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Critical Illness Insurance
No one plans to get critically ill, but when something unexpected happens, you can help yourself and your family by being financially prepared. Critical Illness Insurance is designed to provide tax free lump sum payment to an insured who has been diagnosed and survived with one of the specific illnesses on a predetermined list of the Policy.
The waiting period is generally 30 days, however it may also be shorter up to 14 days. When the insured \dies throughout the waiting period, in that case just the premium is compensated to the designated beneficiary.