Cancer and Critical Illness Insurance

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Cancer and Critical Care Insurance May Be the Right Supplemental Insurance for You

Cancer insurance will give you peace of mind and help to cover unexpected expenses. Today millions of families are dealing with cancer. Look at your family and friends, chances are that you know at least one person who has had cancer.

In my own personal family, over half of my own family members have had to deal with some sort of cancer. You can take care of yourself, exercise, eat right and still be faced with cancer.

Critical illness insurance will help to cover unforeseen expenses. Cardiovascular disease is the leading global cause of death accounting for more than 17.3 million deaths per year. A stroke is the third leading cause of death and is the leading cause of serious, long-term disability in the US.

Will Any of These Unexpected Situations Happen to You?

• 39.6% of all men and women will be diagnosed with cancer.

• 66.9% of those diagnosed will survive 5 years or more.

• Cancer is more common in those aged 65-75.

• 1.5 million Americans will declare bankruptcy this year; 60% are due to medical bills.

• Each year 795,000 people suffer a stroke.

There is a Need, We Have Coverage Options

We are living longer, but that doesn’t mean we are living disease-free, particularly in old age. Medical advances and innovative medications mean that we are surviving illnesses that we might have died from in the past. This can result in costs we had not budgeting for. Regular health Insurance may cover most of the costs of a critical illness, but there are deductibles and copays we are responsible for.

Cancer and critical illness insurance will generally pay you a lump sum payment as specified in the policy for the diagnosis of cancer or a critical illness. The money is paid directly to you even if your insurance is covering the costs. This money can help you pay your deductible and out of pocket costs.

Imagine Insurance Advisors can help you determine if this sort of coverage is right for you. We’ll discuss your risk factors and family history to assist you in finding affordable coverage that gives you peace of mind.

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