Critical Illness

A serious diagnosis changes everything. With critical illness coverage, you’ll have a financial cushion to help with medical bills, living expenses, or anything else you need during recovery.

Critical Illness

A serious diagnosis changes everything. With critical illness coverage, you’ll have a financial cushion to help with medical bills, living expenses, or anything else you need during recovery.

Critical Illness

A serious diagnosis changes everything. With critical illness coverage, you’ll have a financial cushion to help with medical bills, living expenses, or anything else you need during recovery.

While Medicare provides robust coverage for many medical needs, it often doesn’t offer the financial protection needed when facing a serious diagnosis. That’s where Critical Illness Insurance comes in. This supplemental coverage offers a lump-sum payment upon diagnosis of a covered condition—such as cancer, heart attack, or stroke—giving you added financial flexibility during a difficult time.

These funds can be used however you choose: covering out-of-pocket medical bills, travel for treatment, household expenses, or even replacing lost income. The goal is simple—helping you stay focused on recovery, not bills.

Commonly Covered Conditions:



• Heart attack
• Stroke
• Cancer
• Major organ transplant
• End-stage kidney failure

Choosing the Right Critical Illness Policy

Selecting the right plan depends on your unique health risks, financial goals, and personal preferences. Here are some tips to guide your decision:

• Understand What’s Covered: Review the list of qualifying conditions. Some plans offer broader coverage, while others focus on specific illnesses.

• Know the Waiting Periods: Many policies have a waiting period between enrollment and when coverage begins. Make sure you're aware of the details.

• Compare Payout Amounts: Consider how much you may need to cover both medical and non-medical expenses. Choose a benefit level that aligns with your risk tolerance and budget.
  

Why Consider Critical Illness Coverage?

As we age, the likelihood of developing a serious illness increases. While Medicare covers treatment, it doesn’t always cover all the costs associated with a critical diagnosis—including experimental therapies, travel to specialists, or home modifications.

Key Benefits:

• Lump-sum payment upon diagnosis of a qualifying condition
• Freedom to use the funds however needed
• No restrictions on provider or hospital choice
• Peace of mind for you and your family
  

When Should You Get Critical Illness Insurance?

The best time to purchase critical illness insurance is before a diagnosis, when you're still in good health. Many people choose to enroll during retirement planning or when reviewing Medicare options.



Coverage can often be added year-round, but some plans may have age restrictions or require medical underwriting. An insurance advisor can help you determine the right timing based on your current health and financial situation.