As an experienced freelancer or an independent contractor, you are well aware of the pressures of your job. Meeting deadlines, delivering work on time, quality of the work, earning profits etc. always keeps on the run. You work long hours and there is no schedule for eating and exercising and gradually all this take a toll on your health. Imagine a scenario where you are diagnosed with a serious illness and the doctor says that you are unfit to work. Apart from the physical stress, you will have an added mental stress too as to how will you manage your finances for the daily bills and mortgages and also how will you get food and basics for your family. The contractor's critical insurancecover has been designed for these difficult times only.
The critical illness insurance helps you ease your financial pressures and pay a lump sum and tax free amount to you in case you are critically ill or not able to work at all. Most companies pay you as soon as you are detected with a serious illness like stroke, cancer or heart attacks etc. The contractor's critical illness insurance support people financially while they are on their way to recover so that they can only concentrate on their illness and not on how to manage the finances for their daily life.
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