14 Dec, 2024
1 min read

IMPORTANCE OF TERM INSURANCE FOR EARLY STAGE CRITICAL ILLNESS

The menace that is critical illnesses like cancer, stroke, kidney failure, Alzheimer’s disease, Parkinson’s disease, Coma, heart attacks and liver diseases has contributed to 60% of recorded death cases in the world today. The high number of statistics point to a grim future making it all the more important to have a term insurance plan for critical illness.

Critical illness term insurance is an insurance cover that provides coverage for a specified number of years to an insured but less expensive than permanent life insurance. In case the insured dies when the policy is still active a death benefit will …