Critical insurance can cost a hefty sum, and the chances that you will need to be covered for a certain condition can vary. Basically, you are gambling on the odds that you will develop cancer, have a heart attack, or suffer a stroke in your lifetime. There are life and death considerations you must make, so ask yourself the following questions:
Though these questions may lead to answers that educate you on whether or not you should pursue critical illness insurance, remember that a doctor is always the best source for information. You cannot assume that because a disease is prevalent in your family that you will necessarily suffer its effects. Conversely, the fact that a small number of your family members have had a stroke, heart attack or cancer does not mean that factors that a doctor can decipher will not lead to your falling ill. Make sure that whatever course of action you decide upon, you always consult a doctor.
CBOnline has a great article that answers some critical illness insurance questions.
