Critical illness is a broad form of cancer insurance. A good major medical plan will cover the lions share of your medical bills but there are always deductibles, copay's and coinsurance left over to be paid out of your pocket.
A good critical illness insurance plan can help you pay these bills and a lot more.
Critical Illness Insurance is important if you have a high risk of getting a serous illness due to having it run in your family, and if you do not have savings to carry you through the time of treatment and recovery. Receiving a lump sum of money via a critical illness policy can make a big difference in your recovery as you have the extra funds to spend on time to heal, try new treatments, etc.
Licensed Life Agent, Life and Finance/ 50 States, New York
Statistics show that a great percentage will contract any of the covered illnesses and that in the many that have had these illnesses was left with no financial resources to help treat the illnesses; therefore, not able to work, pay the bills at home, and money for treatments. Depending on carrier and type of policy payments are lump sum and tax free from 20,000 to 1,000,000.
Converage is for Heart Attack, Cancer, Stroke, and Renal Failure.
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A good critical illness insurance plan can help you pay these bills and a lot more.
Converage is for Heart Attack, Cancer, Stroke, and Renal Failure.