What is the difference between Disability Income Protection and Critical Illness Insurance?
Disability Income is designed to replace a portion of your wages should you become unable to work. Critical Illness Insurance is designed as a living benefit to pay a lump sum amount, in most cases, for expenses incurred during a catastrophic illness such as cancer, heart attack, stroke, etc. Often, the Ciritcal Illness Benefit assists with costs not covered by traditional medical or income replacement policies.
