Employer-provided critical illness insurance can be valuable, especially when the company pays all or part of the premium. But it should not automatically be treated as a replacement for personally owned CI insurance. The main
A critical illness claim is not approved simply because a doctor confirms that the policyholder is seriously ill. For a claim to be paid, the medical condition or procedure must satisfy the specific definition and
Critical illness insurance can be structured as term-based protection, attached to a whole life policy or offered through other policy designs. The central difference is straightforward: Term CI prioritises affordable protection for a fixed period.