When the doctor’s number flashes across the screen of the caller ID after I’ve had blood work or an exam is it time to panic or do I know that I’m going to be OK? On the one hand I am in pretty good health because I’ve taken precautions to eat better and take better care of myself, but there is always that unknown. I also have the peace of mind to know that I have a Critical Illness Policy, just in case.
The news the doctor gives me can be either good or bad, depending on whether the tests are negative or positive, and if they’re positive for some form of catastrophic illness, it can put a strain on me financially. I’m a single person and rely on a limited income to support myself; living paycheck to paycheck just like most other people. If something should happen that I need to take time off from my job for treatment of an illness, I could be left with a financial burden that makes recovery difficult. The reality is although I’m not at risk for a catastrophic illness today, critical illnesses like cancer, heart disease and stroke are the cause of more than two-thirds of the bankruptcies in court today.
What if even a fraction of those people had purchased a Critical Illness Insurance Policy? They would have purchased a policy that pays benefits upon diagnosis, and that would have given them the income they needed to carry them through the recovery period while they were unable to work. They would have been able to pay their mortgage and other bills making their quality of life and recovery much easier. Because of advances in treatments and medical care, people who suffer from catastrophic illness are surviving the illness only to find they are financially ruined by the co-payments and lost wages. Oftentimes people leave the hospital unable to return the their jobs, and the bills add up. A Critical Illness Insurance Policy will give you the peace of mind you need to recover your health while protecting your income.
Contact an AC Financial adviser at 800-564-3136 to make sure you have the right coverage in place to protect your income.
