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 financial support to cover unexpected expenses in the event of a cancer diagnosis. Almost everyone has been touched in one way or another by cancer. You can take care of yourself, exercise, eat right, but still be faced with cancer. Millions of people cope with and fight cancer every day and as medical science advances, it is becoming easier to detect and combat.

Critical illness insurance will help to cover unforeseen expenses when you develop a complex condition. Cardiovascular disease is the leading global cause of death and strokes are the leading cause of serious, long-term disability in the US. These illnesses may not be apparent until something serious happens, and at that point, it’s too late to be approved for coverage.

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.

• 60% of bankruptcies are due to medical bills.

• Each year 795,000 people suffer from 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 you had not budgeted for. Health insurance may cover most of the costs of a critical illness, but there are deductibles and copays that you 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, or help to secure your daily living.

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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