Insuring Yourself For The Risks Of Living Longer…People today are living much longer than their ancestors. That’s great news. But, as we’re already seeing, greater longevity also increases the risk that more of us will fall victim to serious illnesses later in life — despite the significant advances being made in diagnosis and treatment.
It’s not something most of us want to think about. But those that do are recognizing the advantage of good insurance coverage to protect them from the financial burden that a prolonged illness can cause. Insure yourself now for the risks of living longer later.
Critical illness insurance is one of the effective tactics for protecting yourself against the risks associated with a longer life.
It usually pays out a lump sum or provides a regular income for victims of a number of specific illnesses — cancer, heart attack or a stroke for example — that otherwise might have a major impact on a family’s finances.
These policies usually pay out even if the policyholder makes a full recovery.
In fact, a key strength of critical illness insurance is that by easing financial burdens, it allows policy holders and their families to focus on what’s truly important — the potential for recovery. Contact us if you’d like to know more by clicking here.