Share on facebook
Share on twitter
Share on linkedin
Share on email

Even if you are young and healthy, critical illness insurance can provide financial protection in the event you are diagnosed with a serious health issue later in life.

Critical illness insurance can give you peace of mind knowing that you can have financial support to recover from your illness, support your family as you undergo any medical treatment needed, and use any remaining funds as you wish.  

Relieve financial stress from lost wages

If you experience a sudden heart attack or stroke, receive a cancer diagnosis, or face serious health issues, you might lose the ability to go to work and earn an income. This will lead to lost wages, and combined with any medical bills you may face, your emergency savings can dwindle very quickly.

Critical illness insurance provides a lump sum of cash benefits that you can use to help make ends meet while you are recovering. You can use the policy benefits to cover your mortgage payments, utility bills, medical bills and more.

Pay for medical bills

Did you know that medical bills are one of the biggest factors that cause of bankruptcy in the United States? A report from the Kaiser Family Foundation/New York Times Medical Bills Survey reported that debt from medical treatments caused one million adults to declare bankruptcy in 2015. Additionally, the  study found that 26% of Americans struggled to pay their medical bills, and as a result, around 60% of people had difficulty paying other bills as a result of their medical debt.

On top of the physical and emotional stress that comes with any diagnosis, adding on financial stress can make this situation even harder. That is where critical illness insurance comes in – having a lump sum of cash to cover these payments can provide much needed relief. You can also use this sum to pay for treatments that your health insurance wouldn’t cover, such as experimental treatments.  

Protect your future 

Critical illness insurance helps you protect your future to ensure that you are prepared for whatever life brings. Having this insurance throughout your lifetime can give you peace of mind knowing that you and your loved ones will be financially protected if the unexpected were to happen.  

Get critical illness insurance with Quility in a few simple steps

If you’d like more information about critical illness insurance, Quility’s licensed insurance advisors are just a click away. If you are ready to get coverage now, our advisors can shop around from more than 80 of the top insurance companies to help you find the most affordable and comprehensive plan available. Fill out our short form to connect with a licensed agent today to get started!

Let’s Get Started

Get a plan in place in a few simple steps with a Quility insurance advisor.

Related Articles

two people getting married which could trigger the need for new life insurance policy
6 Life Events That Could Change Your Life Insurance Needs
Quility brings power of choice to insurance
Quility Brings the Power of Choice to Insurance Marketplace
couple sitting on couch shopping online for life insurance
Life Insurance Riders: What You Need to Know

Featured Articles

Virtual Auction Raises $260,000 for Make-A-Wish Central and Western North Carolina
Virtual Auction Raises $260,000 for Make-A-Wish Central and Western North Carolina
dad and son laddering life insurance
How to Ladder Life Insurance Policies
father grandfather and young son with life insurance benefits
Are Life Insurance Death Benefits Taxable?

Enter your email to download the full life insurance guide!

You can download the guide directly from our site and you will receive a copy via email to refer to whenever your insurance needs change.

Disclosure

The rates shown are based on past examples of quotes provided to people based on their demographic information. These are examples of the kinds of rates you can expect. All life insurance quotes and approvals are based on age and overall health at the time of purchase. Generally, non-smokers in good health will get the most affordable life insurance rates.

To get your real rate, fill out our short form.

Disclosure

The samples shown above are real numbers from past Debt Free Life clients. They are examples of the types of quotes you can expect but are presented for example only.

To get your real rate, fill out our short form.

Disclosure

The rates shown are based on past examples of quotes provided to people based on their demographic information. These are examples of the kinds of rates you can expect. All life insurance quotes and approvals are based on age and overall health at the time of purchase. Generally, non-smokers in good health will get the most affordable life insurance rates.

To get your real rate, fill out our short form.

The Basics

Resources to help you select the right insurance solution for your family.

Life Insurance 101

Your most asked life insurance questions, answered.

Blog

Informative articles on life, insurance and retirement.

FAQs

Get the answers to all of your life insurance questions

Featured Blogs

Get a Quote

See how affordable Life Insurance can be.

[gravityform id=”2″ title=”false” ]

Coverage
for as low as
$12
per month*