Cash When a Health Crisis Hits
A cancer diagnosis, heart attack, or stroke changes everything. While you focus on recovery, critical illness insurance provides a lump-sum cash payment — typically $10,000 to $50,000+ — that you can use for anything.
Covered Conditions
- Cancer: Most invasive cancers are covered, with some plans offering higher payouts for specific types
- Heart Attack: Coverage for myocardial infarction (heart attack) with documented medical evidence
- Stroke: Coverage for cerebrovascular accident (stroke) with neurological deficit lasting 24+ hours
- Additional conditions may include: coronary artery bypass, kidney failure, major organ transplant, paralysis, and more
How Critical Illness Insurance Works
- Choose your benefit amount: Pick a lump-sum amount that fits your needs, typically $10,000 to $100,000
- One-time payment: Upon first diagnosis of a covered condition, you receive the full benefit in cash
- Use it for anything: Treatment costs, travel to specialists, lost wages, home modifications, or everyday bills
- No network restrictions: Choose any doctor, hospital, or treatment center
- Coverage for all ages: Available for adults of all ages, with rates based on age and health
Why You Need Critical Illness Insurance
- Health insurance has gaps: Deductibles, copays, and out-of-network costs add up fast
- Loss of income: Recovery can take months. Critical illness cash replaces lost wages
- Travel and lodging: Specialized treatment may require traveling to another city
- Experimental treatments: Some cutting-edge treatments aren't covered by health insurance
- Peace of mind: One less financial worry during a difficult time
Frequently Asked Questions
Can I get coverage if I have a family history of cancer?
Yes. Family history alone doesn't disqualify you. Some plans have guaranteed issue options with no health questions.
Do I need both critical illness and health insurance?
Yes. Health insurance pays hospitals and doctors. Critical illness pays you cash directly. They work together for complete protection.
What's the difference between critical illness and hospital indemnity?
Critical illness pays one lump sum upon diagnosis of a specific condition. Hospital indemnity pays daily cash for each day you're hospitalized, regardless of the reason.
