Critical Illness insurance

Critical Illness: It happens, but your financial world doesn’t have to come crashing down as a result. Find out how to access emergency money to keep the bills paid during times of stress. Breathe easy knowing you’re covered!

What is Critical Illness Insurance?

Critical Illness Insurance provides you with emergency money if you’re diagnosed with a serious condition like heart attack, cancer, Alzheimer’s disease, or stroke. It helps you stick to your budget during challenging times and protects your savings as you recover.

As you heal, the comfort of knowing you’ll have enough to cover regular expenses and unexpected costs helps you focus on the most important thing of all: getting better. You can even use Critical Illness Insurance funds for out-of-network/alternative care or treatments not normally covered by your health insurance.

Critical Illness Insurance payouts can be used in any way you like. They are awarded to you, not your medical provider, so they can replace your paychecks or allow you to take additional time off. They can also cover deductibles, co-pays, rehabilitation appointments, travel for non-local care, and childcare.

How much Critical Illness Insurance do I need?

Critical Illness Insurance does not replace your health insurance or reimburse you for your medical care. At the same time, you’ll need money day-to-day or monthly expenses like mortgage or rent, tuition or student loans, utilities, credit card payments, and childcare. This is where Critical Illness Insurance can help.
To determine the amount of Critical Illness Insurance that’s right for you, think about how much it costs to get sick. Even $20,000 in coverage could make all the difference to you and your family should the challenge of critical illness arise.

With most covered conditions, the amount of Critical Life Insurance you’ll receive upon diagnosis is equal to the value of your policy. For example, if you purchase a $25,000 policy, you will receive a check for $25,000.

In general, for the most common amounts of coverage, a medical exam is not required, and there’s usually no waiting period before coverage starts for most conditions and procedures.