CRITICAL ILLNESS INSURANCE PLANS PROVIDE FINANCIAL BENEFITS DURING PERIODS OF HEALTH RELATED CRISES.
Health insurance provides benefits for medical treatment but does not include benefits for non-medical expenses. Life Insurance plans pay benefits after death. So what about everything else in between?
When diagnosed with a critical illness, your focus needs to be on your physical survival - not your financial survival. Critical illness insurance plans pay a lump sum cash payout when you survive a critical illness such as heart attack, stroke, or cancer. Consider the difference a cash payment of $25,000, $50,000, or $100,000 would make to a person diagnosed with a critical illness.
Every 21 seconds . . . someone in the US is diagnosed with cancer.
Every 25 seconds . . . someone will suffer from coronary even, and about every minute someone will die from one.
Every 40 seconds . . . someone in the US is having a stroke.
Heart disease and stroke statistics - 2010 update, American Heart Association.
Cancer Facts and Figures, American Cancer Society, 2010.