Understanding Critical Illness Insurance

Critical Illness Insurance provides cash benefits if you are diagnosed with one of many critical illnesses covered by the policy. It is usually offered as a rider on your existing Life and/or Disability policy, and can pay up to 50% of your premiums for the duration of the coverage term.

For example, if you have $100 per month in Life Insurance coverage, the critical illness rider will provide up to $50 per month for six months if you are diagnosed with a covered critical illness.

Critical illnesses most frequently covered by policies like this include heart attack, stroke, and cancer. Less frequently covered conditions may include Alzheimer’s disease, Parkinson’s disease, paralysis, organ transplant failure, diabetes requiring hospitalization, quadriplegia, or multiple sclerosis.

Find Out More

Like health insurance, setting up a critical illness insurance policy can be a complicated and highly personal undertaking. Our team can help you through the entire process, from selecting your policy options to understanding your coverage requirements to signing on the dotted line. If you’re concerned about critical illness affecting you or someone you live, click the button below and let’s start setting up some protection.