Even, if you are covered under a comprehensive medical plan under Obamacare, it still may not be enough ……
The dreaded words…cancer. When you hear the doctor say you have cancer you can hardly believe it’s happening to you. Your mind races from panic, to denial, to treatment, to why? But statistically, critical illnesses such as heart attacks, strokes and cancer affect all of us and our loved ones. We are never quite prepared to get the news. As medical technologies and treatments improve, more people are surviving once fatal forms of cancer, heart disease and other conditions. But medical and non medical expenses often fall outside the covered expenses of traditional medical and disability plans. Even, if you are covered under a comprehensive plan under Obamacare, it still may not be enough, especially if your medical plan has a high deductible and coinsurance percentage. These trends create a growing demand for supplemental health insurance such as critical illness coverage.
Here is what YOU need to know about critical illness coverage and the benefits it offers YOU:
Coverage: A critical illness policy pays out a lump sum benefit if you are diagnosed with a serious illness. Depending on your plan, most policies cover heart attacks, stroke, cancer, Alzheimer’s, multiple sclerosis, to name a few. You can use these benefits for any expense: co-payments, mortgage, child care expenses, or loss of income. Premiums are very reasonable for this type of coverage.
How is a Critical Illness Plan Different than a Health Plan?
Traditional health insurance reimburses the insured or health provider for services and procedures. A critical illness plan pays directly to YOU in the event you are diagnosed with a covered illness. Critical illness insurance offers features other types of medical plans lack. Most importantly benefits are flexible – instead of going directly to medical providers, you can use them however you choose. You can use a critical illness policy to supplement you disability coverage as well.
Why Buy Critical Illness Coverage?
Because you are worth protecting. Taking steps to insure ourselves is most important for our family. We do it for the ones we love.
We Can Help You and Your Family:
You are worth protecting! Let PFP | The Family Security Plan® help protect you and your family. Our Critical Illness Insurance provides a lump sum cash benefit paid directly to you upon the first diagnosis of a covered critical illness. Upon diagnosis, we send a check directly to you. You can use your cash benefit however you choose. To help with everyday living expenses, pay out-of-pocket medical costs or replace lost income. Your benefit is paid in full regardless of any other insurance you may have.
For more information on critical illness coverage, click here to visit us online or call 855-789-4976 to speak with a dedicated PFP | The Family Security Plan® Representative.
Written by Robin Fox, RHU, CSA