Critical
illness insurance covers medical diagnosis such as cancer, heart attack or
stroke and provides funds to cover the severe financial hardships from them.
Traditional health insurance plans cover medical expenses, but costs such as
insurance deductibles, child care, travel to and from treatment facilities, and
short-term home health care must often be paid out-of-pocket by the patient.
While disability insurance policies will replace lost income, they may require
a lengthy waiting period to take effect.
Critical
illness insurance helps suppliment health insurance to help cover the
additional expenses associated with a critical illness diagnosis. The benefit
is paid directly to you to use as you see fit — regardless of what is covered
by your other insurance plans. Whether you use the single-payment benefit for
additional treatment-related costs, to replace lost income or to transport a
loved one from another city, critical illness insurance helps alleviate
financial burdens associated with your treatment — so you’re better able to
maintain your way of life and focus on recovery.
First Choice Insurance Agency works with several insurance companies such as American General,
American national, John Hancock, Lincoln Benefit, and many others to find the
right product for your needs!
