Critical Illness

Suffering from a critical illness is extremely common. Did you know that one in every two men and one in every three women will develop heart disease in their lifetime? The numbers tell the same story for cancer, stroke, brain tumours, or Alzheimers. Suffering from a critical illness is more common than you think, and with technology advances, surviving these illnesses is also increasingly common.

Are you prepared?

The question is whether you can afford the imposing expenses once you’re ill. Will you be able to modify your home, purchase a wheelchair, hire outside help, continue paying your bills, or seek unconventional treatment?

Health insurance will cover your basic medical expenses, disability insurance will provide regular income but not always enough, using your savings will deplete your retirement savings, and a loan will increase your financial burden.

There is a solution – Critical Illness Insurance.

Critical Illness Insurance provides additional financial resources to pay for unforeseen expenses that come with being ill. It provides a tax free, lump sum payment of cash to cover expenses as you see fit.

If you are fortunate enough to not need the coverage, or you pass away before using it, premiums may be returned. Please contact a Crain & Schooley Financial Advisor to discuss the options in further detail.