We rarely think of hard times when we might fall sick critically while we are hale and hearty. However, Contractor Critical Illness Insurance is something that we must consider for those tough times as no one has seen the future and you cannot be sure that if you are healthy today, you cannot fall sick tomorrow. This kind of cover provides a financial peace of mind to your family and instead of having a luxurious cup of coffee every day, paying some money every month or every week for you insurance cover and safeguarding your interests is a better idea.
Critical Illness Insurance gives you cover if you are seriously ill and your condition is critical or if you need a surgery and also cover you in case you are not able to earn or work due to your illness. If you are the only bread winner of your family, then you must ensure that you critical illness insurance is in place so they don’t have to be worried in difficult times.
Critical illness insurance is actually a necessity for many Americans. It's quite natural for many of us to apply for disability insurance when we're actually scared of a severe disease.
ReplyDeleteDisability insurance pays a stipulated amount for a listed disease on the basis of our wages earned during a period prior to our illness. On the other hand, critical illness insurance pays the policy limit for any of the listed diseases. That's perhaps the reason why we need a critical illness insurance policy to protect us from unforeseen risks.