One of the major problems of modern day life is the continuously rising prices of commodities. Today, a stage has come when one can rarely think of buying any product without carefully going through the prices. Needless to say that people today are forced to strictly live within their budget. Any sudden expense can throw the entire household out of gear. Situation becomes really tight if such an expense that cannot be overlooked suddenly raises its head. And if the expense is such that it cannot be overlooked, then the situation really becomes desperate. Illness is one such reason that can be clubbed in this category. the more critical the illness, the more precarious the situation.What makes the whole situation really heart rendering is the fact that one can find himself in such a scenario that one might not have enough money to get oneself treated. It is here that medical insurance steps in and helps people in this most trying of all times by taking care of all the expenses that one might incur on the treatment, with the concerned individual not required to pay a single penny. Needless to say that this type of help is nothing less than godsend, the worth of which increases manifold if one is grappling with a critical illness, for the expenses invariably are more in such cases.It is the help that the insurance companies render at the time of critical illness that makes them so popular amongst masses. However, to gain maximum from medical insurance, one must lay great emphasis on the contract and check whether the policy comes to life as soon as it is signed and what all the illnesses are that one is protected from. Also, one must never give any wrong information to insurance companies, for it might lead to unnecessary hassles.If these precautions are taken, then there can be no denying the fact that medical insurance will prove to be of immense use at the time of such emergencies like critical illness.