Critical illness insurance provides financial protection against serious health conditions, such as cancer, heart attack, or stroke. It offers a lump-sum payment upon diagnosis of a covered illness, helping to cover medical expenses, loss of income, and other costs during a challenging time. With the rising incidence of chronic diseases and high medical expenses, having critical illness insurance is crucial for safeguarding your financial stability and ensuring access to necessary treatments without the burden of overwhelming costs. This type of insurance can provide peace of mind, knowing you have support during a health crisis.