Unexpected health issues are just that, unexpected, and often financially catastrophic. If a young working individual were to become permanently unable to work due to a critical illness, a life insurance policy covering this scenario could be a real life saver. Critical illness life insurance guarantees a lump sum payment if an unexpected illness is diagnosed. Make sure to check your policy to make sure most illnesses are covered in the life insurance contract. This can be a great way to have peace of mind in the event of the worst kind.