Critical Illness Insurance provides benefits when an insured

person suffers from a sudden critical illness.  That person

chooses a lump sum benefit ( usually starting at $5000.00) that

will be paid when a sudden critical illness occurs. The policy

lists the critical illnesses that the insurance company will cover.  

The companies pay immediately upon the confirmation of the

diagnosis of a critical illness.  The insured person can use the

benefit funds however they choose.  That money usually helps

to offset the out of pocket costs associated with a critical illness,

which helps the insured person keep from depleting his or her

assets.  Click below for additional information.