CRITICAL ILLNESS If you have a heart attack or are diagnosed with a critical illness, would you rather have a get well card or a check for $50,000? A critical illness policy will help you survive financially so you can focus on more important things. Did you know that roughly half of the personal bankruptcies in the U.S. are caused by illness or medical issues? Perhaps more surprising is the fact that 68% of those filing for medical bankruptcy had some kind of health insurance. When you have a life-threatening medical crisis, your health insurance should take care of the cost of healthcare – but you’ll likely need help with other financial issues. A critical illness policy provides a very helpful infusion of cash when you need it most. You can use the money to pay your deductible and any ongoing expenses, replace income when you’re out of work for an extended period, pay for experimental treatments not covered by insurance, or for anything else you may need in your recovery. These plans will help anyone, but are particularly useful for clients with high deductible health insurance plans, providing them with an added layer of protection.
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