As a contractor, you work really hard to keep your business floating in the safe waters and also go through a lot of work pressures and pressures of meeting deadlines. This can seriously affect your health. You don’t get time to exercise, eat proper meals which can worsen even a minor illness. As a independent contractor, you are a greater risk as compared to your employed counterparts as they have a backing up of their employers in case of a loss but you will have to bear the entire loss yourself while you are seriously ill as you are self employed.
There are a lot of advanced technologies to cure your illness but what if you are down with some serious health problem? Who will take care of your family and your medical expenses? This is where the critical illness insurance comes as a helping hand for you. Your insurance company will pay you a lump sum amount as soon as you are diagnosed, so that you don’t have to worry about the medical bills from the start till the end. This is the best cover to protect yourself and your family in a bad situation. Most of the insurance companies are offering this insurance at very competitive rates and if you choose to buy it online, it can be faster too.
