What Is Critical Illness Insurance And Why Might Someone Need It?
15786 POINTSContact Meview profileBob VineyardPROFounder, Georgia Medicare Plans, Atlanta,GACritical illness insurance is like the popular cancer insurance plan except much more broad in scope. A critical illness plan will pay a benefit (usually on first diagnosis) for any one of the named conditions listed in your policy. Critical illness may have a dozen or more conditions including cancer, heart attack, stroke, etc.Answered on May 28, 2013+01+1 this answer
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63333 POINTSview profilePeggy MaceMost of the U.S.Critical Illness Insurance pays a lump sum to a person who is diagnosed with a serious health condition such as cancer, stroke, or other life threatening illnesses. When faced with that type of diagnosis, there may be a loss of income. At the same time, bills are incurred for health care, child care, travel, and other costs associated with becoming ill. The lump sum of cash provided by critical illness insurance can alleviate the trauma somewhat.Answered on August 30, 2013flag this answer
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