What is a Critical Illness policy- 

A Critical Illness Policy is also known as catastrophic illness insurance. This type of insurance is in place to protect you from being completely financially ruined if you get hit with a major, life-changing health event. It’s often not commonly known that most standard health insurance plans don’t actually necessarily protect against major health emergencies like getting cancer or a heart attack. The cost of treating life-threatening illnesses is often much higher than normal, including being higher than what you can often cover with your regular health insurance. As a result, critical illness insurance is designed to help you make up the difference. You can get cash to pay for it when your traditional insurance runs out and you would have to pay out of pocket otherwise.