Critical Illness Preparations
This
past year people across North America have seen their lives disrupted
by blackouts,
hurricanes, floods, forest fires, and snowstorms. Without warning, people
lost their mobility when subways and streetcars lost power, gas stations
ran
out
of
fuel and roads were blocked. They had to deal with unexpected costs as minor
as stocking up on batteries and ice or as major as replacing a lost
home
and possessions. Adding to the chaos was often a lack of knowledge about
what went wrong and how to fix it.
Events
like these illustrate how vulnerable we can be to sudden change in our lives.
A critical illness makes us powerless in a more dramatic way. With a disruption
like a blackout, we know we’ll have power restored within days, if
not hours or even minutes. After a period of adjustment life invariably
returns
to normal. In contrast, a critical illness, like a stroke, usually has permanent
consequences. This makes it even more important to be prepared, and makes
the need for access to expert advice absolutely crucial.
Critical Illness Covers A Lot Of Ground
With
critical illness insurance, you can protect yourself from the financial
worries that often accompany a serious medical condition. There is often
a significant gap between what government health insurance
plans pay and
what the best treatment costs. A critical illness benefit of between $50,000
and $2,000,000 can also help tremendously in maintaining quality of
life
and financial security during the recovery period. You can use their critical
illness insurance benefit to:
- Pay medical expenses for treatment both in North America and abroad
- Reduce your financial obligations (mortgage, personal debt etc…)
- Obtain home nursing care
- Pay for child care expenses
- Renovate your home as necessary to accommodate their medical condition
- Allow spouse to take a leave of absence to provide care
- Take early retirement
…or any other expense that will allow family members to focus on you
getting well.
There are no restrictions on how the lump-sum benefit can be used. This
flexibility helps to protect your client against even the most unforeseen
of expenses. See
what critical illness insurance costs here.
Best Doctors® & Critical Illness
Having
the money available is one thing, but deciding how to best put that
money
to good use is another matter entirely. Expert medical advice is crucial.
That’s why the Best Doctors® services can be of immense benefit
to your clients.
Best
Doctors® is a renowned service that will connect your client with medical
experts deemed to be amongst the best in their field.
Critical
Illness insurance allows you to focus on the treatment of your illness,
instead of worrying about what to do and how to pay for it.
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Ivon T. Hughes, The Hughes Trustco Group Ltd.
Online Insurance Broker - Get a FREE Quote TODAY!
Tel: (514) 842-9001 Email: info@trustco.ca
Web: http://www.trustco.ca
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