Critical Illness Insurance

Critical illness insurance is designed to cover medical and day-to-day expenses that result in a diagnosis or complications from a covered illness.

According to the American Heart Association, 795,000 Americans will suffer a heart attack every year. In addition, someone will have a stroke every 40 seconds. Nobody expects to have a critical illness diagnosis. Not only can a diagnosis impact your day-to-day life, but it can also impact your finances.

What is critical illness insurance?

Critical illness insurance will pay you a direct lump-sum benefit if you are diagnosed with serious illnesses like heart attack, cancer, stroke, or any other covered illness. You can use the payment for whatever you need, including mortgage payments, medical bills, childcare, groceries, and more. You can also use it to pay for out-of-pocket expenses that your normal health insurance won’t cover, like copays, deductibles, coinsurance, and experimental treatments that might require travel.

Why do I need critical illness insurance?

Critical illness insurance can be a good thing to have if you cannot afford traditional disability insurance and do not necessarily need a lot of coverage. Because your chances of experiencing a critical illness increase as you age, your monthly premium can, as well, making this a less expensive plan for younger people.

What does critical illness insurance cover?

Along with heart attack, cancer, and stroke, critical illness insurance may cover coma, Alzheimer’s, paralysis, angioplasty, bypass surgery, organ transplant, and kidney failure. We will provide a complete coverage list during our free one-on-one consultation.

Why should I get critical illness insurance?

Critical illness can occur at any time. The cost rises as you age, so it’s a good idea to lock in your rate as early as possible. Critical illness insurance offers reoccurring benefits, so you can make multiple claims in the unfortunate event that you have multiple illnesses.

If you’re interested in Critical Illness Insurance a United Benefits Specialist can help you explore your options.