About 90% of critical illness insurance claims come from cancer, heart disease and stroke. Therefore, instead of focusing on the number of illnesses covered, it is better to find out if the illnesses covered are necessary and to understand your family medical history.

If you have a limited budget and want to get a higher level of critical illness coverage for a specified period of time, you can consider a term critical illness insurance policy; while a whole life critical illness insurance policy is more suitable for those who have sufficient liquidity or need long-term coverage.

Medical insurance pays for eligible medical expenses on an  reimbursement basis, while critical illness insurance provides one-off cash compensation for specified illnesses.