Critical Illness Protection
Insurance that will pay a specified sum on diagnosis of a listed Critical Illness such as forms of malignant cancer, stroke, heart attack etc. The most important factor to bear in mind is that the monies are paid out on diagnosis of the illness meaning that the you do not have to die before your estate receives the money. Thus such a payout could pay off a mortgage relieving the person from the worry of paying monthly mortgage payments and associated bills allowing him/her to recover fully without this burden.
Alternatively such monies could facilitate the cost of private medical treatment in order to accelerate recovery further.
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