Critical Illness

CRITICAL ILLNESS INSURANCE

Critical illness insurance provides additional coverage for medical emergencies like heart attacks, strokes, or cancer.
Even with excellent medical insurance, just one critical illness can be a tremendous financial burden. Critical illness insurance provides a benefit if you experience one or more of the following medical emergencies:
• Heart attack
• Stroke
• Organ transplants
• Cancer
• Coronary bypass
• And more depending on the policy.

Critical illness insurance can pay for costs not covered by traditional insurance. The money can also be used for nonmedical costs related to the illness, including transportation, child care, and so on. Typically, the insured will receive a lump sum to cover those costs. Coverage limits vary, you could be eligible for a few thousand dollars all the way up to $1,000,000, depending on your policy. Policy pricing is impacted by a number of factors, including the amount and extent of coverage, the gender, age, health of the insured, and family medical history.

There are exceptions to critical illness insurance coverage. Some types of cancer may not be covered, while chronic illnesses are also frequently exempted. You may not be able to receive a payout if a disease comes back or if you suffer a second stroke or heart attack. Some coverage might end when the insured reaches a certain age. So, if you like to speak to a qualified licensed agent please contact us for a phone consultation.