ACCIDENT & CRITICAL ILLNESS
Accident & Critical Illness
As we know from the national TV commercials, accidents happen every day. They don’t have any age, gender or education limitations. And most major medical policies have deductibles or co-pays that must be met when seeking medical attention. Accident policies can reduce the out-of-pocket financial exposure due to the soccer injury; the DIY gone wrong; or your two-left feet; just to name a few…
Studies suggest that 1 in 2 U.S. women and 1 in 3 U.S. men will develop cancer in their lifetime.* Treating cancer comes with many indirect costs. For example: lost wages; travel and lodging cost for treatments, cost of experimental treatments (typically not covered by traditional insurance or Medicare); or just that bucket-list trip.
Critical Illness insurance is a type of coverage that generally protects the insured for a specific named risk. This coverage can be obtained through a stand-alone policy or as a rider to other types of insurance. Some critical illness policies may also be offered in combination with other specific named risks such as heart attack and stroke.
Give us a call if you are interested in learning more about these types of policies.