Cancer & Critical Illness Insurance

Cancer & Critical Illness Insurance

The costs associated with cancer are notoriously high, and not all of them are covered in basic medical health insurance. A Cancer Policy is an additional insurance option designed to provide financial support should you be diagnosed with cancer. Cancer Policies can vary widely in the types of payouts they make and services they cover. Fortunately, at ePlatinumHealth, our independent agents will be able to find a plan that satisfies your preferences. Cancer Policy plans are subject to eligibility, so those with preexisting conditions may not be eligible for coverage.

Does It Make Sense for Me?

It is estimated that in 2020 there were over 1,600,000 new cancer diagnoses

1. The lifetime risk of developing cancer is 38.5% in men and women

2. Cancer is hugely stressful and treatment may be long, involved, and unpleasant. It will also certainly keep you out of work for some time, and unfortunately many employers do not offer short-term disability.

A Cancer Policy can help immensely so that a time of great personal stress need not be a time of financial stress, too. A Cancer Policy will help protect your assets should you be diagnosed, and may even help cover bills, transportation, and other services. If you have a family history of cancer it is an especially good idea to invest in a Cancer Policy as studies show the likelihood of diagnosis is higher for those with cancer in their immediate family.

Trust Us To Cover You

Cancer can be unpleasant to think about or plan for, but sadly it is all too common. ePlatinumHealth agents want to help you find a plan that meets your needs AND your budget so you can worry less and live with confidence. Please contact me today for a free quote 🙂

What is Critical Illness Insurance?

A Critical Illness Insurance policy, also known as Critical Care Insurance, protects you when you’re diagnosed with a critical illness and has a lump sum payout that you can choose to use however you’d like. Sometimes, when you’re least expecting it, life will throw a curveball at you. No one anticipates being diagnosed with a critical illness, but sadly it occurs frequently, and in such moments it’s better to be prepared.

What is Covered by Critical Illness Insurance?

The three primary covered illnesses are cancer, heart attack, and stroke, though the policy may also cover other afflictions, including kidney failure, major organ transplant, and paralysis.

Do I Need Critical Care Insurance?

Having a critical illness puts an immense strain on the body; it also puts immense pressure on the wallet. Medical expenses account for a majority of personal bankruptcies in the U.S., upwards of 60% according to a Harvard study. While the average cost of treating a critical illness is over $7,000, most Americans have less than $1,000 in savings. A critical illness will undoubtedly keep you out of work for some time, and you’ll still have bills, groceries, and other living expenses to consider while you’re saddled with sometimes staggering medical expenses, even with typical health insurance. A Critical Care Insurance policy will protect you when you take ill, and payout $10,000 – $1,000,000 depending on your plan. ePlatinum Health Helps You Protect Yourself At ePlatinum Health, we’re invested in you; our goal is to have a conversation and find a plan that suits your needs and protects you when you’re most vulnerable, physically and financially. We believe that serious illness and the pursuit of wellness shouldn’t come with dire financial consequences. Our agents are happy to meet with you in person, or to talk on the phone, and to find the plan that works best for you. With ePlatinum Health, your future is in safe hands.