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What I found most useful as posted by David Blumenstein in his post Medium post, Illustrations vs Cartoons vs Comics, he writes:
Illustrations can tell you what is happening.
Cartoons can tell you how people are feeling.
Comics can tell you what is happening, how people are feeling and why these are the case.
Wikipedia defines that "An illustration is a decoration, interpretation or visual explanation of a text, concept or process, designed for integration in print and digital published media, such as posters, flyers, magazines, books, teaching materials, animations, video games and films."
Comics allow for telling a compelling, character driven story using a visual narrative.