Insurance to Cover Critical Illness
What is Critical Illness Insurance?
Critical illness insurance can be purchased as a term or permanent policy, and is paid out upon surviving 30 days past the date of original diagnoses. The illnesses covered differ from policy to policy, so given your family history it is crucial to “shop” for the best coverage for you.
Why Choose Critical Illness Insurance?
If you have a strong family history of a certain critical illness, purchasing coverage will eliminate your need to worry about your financial future. In the event you are diagnosed with an approved, specified illness and you survive 30 days, your policy will be paid out to you in cash. This payout will allow you to not worry about any potential lost wages, missed mortgage payments or late bills and to focus solely on your recovery. As previously mentioned the conditions that are covered by any critical illness insurance policy differ immensely, they can range from as little as 4 to as many as 26 conditions covered. It is imperative that you know all the listed illness for your policy to ensure proper coverage.
If you live in Oceanside and want to make an appointment with Carol Plaisier to talk about your Critical Illness Insurance options, contact us today.