Medical Protection vs Critical Illness Protection

	Medical Insurance	Critical Illness Insurance
What does it do?	Medical plan pays for the cost of treatment and medication of a hospitalisation	Critical illness plan provides a lump sum payout upon diagnosis of one of 36 critical illnesses, total and permanent disability or death
What can I do with the claims?	Pay for medical cost of treatment or hospitalisation	The patient can use the lump sum payout for anything they want, not restricted to medical treatment. For example, some use it to help their family’s financial situation.
Coverage until?	Until age 99	Until age 80 or death
Who does it most benefit?	The policyholder (and his family, if plan covers family) as it helps pay for their medical treatment	The policyholder and/or their dependents, depending on use of payout
What is the premium payment like?	Premium increases with age	Premium remains the same throughout lifetime