You’ve maybe never even heard of it but in the event of a big health emergency, such as cancer, heart attack or stroke, critical illness insurance could be the only thing protecting you from financial ruin. Many people assume they’re fully protected with a standard health insurance plan, but the extravagant costs of treating life-threatening illnesses are usually more than any plan will cover. Critical illness insurance can pay for costs not covered by traditional insurance. The money can also be used for non-medical costs related to the illness, including transportation, childcare, etc. Typically, the insured will receive a lump sum to cover those costs.

Coverage Limits Vary -- You could be eligible for a few thousand dollars upto $100,000 depending on your policy

Cancer Guard - Cancer can strike anytime. It can affect anyone, whether young or old, male, female or child, and regardless of their social or medical condition.

Although you cannot escape that reality, you can limit the financial consequences for your family with a cancer insurance policy.