The out-of-pocket medical costs associated with a critical illness such as heart attack, stroke or cancer can run into the thousands of dollars. A time of reduced income due to being a patient or caregiver can present a financial challenge – and your expenses don’t stop there. You may also incur incidental costs for gas, parking, meals out, child care and other items as it relates to a period of hospitalization and rehabilitation.
That’s where Critical Illness Insurance can help. The lump sum payment provided by the plan when you experience a covered critical illness is yours to spend as you see fit.