Critical illness insurance
Critical illness insurance enables you to obtain the amount insured during your lifetime when you receive a diagnosis of an illness covered by the contract. You will obtain the full compensation amount since you have a qualifying illness. You do not have to die from the illness to be eligible for compensation. In fact, this insurance is not and does not replace life insurance. Rather, it pays out a lump sum when you are diagnosed with an illness covered by the contract. For example, if you have purchased such insurance and you receive a diagnosis covered by the contract, you may receive the relevant compensation.