Health care is a significant part of any financial planning, especially in case of serious illness. Therefore, Critical illness health insurance forms the exclusive safety net for major medical conditions that require intense treatment and recovery on behalf of the patients.

An equally important question to know and a very important step in both choices of comparing health insurance with critical illness coverage or availing the best health plan for critical illness is exactly how the benefits of this policy will prove helpful.

What Is Critical Illness Cover In Health Insurance?

It is either a special product that comes along with health insurance as an add-on policy that normally pays a lump sum benefit when the individual receives the diagnosis of critical conditions, such as cancer or heart attacks, organ transplantation, or strokes.

Unlike this traditional health insurance that pays back at hospitalization or treatment costs, health insurance for critical illness includes all the following costs coverage:

This one lump sum amount lets the individual concentrate on recovery without the burden of finances.

Health Insurance vs Critical Illness

Health insurance and critical illness both have their uses.

Health Insurance: General health insurance policies cover the cost of hospitalization, medical expenses, and even pre- and post-hospitalization treatment, as well as daily treatment procedures. However, their scope does not cover the detailed expenditures involved in critical illness.

Critical Illness Insurance: These plans are specifically designed for life-threatening illnesses, so they help people stay financially stable during that stressful time. They provide a one-time payout to cover both medical and non-medical costs.

Most insurance companies offer health and critical illness insurance under the same policy, which protects routine and emergency medical services.

Features of Critical Illness Health Insurance Plans

1. Lump Sum Settlement: The most apparent feature of critical illness health insurance plans is the one-time payment on diagnosis, whereby a policyholder can make decisions about how to use the money as they prefer.

2.Cover for all sickness: Generally, most of the policies come along with cover for varied illness conditions like cancer, kidney failures, organ transplants, and even heart diseases.

3.Tax Benefits: Premiums paid towards health and critical illness insurance are deducted under the tax laws of the UAE, which again makes good financial sense.

4. Additional Benefits Some companies also provide secondary benefits such as opinion services, wellness programs, or access to specialty treatment centers.

Who Needs Critical Illness Insurance?

1.One whose family history has more tendency towards disease: Critical illness health insurance is a wise decision if your family has a history of critical illnesses like diabetes, cancer,or cardiovascular diseases.

2. Working Professionals: Critical illnesses always lead to a loss of income. Critical illness health insurance will help manage finances during the recovery process.

3. People in High-Stress Jobs: Stress-related illnesses are rising, and critical illness coverage is essential for people working in high-pressure environments.

Benefits of Health Insurance with Cover Critical Illness

1. Financial Security It is either for the best possible treatments, home bills, or debt repayment. The Critical Illness Plan provides financial support.

2. Global cover: Many insurance companies extend coverage to treatments in other international healthcare facilities. This further ensures that the best services are provided.

3. Mind at Ease In the worst-case scenario, managing unexpected health problems would complement the best health coverage against serious illness.

Comparison of statutory health insurance

Use InsuranceHub.ae’s free and non-binding health insurance comparison. With our comparison calculator you can quickly and easily find the best health insurance for you and save up to 420 AED a year. At a glance, you can compare which important additional services the individual health insurance companies offer. Our calculator also shows you how much you save compared to your current health insurance.

Our comparison of statutory health insurance takes into account numerous health insurers that are open throughout UAE or in individual federal states.

The advantages of InsuranceHub.ae Agents in Dubai