Health care can be expensive and it seems to increase each year. When there is a critical illness involved, the cost can increase dramatically which is why critical illness insurance was developed.
If you have insurance for a critical illness through your employer, and have been diagnosed with a critical illness, you will receive one lump sum payment. Since you most likely will not be working during your illness, this money is used to help pay for your living expenses along with your medical bills. Some of these insurance plans pay the providers directly and others cover travel expenses and accommodations.
There are many major benefits to having a critical illness policy through your employer. For one, there would be a much less chance of ever having to file for bankruptcy. If you choose a plan that offers mortgage protection, it would insure your mortgage would be paid in full upon being diagnosed or even upon death.