A critical illness policy is designed to create a tax-free lump sum payment soon after the onset of a critical medical problem such as a heart attack, life threatening cancer, stroke etc. A critical illness policy pays you regardless of your ability to return to work and is paid independent of your disability coverage. One of the most common problems our clients experience upon the diagnosis of a critical illness is that they require financial flexibility over and abovetheir monthly disability payment. Your critical illness plan is designed … Continue reading Critical Illness Insurance 101