Health Insurance Or Critical Illness Insurance – Which One Should You Buy ?

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#nrimoneyclinic #healthinsurance #criticalillnessinsurance
Why Do You Buy a Health Insurance Plan ?

To Reimburse Hospitalization Expenses.

Why Do You Buy a Critical Illness Insurance Plan ?

To Compensate For Lost Income

What Is The Difference Between Two ?

Health Insurances Reimburses Hospital Bills Only
Critical Illness Insurance Pays A Large Lump Sum

POINTS TO NOTE

Critical Illness Policy Has Level premium
Health insurance Premium Move Up With Increasing Age

POINTS TO NOTE

Critical Illness Insurance Plan Is For Your Benefit.
Life Insurance Is For Benefit Of Your Family Members

POINTS TO NOTE

You Can Depend On Health Insurance Given By Your Employer .
But Buy Your Own Critical Illness insurance Policy

FINAL VERDICT

Don’t Choose Between health And Critical Illness Insurance
Make Sure You Buy Both
Both Of Them Are Different And Serve Different Purpose

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