Many people select an individual critical illness insurance policy to lessen or eliminate the financial stress resulting from a major illness. The policy pays a one-time lump sum benefit for a covered illness, with benefit amounts ranging from $5,000 to $500,000.
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What does Critical Illness Insurance cover?
Kidney (renal) failure
Coronary artery bypass surgery
Advanced Alzheimer's disease
Major organ transplant
Having a critical illness policy not only benefits the ill, but it also helps the family members as well. It can provide much-needed funds to pay the doctors and the hospital, and it can give money to keep your financial affairs in order as you mend.
The process for buying individual coverage begins just like any other type of insurance today: getting a personalized critical illness insurance quote online.
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Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Comprehensive Benefits of America, LLC are not affiliated.
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