Cancer and cardiovascular disease are among the top 5 causes of new and existing long-term disability claims.
Critical illness supplements enrollees’ primary health plans by aiding with the costs incurred: travel/lodging, hospital stays, time off work, ambulance rides, prescription medicine, etc.
Critical illness insurance can help provide financial relief to those unexpected medical events.
If you have a family history of breast cancer, heart disease, or other critical illness you may be at a higher risk of developing these conditions yourself. Many people with a higher risk of developing a critical illness purchase critical illness coverage.
These plans can be employer or employee paid.