Critical Illness Insurance Resources

Critical Illness Insurance Resources

The following are key resources.

The American Association for Critical Illness Insurance new (and main) website.

What is critical illness insurance?

Compare critical illness insurance.

Critical Illness Insurance Pays A Lump Sum Cash Benefit When You Are Diagnosed With A Critical Illness

There are four very important facts every American between 35 and 60 needs to think about.

FACT:  Every 30 seconds someone in America will hear the words, ‘you have cancer’ (1).  Every 40 seconds another American will have a heart attack.  And, every 40 seconds another American will have a stroke. (2).  The vast majority will survive.

FACT:  What won’t survive is their savings.  Each year around 750,000 Americans file for bankruptcy.  Two-thirds (66.5%) of people who file for bankruptcy cite medical issues as a key contributor to their financial downfall.  (3).  Amazingly, most of these people have health insurance.

FACT:  Only 40% of Americans have enough saved to cover a $1,000 emergency expense. (4)  Few are prepared for medical expenses not covered by insurance or the loss of income because they need time off from work to deal with a medical matter.

FACT:  There is a highly affordable form of insurance coverage that can pay you a lump sum of cash (typically between $10,000 and $25,000) when you are diagnosed with a qualifying critical illness.

Critical Illness Insurance (ci) pays a tax-free cash payment should a policyholder suffer from certain specific critical condition.  The payment can be used to pay for uncovered medical expenses, your mortgage or rent, your cable bill, your health insurance, basically anything you want.  It’s your cash.

Some 6 million Americans now have critical illness insurance protection purchased on an individual basis or through a plan offered by their employer. (5)

The American Association for Critical Illness Insurance was established in 2009 to educate consumers about the importance of this valuable protection and to support insurance professionals who market ci insurance.

Additional Resources:

Get best long-term care insurance costs from LTC specialists. Visit the American Association for Long-Term Care Insurance website.

Use the American Association for Medicare Supplement‘s 100% free, 100% private Find A Medicare Agent Near Me online directory.

Find Overseas Adventure Travel discount codes offered by Jesse Slome, American Association’s director.