The critical illness plan will pay the insured a tax-free lump sum and he can use this amount to take care of himself in the event of a critical illness. You may find this amount really relevant if you have dependents or are one of your family’s primary income earners. The tax-free lump sum is only paid if you survive the survival period stated in the policy.
Learn more about health insurance from these informative articles to help you decide in choosing the best plan for you.
Insurdinary provides a comprehensive quotes comparison sends straight to your inbox so you can start comparing health coverage in minutes. See plans from several major Canadian insurers to choose the right option for you. Our customer health specialists are also available to address your questions and concerns.
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