5 Adventages of Having Critical Illness Insurance

It is no surprise that nowadays there are more and more outside factors that can cause all types of illness, as you can see on the news of new viruses and such. Even seemingly healthy-looking people can get critical illness out of the blue. It is time to change the idea that critical illness insurance is not an important part of life. It is in fact a great investment that can benefit both your health and your pocket as well as saving you and your loved ones, and it is something that should be done.

Let’s take a look at 5 advantages of having critical illness insurance

1. The premiums are inexpensive.

The premiums are considered affordable compared to the coverage you will receive. If you get diagnosed with some serious illness, of cause the medical expenses are certainly high. Having critical illness insurance helps over-spend your savings. For example, you pay a thousand for the premiums but you will get millions back. No matter the disease is only the beginning state or worse, they will pay you as soon as you get diagnosed. Also, the premiums are fixed-price. The more you get it from the young age, the cheaper it gets.

2. Detecting a serious illness does not affect your savings

The sooner you get your critical illness insurance, the better your financial savings can be. The critical illness insurance is like your medical savings account. Therefore, there is no need to spare more money for medical expenses.

3. No Need to Concern About Income.

When a serious disease is detected and you cannot go to work, do not worry, the insurance company will give you compensation.

4. Better Chance at Treatment

With the new environment, lifestyle and various factor nowadays, everything can cause serious diseases. Having critical illness insurance is an important backup plan. If a serios disease has been detected, there is no need for you to worry about medical expenses or facilities during the treatment. Plus, you have more access and benefits to more treatment compared to people who do not have insurance.

5 It Can Be Used for Tax Deduction

The critical illness insurance can be applied for tax deduction. It is extremely beneficial and is another important part of financial planning.

If any of you are interested in getting critical illness insurance, dSurance would like to introduce 2 fascinating critical illness insurance plans. The first one is called ‘DIY Life Insurance’ meaning you can design your own coverage With DIY Life insurance, you can choose coverage up to 3 coverage of your desire, whether it is life protection, income compensation and 10 critical illness coverage. The premiums starts at only 378 Baht and it is easy and quick to purchase.

The second one is Cancer Insurance plan. It is a specific insurance plan with coverage only for cancer which is regarded as one of the most serious diseases that Thai people suffer from. The premiums for this insurance is also fixed-price and you will get a large amount of compensation as soon as the cancer has been found. Plus, you will receive additional consolation if encountering with gender-specific cancers such as breast cancer and prostate cancer. If anyone is interested, please see more information in the critical illness insurance plans section.

To this point, you should know by now not to overlook critical illness insurance. Because having critical illness insurance not only covers medical expenses and treatment but also help with family’s financial liquidity. It is considered something that will help lighten the burden and increase peace of mind in life.