With increased stress, anxiety, and an unhealthy lifestyle, life has become unpredictable. You never know what disease is going to strike you hard in maybe the near future. Critical diseases such as stroke, heart attack, cancer, and other similar diseases cost huge lots of money for incurring good treatment. Thus, if you are trying to avoid such circumstances, critical illness insurance is the one at your rescue to prevent you from getting financially looted at your own cost. Therefore, it is recommended that you opt for such a service and lead a hassle-free life without considering your huge medical expenses.
Key coverage features
Most companies have their policies designed in various ways, depending on several factors. But the basic areas covered under the service may be enlisted as under:
● Paid expenses: Until the illness is recovered, each expense you need to bear is covered under the policy.
● Guaranteed renewable: you have the right to renew the policy till the time premiums are paid on time.
● Direct payment to the client: unlike all others, this particular policy system pays directly to the insured.
● Flexible coverage: based on your convenience, you can choose to pay a premium for as long as 15 to 20 years.
● Wide coverage: most of the policies cover almost all the probable critical diseases you can think of.
To conclude, be it in your old age or even any age of your life, it is typically important to get yourself insured from any probable case of critical illness. Thus, if you are a Singapore or nearby resident, do avail of critical illness insurance in Singapore from any service provider of your choice and will.