Critical Illness Insurance

Financial protection when you need it most. Receive a lump-sum cash benefit upon diagnosis of a covered critical illness to help pay for treatment, living expenses, and recovery costs.

Get Your Critical Illness Insurance Quote

What is Critical Illness Insurance?

Critical illness insurance is a supplemental insurance policy that provides a lump-sum cash payment if you are diagnosed with a covered critical illness. Unlike traditional health insurance that pays medical providers, the cash benefit is paid directly to you to use however you see fit.

This financial cushion can help cover medical bills, experimental treatments not covered by insurance, mortgage payments, everyday living expenses, or any other costs that arise during your illness and recovery.

Did You Know?

  • • Medical bills contribute to 66% of personal bankruptcies in the U.S.
  • • The average cost of cancer treatment can exceed $150,000
  • • Heart attack survivors often face $100,000+ in treatment costs
  • • Stroke rehabilitation can require 3-6 months of intensive therapy

How It Works

1
Purchase Coverage

Choose a coverage amount and pay affordable monthly premiums

2
Diagnosis Occurs

If diagnosed with a covered critical illness, file a claim

3
Receive Cash Payment

Get a lump-sum cash benefit directly to you

4
Use Funds Freely

Spend the money however you need without restrictions

Covered Critical Illnesses

Critical illness insurance typically covers the most serious medical conditions that have significant financial impact.

Heart Attack (Myocardial Infarction)

Death of heart muscle due to blocked coronary artery, requiring immediate treatment and prolonged recovery.

Average Cost: $100,000+

Recovery Time: 2-6 months

Stroke (Cerebrovascular Accident)

Interruption of blood flow to the brain, often causing lasting neurological damage and requiring extensive rehabilitation.

Average Cost: $70,000+

Recovery Time: 3-12 months

Cancer (Life-Threatening)

Malignant tumors requiring treatment such as chemotherapy, radiation, or surgery. Coverage varies by stage and type.

Average Cost: $150,000+

Treatment Duration: 6-24 months

Kidney (Renal) Failure

End-stage renal disease requiring permanent dialysis or kidney transplant, with ongoing treatment costs.

Average Cost: $90,000+ annually

Ongoing Treatment Required

Major Organ Transplant

Receipt of a transplanted heart, lung, liver, pancreas, or bone marrow, requiring extensive surgery and recovery.

Average Cost: $400,000+

Recovery Time: 6-12 months

Coronary Artery Bypass Surgery

Open-heart surgery to bypass blocked coronary arteries, requiring significant recovery and lifestyle changes.

Average Cost: $123,000+

Recovery Time: 6-12 weeks

Paralysis (Permanent)

Complete loss of use of two or more limbs for at least six months, requiring home modifications and ongoing care.

Lifetime Cost: $500,000+

Permanent Disability

Alzheimer's Disease & Dementia

Progressive neurological conditions causing memory loss and cognitive decline, requiring long-term care.

Average Cost: $100,000+ annually

Long-Term Care Required

Multiple Sclerosis

Chronic disease affecting the central nervous system, causing varying degrees of disability and requiring ongoing treatment.

Average Cost: $65,000+ annually

Chronic Condition Management

Additional Covered Conditions May Include:

  • • Parkinson's Disease
  • • ALS (Lou Gehrig's Disease)
  • • Benign Brain Tumor
  • • Severe Burns
  • • Coma
  • • Blindness
  • • Deafness
  • • Loss of Limbs
  • • Aortic Surgery
  • • Heart Valve Replacement

*Specific conditions and definitions vary by policy. Some conditions may have waiting periods or specific criteria that must be met.

Key Benefits of Critical Illness Insurance

Critical illness insurance provides financial security and peace of mind when you face serious health challenges.

Lump-Sum Cash Payment

Receive a one-time cash payment directly to you upon diagnosis of a covered condition. No restrictions on how you use the money.

Use Funds For Anything

Pay medical bills, cover living expenses, mortgage payments, experimental treatments, travel costs, or anything else you need during recovery.

Complements Health Insurance

Works alongside your existing health insurance to cover expenses that traditional health plans don't cover, like deductibles, copays, and lost income.

No Network Restrictions

Choose any doctor, hospital, or treatment facility without worrying about in-network or out-of-network limitations.

Portable Coverage

Your coverage stays with you if you change jobs or retire. No need to reapply or worry about losing protection.

Affordable Premiums

Protection is available at reasonable monthly premiums, especially when purchased while you're young and healthy.

Who Should Consider Critical Illness Insurance?

Critical illness insurance is valuable for anyone who wants additional financial protection against serious health conditions.

This Coverage Is Ideal For:

  • Families with children who depend on your income
  • High-deductible health plans where out-of-pocket costs are significant
  • Self-employed individuals without disability insurance or paid sick leave
  • Anyone with limited savings for medical emergencies
  • Family history of cancer, heart disease, or stroke
  • Mortgage holders who want to protect their home
  • Small business owners who need to maintain business operations
  • Peace of mind seekers who want comprehensive protection

Common Questions

How much coverage do I need?

Most people choose coverage between $25,000 and $100,000. Consider your savings, deductibles, mortgage, and how long you could be out of work.

When should I buy it?

Purchase while you're young and healthy for the best rates and easiest qualification. Premiums increase with age, and pre-existing conditions may limit coverage.

Can I have multiple policies?

Yes, you can purchase critical illness insurance from multiple insurers and collect benefits from all policies if you're diagnosed with a covered condition.

Are there waiting periods?

Most policies have a 30-90 day waiting period for illnesses (no waiting period for accidents). Cancer may have a longer waiting period of 90 days.

Protect Your Family's Financial Future

Don't wait for a health crisis to wish you had critical illness insurance. Get a free quote today and ensure your family is financially protected.