Understanding Group Critical Illness Insurance Basics

Group critical illness insurance offers financial protection if diagnosed with covered serious condition. Provided by employers as employee benefit. Covers illnesses like cancer, stroke, heart attack. Premiums subsidized by some employers. Typically no medical exam required for enrollment. Payouts usually tax-deductible. Compare group and individual policies. Review exclusions carefully. Vital financial safety net when facing major illness.

Read more: https://ebsource.ca/group-critical-illness-insurance/