Critical Illness Insurance Broker for Financial Security

Having a critical illness insurance broker is a crucial step in securing your financial future.

Critical illness insurance can provide a lump sum payment to help cover medical expenses and other costs associated with a serious illness.

This type of insurance can be tailored to fit your specific needs and budget, with coverage options available for a range of serious illnesses.

A reputable broker can help you navigate the process of selecting the right policy for your situation.

Disability insurance can provide financial security if you're unable to work due to an injury or illness.

A disability or critical illness policy can offer extensive coverage, providing peace of mind if you're no longer able to work.

Critical illness insurance can help cover out-of-pocket expenses that add up while an employee is experiencing a serious illness.

With critical illness insurance, your employees can focus on getting better, rather than worrying about medical bills.

Disability insurance can provide financial security and peace of mind, especially if your job poses a risk of injury.

If you don't have enough savings to cover a period of income loss, disability insurance might be a great fit for you.

Having a disability policy can offer extensive coverage, providing financial security in case you're no longer able to work due to an injury or illness.

You can choose the policy and terms that best fit your needs with the help of a trusted agent.

Disability insurance can help cover out-of-pocket expenses, allowing you to focus on recovery rather than medical bills.

Having insurance coverage can provide a sense of security and financial stability, especially during unexpected events like a serious illness. Critical illness insurance can help you be financially prepared for a major illness, reducing the financial impact on you and your loved ones.

Financial coverage is a crucial aspect of protecting your income and financial well-being, especially when facing a serious illness. Critical illness insurance can help cover out-of-pocket, everyday expenses that add up while you're experiencing a serious illness, as seen in the case of Cigna Healthcare's Critical Illness insurance.

A lump sum payout can provide financial security and peace of mind, allowing you to focus on recovery. With Quility, you can choose a policy that best fits your needs in just a few simple steps.

According to a 2019 study from The Manufacturers Life Insurance Company, the average benefit paid for a critical illness claim was $200,000, as shown in the examples of claims paid:

The top 3 critical illness claims are for Cancer (67%), Heart Attack (13%), and Stroke (4%), as shown in a 2019 study.

Critical illness insurance policies can provide financial protection in the event of a serious medical condition.

Most policies cover a range of conditions, including aortic surgery, aplastic anemia, and bacterial meningitis.

Some policies also cover more common conditions, such as heart attack, stroke, and cancer.

A critical illness policy typically covers the following conditions:

With a disability or critical illness policy, you can enjoy financial security and peace of mind, knowing you're protected in case of an injury or illness.

Quility offers a wide range of policies, allowing you to choose the one that best fits your needs in just a few simple steps. Their trusted agents are available to provide support every step of the way.

You can get coverage for yourself and your family members, regardless of your health, thanks to guaranteed coverage options available.

With critical illness insurance, you can begin using services immediately after coverage begins, with no waiting period. This means you can get the help you need right away.

Some policies, like those from MetLife, also offer the ability to take your coverage with you if you change jobs or retire. This provides continuity and peace of mind.

Here are some typical conditions covered under most critical illness insurance policies:

Cancer is the leading cause of critical illness claims, making up a staggering 67% of all claims in a 2019 study.

Having a family history of cancer or other serious illnesses can be a major concern for many people.

Heart attack and stroke are also significant contributors to critical illness claims, with heart attack accounting for 13% and stroke for 4% of all claims in the same study.

Understanding the likelihood of certain conditions can help you make informed decisions about your coverage.

Here's a breakdown of the top 3 critical illness claims based on the 2019 study:

Major illnesses are not something any of us want to think about regularly, but preparing yourself and your family for the unfortunate instance one shows up is something our brokers can help you work through.

We've all likely been close to someone who has been diagnosed with a life-threatening illness. Did they have insurance coverage to help themselves and/or their family cope with the illness, replace their lost income or pay their medical bills? Many of us have heard of fundraising campaigns for individuals and families affected by major illnesses.

Critical illness insurance can help alleviate that extra burden put on you and your family after someone is diagnosed. It's simple: it provides a lump sum payout to an individual who is diagnosed with a listed major illness.

You should consider adding this plan to your insurance coverage lineup if you have a personal or family history of serious illness or a medical condition such as cancer, heart attack, or stroke. This is because critical illness insurance can help you be financially prepared for a major illness.

Critical illness insurance can offer employees financial coverage while they focus on their health. This is especially important if you need dependent coverage for your spouse or children.

Here are some reasons to consider adding critical illness insurance to your coverage lineup:

You can add riders to your critical illness insurance policy to increase your coverage as your salary grows. This is a great way to ensure you have enough financial protection in place, no matter how your career progresses.

There are four main types of critical illness policies to choose from: 10-year term, 20-year term, Term-75, and Permanent. Each type has its own unique features, such as fixed premiums for a set period of time.

Here's a brief overview of each type:

There are typically four different types of critical illness policies available across most insurers.

The 10-year term policy is one option, where the premium stays the same for 10 years, after which the policy renews and the price increases, regardless of the individual's insurability.

The 20-year term policy is another option, where the premium stays the same for 20 years, after which the policy renews and the price increases.

A Term-75 policy is also available, where the premium stays the same for the duration of the policy, which ends at age 75.

Permanent critical illness insurance policies vary more across different insurers, but often have a basic idea behind them: the premium stays the same until the insured reaches age 100, with some options to pay for 15 years and then stop paying premiums.

Here are the different types of policies in a quick reference table:

You can add riders that allow your coverage to grow as your salary increases. This means that if you get a raise, your coverage will automatically adjust to keep up with your new income.

With Critical Illness Insurance, you can secure coverage at an affordable price. You can take it with you when you change career paths or retire, providing financial security and peace of mind.

You can get a coverage amount of your choice, so you can tailor your plan to fit your specific needs.

You can start using your Critical Illness insurance coverage immediately after it begins, thanks to no waiting period for services. This means you can get the help you need as soon as possible.

Even with medical insurance, a serious illness can be expensive. Plan deductibles, copays, and out-of-network costs can add up fast, not to mention costs outside of medical needs, like your mortgage, childcare expenses, transportation and more.

Critical Illness insurance coverage can help with costs while you recover. This supplemental plan from MetLife offers a simple and quick enrollment process that only takes a few minutes and with no health questions.

Here are some key features of Critical Illness insurance coverage:

This coverage can help you focus on getting better, and worry less about medical bills. By supplementing your medical plan, you can get the financial support you need during a difficult time.

Critical illness insurance can be a lifesaver for many people, but who may be affected by a serious illness?

Individuals with a family history of cancer or heart disease may be more likely to develop a critical illness.

Working professionals with high-stress jobs may be more susceptible to conditions like heart disease.

People with a history of smoking or substance abuse may be at higher risk for certain critical illnesses.

Those with a history of obesity or other chronic health conditions may be more likely to develop a critical illness.

If you're a young adult, you may think you're invincible, but the reality is that critical illnesses can strike at any age.