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Publisher Edward L. Mueller
ISBN 9780615505282
Published in Reference, Business & Investing
The Guide to Critical Illness Insurance explains to the consumer HOW TO FINANCIALLY SURVIVE CANCER, Heart Attack, or Stroke with the purchase of critical illness insurance. Many individuals survive the illness, but die financially. This insurance pays a cash benefit directly to the insured when diagnosed with a covered condition (generally cancer, heart attack and stroke, among other conditions). We are more likely to survive a critical illness with the medical advances we enjoy today and this insurance will provide you cash to pay your monthly expenses or unpaid medical bills.
WHY DO I NEED THIS INSURANCE WHEN I ALREADY HAVE THE BEST BENEFITS IN THE WORLD?
You may be saying, “Ed, I have life insurance, disability insurance, mortgage insurance and the best health insurance on the planet. So please tell me: WHY do I need this Cancer, Heart Attack, Stroke plan, also known as critical illness insurance?” My response is this: Follow me through the next few chapters and I will explain how this cancer, heart attack, stroke plan fits in with each of the different types of insurance you mentioned.
Before I take you on that journey, let me give you this teaser. The critical illness plans provide an intangible that we feel very strongly about and that is PEACE OF MIND. When the mind is at peace you are more likely to accept changes, treatments and stresses in a more favorable light. Even without the stress of an illness, you know that life is much better when you are not worrying about where the money is coming from to pay the bills.
Remember, if you are diagnosed with a covered illness the benefit check comes directly to you and you use it as you choose.
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Ed Mueller and Laura Spencer are partners of Life & Health Benefits Solutions LLC and founders of the Critical Illness Support and Awareness Network. They recently authored and published three books on critical illness, one to help educate agents on the types and value of critical illness plans, the second to give solid unbiased information to consumers and the third is directed at helping seniors, Keeping Your Gold in the Golden Years.