Critical illness insurance covers you in the event you need major medical treatment for conditions such as cancer, stroke, heart attack, or an organ transplant. Treatment for these serious illnesses is often significantly more expensive than smaller hospital visits, so the coverage can help ease the financial burden when these costs go beyond the limits of standard health insurance.
Critical illness insurance can help cover the cost of the treatment itself, but it can also help pay for other expenses such as prescriptions, transportation, and even essentials such as food and utilities that are never covered by typical health plans.