Cancer, Heart Attack and Stroke insurance provides peace of mind that your clients will be able to pay their bills in the event of a major health crisis. These plans offer resources to supplement lost income so that your clients can focus on recovery, not on finances.
A diagnosis of cancer, or suffering from a heart attack or a stroke could leave your clients unable to earn income. With mortgage or rent payments, car payments, and other bills, finding a way to pay for their medical bills becomes an increasingly stressful ordeal.
What Does Cancer, Heart Attack & Stroke Insurance Cover?
How Does it Work?
Typically a lump-sum benefit paid at the time of diagnosis. Money is paid directly to the policyholder to be used as needed for both medical and non-medical expenses. Many insurance carriers offer a range of plan options so that each plan can be customized.
If you are not offering your clients these products, you may be missing the boat. It only takes about ten minutes to explain since most people understand the need and the premiums are very affordable, especially compared to potential cost of being diagnosed without separate coverage. In most cases, the money amounts to less than the cost of a cup of coffee a day (not Starbucks, just a plain, cheap cup of joe).
Most people are surprised to learn that heart related deaths are the number one killer in the US and that strokes are the leading cause of long term disability. The chance of having a stroke doubles every ten years after age 55 and in America, someone is having a stroke every 39 seconds. Even if prospects are aware of these facts, most do not realize that specific Critical Illness coverage is available.