Dread disease insurance, also known as sickness insurance, is a type of coverage that provides financial assistance in the event of a serious illness such as cancer, heart attack or stroke. This type of insurance is especially important because Dread Diseases often come with high costs for treatments and care.
Alternative to BU
Dread disease (DD) insurance is often considered an alternative to disability insurance (DI) because it targets specific serious illnesses that can lead to permanent disability. In contrast, BU insurance covers a broader range of illnesses and injuries that can prevent a person from doing their job.