There’s no way to know what the future may hold. As such, the right insurance can be a big asset for you, both today and down the road. While not as popular as traditional forms of coverage, critical illness protection can be the saving grace your family needs in times of trouble.
Critical Illness Coverage
Even the best planning in the world can’t prevent critical illnesses. If you are the breadwinner in your family and are diagnosed with a life-changing illness, there may be no way to recoup losses and cover steep medical debts.
Critical illness coverage is designed to mitigate these risks, providing coverage in case of hardship due to serious medical conditions. The most common coverages are the three primary life-altering occurrences: cancer, heart attack, and stroke. However, plans can often be altered to include other illnesses, like:
- Heart surgeries and transplant
- Renal failure
- Amyotrophic lateral sclerosis
- Multiple sclerosis
- Major organ transplant
Critical Illness Benefits
No one anticipates critical illnesses to strike, but sadly, a majority of the population will experience cancer, heart attacks, or strokes at some point in life. Heart disease contributes to one in four deaths in the United States, while nearly half of adults will receive a cancer diagnosis. Additionally, close to one million Americans will suffer from a stroke. With the growing presence of these diseases, protection can often be the difference between financial solvency and hard times.
A critical illness policy, however, can mitigate these risks, providing a lump sum payment should you be diagnosed with of the included conditions. Valuable in paying medical bills and supporting your family while out of work, this form of insurance can make a world of difference should something unthinkable come to pass.
Design Your Perfect Policy
When you want to protect your family and your health, a critical illness insurance policy from The Jordan Insurance Agency can be an excellent starting point. Our knowledgeable agents can help you design a policy based on your needs, including term and whole life options, guaranteeing a customized safety net should illness strike later in life. Additionally, we can also provide plan variations and riders designed to save you money and provide additional protection.
Return of Premium Rider: if your policy reaches expiration and was not used, you can recoup your premiums
Disability Rider: should you become disabled, your coverage will continue paying premiums on your behalf
Accidental Death Rider: should you die unexpectedly, your beneficiary will be granted a payment
Spouse and Children Riders: include your spouse or children on your policy
When you’re ready to take a step forward in protecting your family, our team is standing by. Call today at 704-926-7565 or get a free quote online!