Critical Illness Cover, Now for Children As Well

The increasing number of lifestyle diseases, some of which can be life threatening too, have prompted more and more people to take up the critical illness insurance cover. The best part now is that this insurance policy is even available for children. They cover children as young as three now-a-days. As with adults, even for children this policy does not cover the diseases and the disabilities that the child is born with. It does not even cover any disease that the child might develop while taking the critical illness cover.

But the benefits of taking the critical illness insurance cover are aplenty. The best part is that in case the child develops a life threatening disease at a later stage, the parents receive a lump sum amount that is not taxable. With this money they can provide the best medical treatment for their child. This cover is especially beneficial for people who are not financially strong and cannot afford expensive medical treatment.