Critical Illness Insurance for those with Health Insurance
Do You Really Need Critical Illness Insurance Protection
If You Already Pay For Health Insurance?
What you don't know about health insurance will (really) cost you!
If you read only one page on this website, I really hope this is the one.A message from Jesse Slome
American Association for Critical Illness Insurance
I really never thought about this until I began asking health experts why people needed to consider critical illness insurance.
This single fact stopped me cold. When you have a critical illness you are required to continue paying for your health insurance while you undergo treatment and recover. Call your health insurance company and ask!
It could take 6 months, 12 months or longer to recover from a heart attack or cancer. During this time you won't be working and receiving a paycheck or earning a living. If you pay $300 a month for health insurance, you'll have to come up with $3,600. You have no choice - you can't drop your insurance.
How much of your health care is NOT covered by your health insurance? Your health insurance plan has a deductible. Is yours $1,000, $2,500 or $5,000 (each year by the way)? There are co-pays for services and drugs. Have a serious illness and you are going to be taking drugs. They won't be cheap and you'll gladly pay for them.
You could easily be facing anywhere from $5,000 to $10,000 if you have a critical illness. The cost of surviving a critical illness is steep. That's why almost 2/3 of U.S. bankruptcies are the result of health issues. And, 80% of these people have health insurance.
PLUS You'll have to pay your mortgage, your electric and phone bill, your car and car insurance (even if you aren't driving). You get the point.
So, this is a reason you really need to consider critical illness insurance. In fact, I suspect that you are far more likely to need CI protection than life insurance.
A Way To Decide How Much Critical Illness Insurance You Should Consider
This suggstion was shared by Ken Smith, Director of Health Insurance at Assurity Life Insurance Company, and it makes a whole lot of sense.
Take your monthly mortgage payment. Multiply it by 24 (2 years) and add $5,000 to cover health insurance premiums and uncovered expenses.
2 YEARS OF NOT HAVING TO WORRY ABOUT YOUR MORTGAGE!
THAT'S HOW MUCH CRITICAL ILLNESS INSURANCE YOU SHOULD LOOK AT Imagine the peace of mind knowing that your mortgage will be covered for two years while you focus on recovering. If you choose to add more, that's fine. But 2 years worth makes a whole lot of sense.
See The Cost For 2 Years Of No Mortgage Worries
Use our easy Cost Comparison Table to see an estimate of what critical illness insurance protection costs Click here to see our Critical Illness Insurance Cost Comparison Tables .
Want A No Obligation Critical Illness Insurance Quote ?
If you are ready to find out whether you can health qualify for critical illness insurance and to see what coverage costs start the process. Click here to complete our simple online questionnaire and be connected with an expert in your area there is never any obligation and the information is free.