Sunday 22 July 2012

Save On Health Premiums With a Critical Illness plan

Thinking about getting a higher deductible plan to save dollars on your premium is a good decision in my opinion. Clients always choose a higher deductible because the premium is much lower. Every time a client requests a higher deductible I ALWAYS present a Critical illness plan or rider to go along with it.                            

It CAN'T happen to me 
If you are healthy or not when a critical illness knocks at your door it does not matter who you are. Did you ever hear of Steve Jobs, Patrick Swayze, or even superman himself Christoper Reeves all suffered with a critical illness and all the money in the world could not help them.


What is Critical Illness?
A critical illness rider or stand alone plan is a lump sum payment while your living to YOU for a critical illness like heart attack, stroke, cancer, and many more depending on the plan details and state.Life insurance is good, however life insurance only pays out when you die.Critical  Illness pays you while you are alive to get thru your sickness.

Why Is this Important?
Harvard Medical School and Harvard Law School did a joint study that revealed that 50% of all U.S. bankruptcies are caused by critical illness . That because it is tough now to get in 2012 to get a loan with good credit and a good job. Imagine applying for a loan in your hospital bed jobless. Chances are unlikely that you will get the funds to pay your daily living expenses. You will probably not get the treatment you need because of expense. You may also exhaust your savings if you have any or 401K. A critical illness plan starts at just $20 per month and you can get up to $250,000 in coverage.
Your Policy Online Local Insurance Agent can help you with a customized quote..

Contact  A Policy Online Agent Today to find Out more

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