Is voluntary critical illness insurance worth it? - Quora

Narendra Singh27 Oct, 2021Finance

I honestly believe that buying critical illness insurance is worth it. Let me tell you why. Before I answer, let me tell you that my response is based on what happens in Singapore. A critical illness insurance plan pays you a lump sum amount if you are diagnosed with any of the diseases covered in the plan. Some of the major diseases and health complications that get covered include heart attack, cancer, coma, kidney failure, and loss of an independent existence, among others of a similar nature.