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Glossary > C > "Critical illness cover" Definition

Critical illness cover

Insurance which covers the insured against specified critical illnesses such as cancer, heart attack and multiple sclerosis etc. In the event that the insured contracts one of the specified illnesses, the insurers would pay a lump sum rather than an income as in the case of permanent health insurance.

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Critical illness cover - Insurance which covers the insured against specified critical illnesses such as cancer, heart attack and multiple sclerosis etc. In the event that the insured contracts one of the specified illnesses, the insurers would pay a lump sum rather than an income as in the case of permanent health insurance.

Critical illness cover : insurance which covers the insured against specified critical illnesses such as cancer, heart attack and multiple sclerosis etc. in the event that the insured contracts one of the specified illnesses, the insurers would pay a lump sum rather than an income as in the case of permanent health insurance.