There When Your Family Needs it most
There When Your Family Needs it mostflexa plus kapsule
Traditional health insurance just isn’t enough. Many Americans have learned this lesson the hard way, as bankruptcy courts are full of people who had health insurance coverage. Unfortunately, traditional health insurance doesn’t cover all medical expenses. And it definitely doesn’t help with your living expenses and bills you incur while you’re in the hospital or receiving treatment (and are unable to work).fatkiller
Critical illness insurance policies are a perfect complement to health insurance, because it provides individuals and their families with financial assistance just when you need it most. Critical illness insurance doesn’t cover minor accidents and injuries. A broken arm or coming down with the flu will not trigger most critical illness insurance policies.
Instead, critical illness insurance covers serious medical conditions… the one that may force you to suspend or lose your job—and your income. If you intend to purchase critical illness insurance coverage, you have to conduct your own research and try to find which companies would give you the best deal in terms of payment, premiums and coverage.
Below are some conditions which could be covered by critical illness insurance:
- Heart attack
- Organ transplant
- Kidney failure
- HIV (This would usually only cover the payment for medical personnel)
- Alzheimer’s disease
- Coronary artery bypass graft
- Heart valve surgery
- Multiple sclerosis
- Aortic surgery
- Severe burns
There are different ways for you to pay your critical care insurance. You may choose whichever method suits your financial abilities, and even your lifestyle.
- You may select critical care insurance as an individual insurance policy.
- You may also get critical care insurance as a rider of your company’s insurance. You may choose to pay it through salary deduction and other ways which are available to you.
- You may also get your critical care insurance as a supplementary coverage to your health or life insurance policy.
It is best that you are able to compute your insurance needs against your ability to pay for it. Also, make sure that you conduct your research about which illnesses you may develop in the future. This way, you can check against an insurance company’s list whether or not your possible illness would be covered by their insurance.
With the right choices and a better way of paying for your critical care insurance, you would be able to protect yourself from financial burdens if and when you have to deal with illness in the future.
Important: Get a policy separate from your health insurance rather than a rider to your existing health insurance for too many reasons.
If you lose your coverage or something happens later and your ineligible you’ll never be able to qualify again. Also premiums may increase for critical illness as you see your health insurance costs rising regularly. Separate policies are typically designed so that rates will NOT increase. Also if a major medical policy can decline a claim it may be later than sooner for your to get critical lump sum payment rather than an outside plan. Finally, if you move health insurance policies and move to another you may not qualify to get the CI coverage later and if you do it will be at a higher cost due to your age now higher. Get some coverage right away you can always increase later if need be, but if Murphy’s law takes effect it may be too late. (Biggest downfall is procrastination)
Finding the right insurance plans to help your family handle medical emergencies and prepare for the future can be difficult and confusing. The good news is that you’re not alone. At People''s National Health, we can help you explore your best options and tailor a plan to meet your needs. Call us now at