Critical illness (cancer and heart attack/stroke plans)
In the event of a big health emergency, such as cancer, a heart attack, or a stroke, critical illness insurance could be the only thing standing between you and financial ruin. Many people assume they’re fully protected with a standard health insurance plan, but the exorbitant costs of treating life-threatening illnesses are usually more than any plan will cover.
Critical illness insurance provides additional coverage for medical emergencies like heart attacks, strokes, or cancer.
Because these emergencies or illnesses often incur greater-than-average medical costs, these policies pay out cash to help cover those overruns when traditional health insurance may fall short.
These policies come at a relatively low cost. However, the instances that they will cover are generally limited to a few illnesses or emergencies.
If you'd like to learn more on how critical illness insurance works and how it can benefit you or a loved one, leave your contact information and I will reach out to you to schedule an appointment.