Critical Illness Insurance pays a lump sum cash benefit as soon as you are diagnosed with any of the specific, illnesses covered and your claim is approved. You can use this money to pay out-of-pocket medical costs and non-medical costs associated with your treatment, such as childcare or transportation.
ARE YOUR SAVINGS ENOUGH TO PAY YOUR BILLS IF YOU GOT CRITICALLY ILL?
While you’re being treated for and recovering from a critical illness, your income may be affected. Even with medical insurance, out-of-pocket expenses can add up quickly, including:
► Medical Deductibles & Co-Pays
►Rent or Mortgage Payments
►Credit Card Debt
►Savings for College & Retirement