Getting Cancer or Critical Illness Insurance is Imperative to Feeling Safe
Cancer or Critical Illness Definition
Critical illness insurance covers specific major illnesses upon diagnoses, such as heart attack, cancer stroke, kidney failure, paralysis, blindness, major burns, and many more illnesses. Upon being diagnosed, the insurance company will simply cut you a check for a certain dollar amount based off of your policy, which can be used to cover any expenses you have when you go through treatment and recovery.
Getting a critical illness is expensive. You have a lot of medical bills, doctor visits, checkups, medications, etc. that rack up over time. Luckily you have quality health insurance to cover all of the hospital costs associated with a major illness like that.
It’s a Big Deal!
Getting cancer or a critical illness is a big deal. Hopefully you have good insurance which will cover the cost of treatments… but is that the only cost of having a major illness? NOPE! Most people don’t think about the other costs of having a critical illness. A major illness will wreck your life in ways that you can’t even think of right now, I promise you! Reason I know this is I have a critical illness – kidney disease! I had to change my career because the work I was doing was causing me to be too exhausted, and missing out on some of my treatments, etc. That loss of income was a whammy for my pocketbook.
Other examples of ways you acquire additional expenses are as follows:
You can only find treatment for your specific illness in a different city that’s hundreds if not thousands of miles away. What do you do? You’ll have to travel there, and usually they’ll want to keep you there for a while for observation sometimes. The immediate costs of something like this may be rental cars, gasoline & travel costs, hotel costs, food, and probably many more. Those expenses aren’t going to be reimbursed by the insurance company! Those are real costs out of your own pocket!
LOSS OF INCOME:
They’re called CRITICAL illnesses for a reason… because they’re SERIOUS! Which means life-threatening. Usually, with life threatening illnesses, they like to run a lot of tests and observe you for a while sometimes… and that means lots and lots of trips to the doctor’s office. sometimes multiple doctors! I know from my personal experience, I have had kidney disease for years now, and I still take time off work at least twice in a month to visit the doctor… and that’s typically 3-4 hours out of my day each time! That’s not including random visits, and those times when the nurse didn’t take enough blood to sample and asks me to take off work and come back up the following day for a surprise visit…! The bottom line is, you’ll need to have a flexible boss or employment schedule, and be allowed to leave work to go get treatment. This limits the amount of income you can make if you’re always at the doctor, right? Also, some people have to quit their jobs and find different ones because of their situation.
The Bottom Line
Bottom line is, you just DON’T KNOW what’s going to happen to you, so why not be prepared?! This is exactly what critical illness insurance is for… for the unexpected! Yes it increases your monthly costs, but wouldn’t you rather have the coverage than be stuck going bankrupt because you’re sick and can’t pay your mortgage or rent payment?! Think about it. I wish I had had this insurance when I was diagnosed with Kidney Disease… it would have made my life a heck of a lot better!
So, don’t waste any more time. Don’t put it off another year. Because just your luck… you don’t do it after reading this article, and then sometime happens! I feel like that happens to us more than we realize…! Call me today and let’s discuss if getting critical illness insurance is right for you. My phone is always on, and ready to help you and your family.
Nick “The Health Insurance Guy” Ferrin