What's the difference between Critical Illness & Hospital Indemnity Insurance?

While both pay cash directly to you, they trigger differently.

Critical Illness pays a lump sum upon diagnosis of a specific condition (like cancer, heart attack, or stroke).

Hospital Indemnity pays a fixed daily amount for every day you are admitted to the hospital, regardless of the diagnosis.

Many clients pair these to cover the high out-of-pocket costs of a major medical event.