Critical Illness

What is Critical Illness Insurance?

With health insurance costing more and delivering less these days most people today are experiencing a growing financial burden that they’re ultimately responsible for. As a result, the demand for supplemental health insurance products is growing and Critical Illness insurance is one of those products.

How Critical Illness Insurance Coverage Can Work for You

Are you financially prepared for a Critical Illness? Unfortunately, most are not. Too many people discover that after a critical illness diagnosis their primary health insurance is inadequate, resulting in a large financial burden directly on your shoulders.

The main objective of Critical Illness insurance is to reduce financial stress. These policies pay cash benefits upon the diagnoses of a covered condition. This money can be used for anything. Whether it’s to pay for out-of-network medical costs, experimental treatment not covered by conventional health insurance or to pay your mortgage - you decide how to use the money, not the insurance company.

Beyond the most commonly occurring critical illness such as Cancer, Heart Attack and Strokes, today’s typical plans cover a broad range of critical illnesses such as:

• Alzheimer’s Disease

• Heart Attack

• Kidney Failure

• Blindness

• Cancer

• Major Organ Transplant

• Stroke

• HIV/AIDs

• Coma

• Paralysis

• Parkinson’s Disease

• Brain Tumor

• Coronary Artery Bypass

While we don’t consider Critical Illness insurance a replacement for your health insurance, it is an important supplemental benefit that can provide much needed financial relief and financial flexibility.

Critical Illness Insurance Is Simple

If you are diagnosed with a covered illness like Cancer, Heart Attack, Stroke or Alzheimer’s disease, Critical Illness insurance pays typically pays a lump sum. However, some policies may pay a monthly cash benefit. You have complete discretion on how to spend the money – it can be for out of network medical costs, experimental treatments or even to pay your mortgage. It can be for anything you decide. No bills or receipts are required and no strings attached.

To learn more about Critical Illness insurance give us a call us today to schedule a free consultation. We’ll discuss the importance of adequate health care planning and how Critical Illness insurance can play a role in your own personal health care strategy.