There are many reasons why someone may choose a cancer, heart attack & stroke insurance plan. For one, it may provide the coverage they need while they are away from their small business. For another, it may be the solution to expanding their coverage while already enrolled in a high deductible health insurance plan. Maybe your family has a history of these illnesses and you think it’s a good idea to play it safe. Whatever your case may be, considering a cancer, heart attack and stroke insurance plan is a good route to take, giving you expanded coverage that isn’t typically offered in extensive detail with traditional health insurance plans. Additionally, purchasing a cancer, heart attack & stroke policy alleviates the pressure on your finances if you do wind up facing a severe diagnosis like these.
Cancer, heart attack and stroke insurance works by paying a lump sum benefit of up to $75,000. This payment is given regardless of what health coverage plan you may have on top of it. Roughly 53 percent of the costs surrounding cancer are non-medical, indirect costs. A cash payout can be perfect for handling these costs. It can also be used to go towards any other expenses that need attention during the time of your diagnosis to help balance things out. Many choose to put the cash benefit towards lost income, car payments, travel expenses to medical facilities or experimental treatments and surgeries. Whatever you choose to put it towards, the money is yours.
According to the Cancer Support Community Survey of 2015, 36 percent of cancer patients deplete their savings. So don’t get left behind before it’s too late. Plan conservatively for your financial wellbeing and choose a cancer, heart attack & stroke insurance plan that fits right with you. At Morgan & Allen, this is exactly what we help our clients do. We make sure they have everything they need to make a decision they’re confident and comfortable with. So, give us a call today, we’ll be happy to assist you.