If you have dependents and are uninsured, they may experience substantial, perhaps catastrophic, financial difficulties upon your passing. This is particularly true if you have a mortgage or other substantial debt. If you are insured, they'll be protected against financial disaster...and you'll sleep better at night.
Critical illness insurance
Critical illness insurance provides a lump-sum benefit upon the diagnosis of a defined critical condition which can be used for whatever purpose you choose.
Disability insurance isn't just about protecting your health; it's also about protecting your income and savings. It provides you with an alternative source of steady income when you need it most.