A friend of mine has a good friend who has skyrocketing healthcare costs because of a catastrophic illness. She’s hosting fundraising events to help her out, but even those will only help so much. In the end, her friend will be left with tens of thousands of dollars in bills to be paid. The sad reality is, even with health insurance under the new healthcare reform law, the costs of healthcare are still spinning out of control.
There is a solution though, that many people don’t know about or consider – Critical Illness Health Insurance. It is a policy that helps cover those costs associated with a critical illness like cancer, heart attack, stroke or other major illnesses that can devastate a family’s finances.
Most people don’t plan on getting sick with cancer or having a heart attack or stroke, when you think about it, how many people do you know who do, and survive. When I heard my friend asking people to come to her fundraiser, she was just another in a long line of people I knew, who knew someone. Her friend’s health insurance benefits had such a high deductible that it didn’t cover much of the treatment she needed. If she survives her illness she will be left paying the bill for years to come because she doesn’t have a critical illness health policy.
When you purchase a critical illness policy, you receive the peace of mind of knowing that should you be stricken with a covered illness, you will receive payment on diagnosis. A critical illness health insurance policy allows you to pay your co-pays and deductibles, meet your personal expenses and take care of your personal needs. You have the freedom choose how to spend the money you receive, whether it is to pay for out-of-pocket treatment costs or to take a trip you’ve been planning for your whole life. The best part is that you protect your retirement income and your home.
Call today to talk to an AC Financial Adviser at 800-564-3136 about Critical Illness Health Insurance.