Thanks to medical advances, more and more Americans are surviving major medical illnesses such as cancer, strokes, heart attacks, and kidney failure. Despite this good news, there are often financial consequences that accompany these illnesses that can threaten a person's emotional health and entire life savings.
Critical Illness Insurance is designed to help families ease the financial pressure of critical illness by providing a lump sum cash benefit paid directly to the employee upon the diagnosis of a covered illness. Employees may receive benefits for illness due to Heart Attack, Stroke, Cancer, Renal (Kidney) Failure, and ALS (Lou Gehrig's Disease).
Employees can use these lump sum benefits any way they wish, including:
- Help families ease financial pressure of critical illnesses
- Lump sum benefit paid directly to employee
- Benefits can be received for illness due to:
- Heart Attack
- Stroke
- Cancer
- Renal Failure
- ALS
Cash can be used for:
- Non-Medical expenses
- Treatments not covered by traditional medical insurance
- Extended convalescence
- Altering home or auto for special needs
- Mortgage payments
- Childcare
- Or any other bills they may have