⎯ Critical Conditions Coverage
Life is unpredictable, and so are critical medical conditions. When the unexpected strikes and you're faced with a covered critical condition, our Critical Conditions Coverage acts as a shield for your financial well-being. Here's how we provide the support and protection you need when facing these challenging circumstances.
Accessible Critical Conditions Coverage
In the face of life-altering medical conditions, it's disheartening to acknowledge that a significant number of individuals lack the necessary coverage. Conditions like cancer, heart attacks, dementia, alzheimer's and strokes can strike unexpectedly, leaving many grappling with substantial medical expenses and the associated financial strain.
Critical Illness coverage allows people to bridge the gaps and manage the costs related to recovery from major health conditions. A Critical Conditions policy is designed precisely for this purpose, aiming to extend a helping hand when you need it the most.
Filling the Coverage Void
A Critical Conditions policy is tailor-made to address the gaps left by traditional insurance. It ensures that individuals facing major health issues have a safety net to rely on, covering crucial aspects of medical treatment and recovery.
Accessible and Understandable Plans
We prioritize clarity and accessibility. Our insurance plans are thoughtfully outlined and easy to understand, empowering you to make informed decisions. With our transparent policies, you can be confident that you're choosing the right plan for both you and your family.
Peace of Mind for a Brighter Future
Having a Critical Conditions policy in place offers peace of mind, not just for you but for your loved ones too. It provides a financial buffer, allowing you to focus on your recovery and well-being without the constant worry of mounting medical bills.
Enabling a Timely Response
Medical emergencies require prompt action. Our insurance ensures a quick and efficient response, so you can access the necessary care without delay, facilitating a smoother road to recovery.
Determining Your Critical Conditions Coverage
Estimating the precise amount of Critical Conditions Coverage needed for covering out-of-pocket expenses can be challenging, given the unpredictability of health-related emergencies. However, establishing a suitable emergency insurance fund is a crucial step towards securing your financial stability during unexpected health crises.
Starting Point: One-Time Annual Income
A solid starting point to calculate your Critical Conditions insurance coverage is to set up an emergency fund equivalent to one time your annual income. This fund acts as a financial buffer, providing initial coverage for medical expenses, treatments, and adjustments in your daily life during recovery.
Tailoring to Your Needs
While the one-time annual income estimate is a useful starting guide, it's essential to consider your specific circumstances. Factors such as existing health coverage, monthly living expenses, outstanding debts, and potential medical costs should be taken into account to determine the ideal coverage for you and your family.
Consulting with a Financial Advisor
For a more accurate assessment of your Critical Conditions insurance needs, consider consulting a financial advisor. They can help analyze your unique financial situation and health factors, enabling you to make an informed decision about the appropriate level of coverage required.
Regular Reevaluation
As your circumstances change—such as a change in income, family size, or health status—it's crucial to review and adjust your Critical Conditions insurance coverage accordingly. Regular assessments ensure that your policy aligns with your evolving needs and provides adequate protection.
⎯ Coverage you can count on
✔ Benefits Paid Directly To You
Long-term recovery can include many unexpected expenses. Use your benefit to pay them off – or use it however you like. It’s your money.
✔ Guaranteed Renewable
As long as your premiums are paid, your right to renew this Critical Conditions Coverage policy is guaranteed for life or until we pay the full benefit amount.
✔ Lump Sum Payment
Combined Insurance provides a lump sum benefit to you if you are diagnosed with one of the covered conditions.
1. The policy is offered in pre-set amounts of $10,000, $15,000, $25,000, $50,000 or $100,000 and provides coverage for one of the following:
Cancer only coverage – 3 conditions
Critical Illness (other than cancer) coverage – 18 conditions
Cancer and other Critical Illness coverage – 21 conditions
The information provided by this document is only a brief description. See the actual policy for complete details of the policy plans, features, benefits, options, rates, definitions, limitations, and exclusions. Products vary by state and are subject to availability and qualifications.
