Interested in discovering facts about Critical Illness? Learn more here.
How can Critical Illness Insurance help me?
Simply put, if you purchase a critical illness plan and get sick with a covered illness like cancer, heart attack or stroke, you will be paid a lump-sum cash benefit that can be used in any way you need it. And, your plan will pay even if you have other forms of insurance.
Because the bills don’t stop when you get sick, the benefits of a Critical Illness plan go far beyond just “money”. They can quite often mean the difference between overwhelming debt and financial stability.
How much Critical Illness Insurance do I need?
The amount of Critical Illness coverage you need will depend on your particular situation. Take a look at your monthly financial output and determine how much money you would need to survive until you or the wage earner could return to work.
A good rule of thumb is for a person, or family, to purchase enough Critical Illness insurance to cover one year of expenses, and possibly six to eight times annual earnings if there is a sizeable mortgage and young dependents involved.3
Watch this video to learn more.
View and download our Critical Illness White Paper
Policy Form Series SLA-CI11 may not be available in all states.
The policy has exclusions and limitations. Benefits may vary by state.
This product is not available in AL, CA, CO, CT, DC, FL, GA, MA, MD, ME, MN, NH, NJ, NY, OR, SD, VA, VT
3“Study Reveals Risk of Having a Critical Illness Before Age 65.” www.criticalillnessinsuranceinfo.org. 2011 Critical Illness
Insurance Buyer Study. American Association for Critical Illness Insurance and Gen Re. n.d. Web. Oct. 2011.