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Facing a serious illness can be one of life's most challenging experiences, not just physically and emotionally, but financially too. While health insurance is vital for covering medical treatments, it often doesn't account for the myriad of other expenses that arise. This is where critical illness insurance steps in as a crucial financial safeguard. This supplemental policy provides a lump sum payment to help you navigate the unexpected costs associated with recovering from a life-altering diagnosis. Let's delve into what this type of insurance really offers and why it's gaining so much traction in today's world.
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