Critical Illness Insurance Gives Immediate Cash Payment Upon Diagnosis

With health insurance, unfortunately, sometimes costing more but delivering less nowadays depending upon the level of medical coverage that someone can afford, many people are encountering a growing financial burden for which they are responsible. Thus, the demand for supplemental health insurance products is increasing; and Critical Illness insurance plans are one such effective extra insurance coverage offering. Click here for CRITICAL ILLNESS INSURANCE quote.

Supplemental Insurance Invented by a Doctor, Not the Insurance Industry

Critical Illness insurance coverage was invented by world-renowned heart surgeon Dr. Marius Barnard, who observed first-hand the detrimental financial impact and resulting streses that his patients experienced during and following their medical treatments: Too many of them were jeopardizing successful recovery due to forcing themselves back to work too soon just to pay the medical bills. Dr. Barnard felt this was wrong and unwise; and that there should be an medical insurance product that could provide recovering and recuperating patients with cash payment upon a major illness being diagnosed. His observations and empathetic concerns eventually, thankfully, birthed modern Critical Illness insurance; a Limited Benefit Policy that, NOTE THIS, is neither a comprehensive major medical plan nor a Medicare supplement policy.

Focus on Recovery from Critical Illness & Worry Less About Medical Bills

Critical Illness insurance is about reducing the emotional and financial stress associated with the diagnosis of and recovery from a critical illness; helping individuals and/or families narrow or perhaps eliminate such a widening financial gap, and instead focus on getting well rather than constantly fretting about how to pay the critical medical care bills.

Critical Illness Insurance Is Less Complex Than You Think

If, God forbid, you were to be diagnosed with a covered illness such as cancer, heart attack, stroke or Alzheimer’s Disease, then Critical Illness insurance typically pays out a lump sum; though some policies may instead pay out a monthly cash benefit. You/the policy holder would have complete discretion as to how to spend the money; such as using it to pay for out-of-network medical costs, experimental treatments or even your mortgage, etc.. It can be for anything you decide. No bills or receipts are required and no strings attached.

To learn more details about Critical Illness insurance, then please contact Florida's Bob Morgan Insurance for a free consultation; including the importance of adequate health care planning and how Critical Illness insurance can play a vital role in your own personal healthcare and financial well-being and emotional health strategies.