insurance provides additional coverage for medical conditions like heart attacks, strokes, or cancer. These medical conditions often come with significant healthcare costs and missed work time. Critical illness insurance can pay for costs not covered by traditional insurance. The money can also be used for nonmedical costs related to the illness, including transportation, childcare, and so on. Typically, the insured will receive a lump sum to cover those costs. Plan benefits are paid a lump sum upon diagnosis of a covered critical condition. Benefit amounts are guaranteed to issue up to $30K.