Critical Illness Insurance – Something to Consider

Historically, heart attack, cancer, stroke resulted in death. Today, people often survive these health events however, at considerable expense. Health insurance polices often have high deductibles and out of pocket expenses. A critical illness insurance policy will pay you a lump sum benefit to help offset these costs.

Our thoughts around Critical Illness Insurance

• You should look at your employer options first 
• Are the other members of your family covered? 
• Can you afford to pay these expenses yourself?

We usually recommend considering Critical Illness Insurance for 3 scenarios:

• We recommend you have this while you are building your savings 
• We suggest considering locking in a fixed premium for your lifetime
• You should especially consider this coverage if you have a family history of critical illness