A Financial Lifeline
Critical illnesses are often sudden and unexpected. The lump sum granted can be used for almost anything related to treating and recovering from the illness – groceries, childcare, prescriptions, transportation, or any other financial liabilities. The sum is limited to a maximum lifetime benefit, paid directly to you after the diagnosis and a 30-day waiting period.
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Life-threatening illnesses
If you are diagnosed with a critical illness, standard insurance plans may not be able to cover all your bills, especially if you become unemployed.
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A lump sum
Critical Illness Insurance will pay a lump sum directly to you in the event of a critical illness diagnosis as a financial bridge, reducing stress while undergoing treatment and recovery.
Frequently Asked Questions
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You pay Critical Illness premiums, and in the event of a qualifying critical illness diagnosis, the insurance company will pay out based on selected coverage and type of illness. The money can be used for any financial liability, from rent and groceries to transportation and childcare.
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Conditions vary by plan but most often include life-threatening illnesses such as heart attack, cancer, stroke, and more.
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Even the best plans don’t usually cover the full amount of treatment and recovery from life-threatening illnesses. Critical Illness coverage will pay benefits directly to you to help finance where traditional plans fall short. This is especially important as many people are not able to save enough to prepare for a catastrophic illness diagnosis.
Call Us
Give us a call to speak to a licensed sales agent and learn more about your insurance options.