What Illnesses are Typically Covered by Critical Illness Insurance Policies?
Critical Illness Insurance plans supplement your health insurance coverage. These policies provide financial support when facing significant medical events, allowing individuals to focus on recovery rather than worrying about the associated costs.
While health insurance typically covers direct medical expenses, such as hospital stays and treatments, critical health insurance helps with indirect costs that may not be fully covered. Upon diagnosis of a qualifying critical health condition, critical health insurance plans make a payment to you that can be used for other expenses. These can include deductibles, copayments, experimental treatments, transportation to medical appointments, lodging, medical supplies, and even loss of income during treatment.
Common Illnesses Covered by Critical Illness Insurance
While critical illness insurance plans vary, the following are illnesses that are commonly covered:
Kidney Failure
Major Organ Transplant
Multiple Sclerosis
Parkinson’s Disease
Cancer
Heart Attack
Stroke
Coronary Artery Bypass Surgery
Other Conditions that may be covered, depending on your plan, may include:
Alzheimer's Disease
Blindness
Deafness
Paralysis
Severe Burns
While the plan with the most illnesses may initially seem the most beneficial, there are other important factors to take into consideration.
How to Choose the Right Critical Illness Insurance
When choosing your critical illness insurance policy, your current health conditions and your family’s genetic health history should be taken into consideration as you work to assess your health risks. Additionally, your current health insurance plan should be carefully reviewed. As you take all of these factors into consideration, guidance from an expert may help you make an informed choice. Connect with one of Informed Choice’s experts by clicking here.
Carefully Evaluate Your Personal Insurance Needs
Facing the financial burdens associated with critical illness treatment can be overwhelming. At Informed Choice, we understand the importance of ensuring that individuals have access to the necessary care without the added stress of financial worries.
Our Critical Illness Insurance plans provide the financial protection needed to alleviate these concerns so you can focus on recovery.
Connect with Informed Choice for guidance in determining what Critical Illness Insurance policy is best for you. Or learn about Informed Choice Cancer and Critical Illness Insurance plans.
