Critical Illness Insurance:
Critical illness insurance is a medical insurance plan that pays a lump-sum benefit upon diagnosis of a covered critical illness or condition. For example, the diagnoses of cancer, having a heart attack or renal failure, are just a few of the things that could bring your ability to earn an income to a grinding halt. A critical illness insurance payout would help you avoid the financial strain a major illness can create so you can focus on your recovery. Medical bills, loss of time from work, your mortgage and other household expenses may be just a few of the monthly costs that would being to mount if your paycheck stopped coming in due to being diagnosed with a critical illness.
Because our critical illness insurance pays you a cash benefit upon diagnosis of a covered critical illness or condition, you choose how to spend it:
- Make payments on your mortgage
- Pay medical bills
- Hire help for around the house
- Take a family vacation
- Pre-pay your final expenses
Why are Critical Illness and Disability Insurance plans so important?
According to the US Department of Housing and Urban Development, almost half of all foreclosures are caused by a disabling illness or injury. In addition to that, according to the Social Security Administration, Studies show that a 40-year-old worker has a 3-in-10 chance of becoming disabled before reaching retirement age.
Don’t become a statistic. With a disability insurance plan, you can rest easy knowing that your home is safe for your family, and your bills are paid, regardless of your health. Should a disabling injury or critical illness ever occur, having an affordable disability plan would allow you to focus on recovery instead of worrying about how to pay the bills.
Contact Mark S. Gardner today at 214-762-2327 or email him at MarkGardner@RetireWellDallas.com to further discuss your personal issues and needs today so that he can go over all of your options and set you up with the best plan for your needs and budget. Your ability to earn an income is your biggest asset. Protecting that asset is the logical choice to make.
Contact Mark S. Gardner