Critical illness life insurance has come as a blessing for people suffering from life threatening diseases. Although, medical advances have made it possible for people to lead a healthy life for longer durations, there are certain critical illnesses that can leave you crippled and without a job. During these testing times, the mounting medical expenses on top of unemployment can lead you to the brink of bankruptcy. The insurance provides coverage for such conditions by assisting you financially or taking care of your near and dear ones in such times.