Understanding the Critical Illness Plans
Here is the common assumption that there’s no need for fixed benefits insurance plans like critical illness, look at the scenario a term life insurance will come into the picture when an insured person death, an indemnity health insurance plan comes into the picture when an medical emergency happens, a personal accident policy come to the picture when an accident happens but we are not getting such huge monetary benefits and the answer is “Critical Illness” it comes in the picture whenever insured person gets diagnosed with Critical Illness and the insured person gets fully paid as monetary benefits, please read this article completely and you get to know , how Critical Illness plan works
