Critical Illness Insurance will ‘fill the coverage gap’ between other forms of coverage by providing a lump sum benefit that is payable when you are faced with a real financial need brought on by an illness. While you may have disability, medical and life insurance; these plans don’t always provide enough coverage to cover the expensive cost of associated with many of the critical conditions covered under these policies.
Why is Critical Illness Insurance Important?
- Disability insurance only partially replaces your income to cover everyday expenses.
- Medical coverage reimburses only covered medical expenses
- Life insurance typically provides a benefit to your beneficiaries upon your death.
Critical illness insurance provides a benefit pay out to you if you are diagnosed with and survive a covered condition. It provides you with protection when it’s critical. With Critical illness coverage you will receive a lump sum benefit from $100,000 to $2,000,000 after being diagnosed with one of the covered conditions making sure you are protected when it is most critical.
Covered Illness under the policy are:
| Heart Attack | Cancer | Stroke | Blindness | Aortic Surgery | Alzheimer’s Disease |
| Coma | Kidney Failure | Deafness | Heart Valve | Replacement | Coronary Artery Bypass Surgery |
| Loss of Limbs | Loss of Speech | Transplant | Paralysis | Major Organ | Parkinson’s Disease |
| Multiple Sclerosis | …and many others. |
If there are no diagnosis made during lifetime of the policy you can receive all your premiums back and be insured for free!!!
People at Globe Insurance are working for you!
