CRITICAL ILLNESS INSURANCE
A critical illness such as a heart attack, stroke or major organ failure can impact anyone, from the least health-conscious to the most fit. Every 34 seconds, someone has a heart-related event, and every 40 seconds, another person has a stroke.1 Heredity and lifestyle affect your risk factors, but even if you’re in perfect health, life can change in an instant.
When a critical illness strikes, major expenses often follow. Health insurance may cover some of your medical costs, but not everything. In addition to your day-to-day bills, you could incur costs for treatment and recovery, such as:
Plus, if you have to take a leave of absence or reduce your work schedule to care for yourself or others, expenses and debt can add up quickly. That’s where critical illness insurance can help. With a financial safety net in place, you can rest assured that a sudden illness won’t jeopardize your finances.
SOME OF THE COVERED CONDITIONS INCLUDE:
Other serious illnesses may be covered as well, depending on the specific design of your plan. Additional coverage options also are available to help pay for health screenings, subsequent diagnoses and cancer vaccines.
AN EXAMPLE OF HOW CRITICAL ILLNESS INSURANCE CAN HELP
After returning home from his 45th birthday celebration, John had a heart attack. Fortunately, he survived and had critical illness insurance to help pay the bills while he recovered.
John’s medical insurance didn’t cover all of his diagnostic tests or heart bypass surgery, but his critical illness insurance helped pay for these unexpected expenses.
LIFESTYLE CHANGES AND REST
After recovering, John followed his doctor’s recommendation and used part of his benefit to pay for a gym membership and take a vacation to relieve stress.
John gets a yearly stress test paid for by his annual health screening benefit.