free benefit of $25,000 to $2,000,000,
thirty days after you have been diagnosed with one of about twenty covered illnesses. The covered illnesses include (though may vary slightly depending on the insurance company): cancer (malignant), stroke, heart attack, bypass surgery, multiple sclerosis, kidney failure, blindness, deafness, paralysis, major organ transplant, dismemberment, Parkinsons disease, Alzheimers, Rheumatoid arthritis, and late onset insulin dependent diabetes. FULL PREMIUM REFUND if you remain Healthy at the end of the Coverage.