What Is Critical Illness Insurance Cover? 
Critical Illness insurance is a specified disease based coverage meant to provide a tax free , lump sum face amount up diagnosis of a covered illness.There are several insurance carriers who offer this coverage and as you can imagine , each carrier covers different conditions . That said , there are a select few States where the Department of Insurance has not approved Critical Illness insurance for sale within that specific State . Anyway , of all the conditions covered ... the most important are Heart Attack , Cancer and Stroke . Not to downplay the seriousness of other diagnosed conditions but nearly 80 % of all claims that will get paid from these policies are due to those three conditions . Each carrier offers coverage for other conditions . Some carriers offer coverage for 21 different conditions , while other carriers may limit their coverage to 4 or 5 conditions . Please understand that when looking into Critical Illness coverage , the most important thing to look for is not just what conditions are covered but how they are covered . The benefit definitions are a major consideration and it is `` critical '' -LRB- pardon the pun -RRB- to know the benefit definitions prior to purchase . There are carriers who provide a stroke benefit but will not pay a benefit unless the neurological deficit of the stroke persists for 30 days ... whereas there area few carriers who will pay a stroke benefit once the neurological deficit persists 96 hours . I hope this helped answer your question . 