Critical illness insurance Quick (Free No Obligation Quote )
Receiving a cancer diagnosis or suffering a heart attack is a stressful time not only for the person going through it but their caregivers and family.
With the mounting hospital bills along with the expenses of ordinary life, like car payments and a mortgage, one can start to feel overwhelmed pretty quickly. However, there is a silver lining for many during these dark times.
Critical illness insurance is a type of specific coverage created to help ease the financial burden families endure with a Serious illness and provide the much-needed funds to help with financial expenses.
UNDERSTANDING HOW CRITICAL ILLNESS WORKS
Critical illness insurance covers costs associated with certain diseases and specific policy conditions. If you are diagnosed with one of these ailments, a lump sum payment is paid out directly to you as the insured. Common conditions covered by critical illness policies are listed below but keep in mind the conditions covered will vary by policy:
- Cancer
- Heart attack
- Stroke
- Kidney failure
- Organ transplant
- Heart transplant
- Paralysis
- Coronary bypass surgery
TYPES OF CRITICAL ILLNESS POLICIES FOR AZ RESIDENTS
• To pay for critical medical services that might otherwise be unavailable
• To pay for treatments not covered by a traditional policy
• To pay for daily living expenses, enabling the critically ill to focus their time and energy on getting well instead of working to pay their bills
• Transportation expenses, such as getting to and from treatment centers, retrofitting vehicles to carry scooters or wheelchairs, and installing lifts in homes for critically ill patients who can no longer navigate staircases
• Terminally ill patients, or those simply in need of a restful place to recuperate, can use the funds to take a vacation with friends or family
Like all insurance policies, critical illness policies are also subject to a host of stipulations. Not only do they cover only the conditions listed in the policy, but they cover them only under the specific circumstances noted in the policy. A diagnosis of cancer, for example, may not be enough to trigger payment of the policy if the cancer has not spread beyond the initial point of discovery or is not life-threatening. A diagnosis of a stroke may not trigger a payment unless the neurological damage persists for more than 30 days. Other restrictions may include a specific number of days for which the policyholder must be ill or must survive after diagnosis
The three basic critical illness forms you can purchase are: Simplified Issue Individual:
A simplified issue critical illness insurance policy is available in amounts up to $50,000. The underwriting requirements are not as rigorous as for a critical care policy for a more substantial amount and ask only a few basic health questions. These plans are affordable for most families, and we can give quotes over the phone or online.
Fully Underwritten Individual:
For a critical illness insurance policy in amounts up to $500,000, you can buy a fully underwritten policy. Be prepared to give a very detailed medical history to the insurance company for a higher amount of coverage. Some employers may offer this type of critical illness insurance.
Policy Rider:
Some life insurance policies offer critical illness coverage through an endorsement to the policy (policy rider). Call us for your life insurance quotes today.
Like any other life insurance or accident insurance policy, the rate will vary by carrier and applicant information. Call Blake Insurance Group today for all of your life insurance needs.
Companies that offer Critical Illness Insurance Plans
There are numerous companies offering critical illness insurance, both individual and group
Aflac Critical illness insurance Arizona
Affordable Critical Illness Insurance from Aflac.
No one wants to think that they will have a heart attack or a stroke. But studies show that someone in the U.S. does– every 40 seconds. About 92.1 million American adults are living with some form of cardiovascular disease or the after-effects of a stroke.2.
In the event of a life-changing illness, we’re there for you. Aflac critical illness policies help with the treatment costs, so you can focus on recuperation.
Why do you need an Aflac critical illness insurance policy?
You may be surprised to find out that a serious illness, such as a heart attack, can leave you with $50,005 in out-of-pocket costs3, even with major medical coverage. This is because your medical plan might not cover all the costs associated with critical care.
Don’t wait for an emergency to find out. See how a critical illness policy can help protect you and your family today. Quote Now
AIG Critical illness insurance Arizona
• AIG CriticalCare Plus insurance gives you the flexibility you need to cover a variety of expenses associated with a critical illness diagnosis.
• • Pays a single-payment benefit– from $10,000 to $500,000– directly to you, to use any way you want.
• • Covers a broad range of conditions most likely to cause major lifestyle changes, including heart attack, stroke, cancer, and kidney failure.
• • Term options of 10, 15, 20, and 30 years available.
• • Loss of Independent Living Benefit covers the inability to perform two or more major daily activities (eating, dressing, etc.) without assistance.
• • Can cover your spouse and children on the same policy.
• • Preventive Care Benefit pays up to $50 a year for a wide variety of medical tests.
• • Benefit Extension Rider pays a benefit on a second or third critical illness, or on a second diagnosis of the same illness3.
• • Occupational HIV coverage for healthcare professionals (optional coverage for medical personnel only).
• • Should you decide to seek a specialist for a second opinion, you’ll have a free membership in Best Doctors ® referral service.
• Benefits payable are subject to the terms of the policy, including limitations, reductions, and exclusions. Not all benefits are available in all states. Quote Now
American Fidelity Critical illness insurance Arizona
Medical Insurance May Not Be Enough; Critical Illness Insurance Can Help.
In today’s market, your employees are likely to experience rising deductibles every year. The out of pocket costs from a major critical illness such as a heart attack, stroke, or cancer can be financially devastating.
AF ™ Critical Illness Insurance is designed to pay a lump-sum benefit directly to your employees if they’re diagnosed with one of the life-altering illnesses covered in the critical illness group policy. They can use these benefits to help pay for deductibles, copayments, aftercare, everyday living expenses, or even lost income while they’re away from work recovering. Quote Now
Assurity Critical illness insurance Arizona
If you are diagnosed with a serious illness, we provide a lump sum payment to help, Surviving a serious illness, such as cancer, heart attack, or stroke today is more likely than ever– but can come with financial costs and uncertainty. A critical illness policy can help alleviate those worries by paying a lump-sum benefit when you are first diagnosed with a covered illness or medical condition. The critical illness benefit can be used to cover your mortgage, monthly bills, and living expenses, out-of-pocket medical costs, or in whatever way best fits your needs. Quote Now
UnitedHealthcare Critical illness insurance Arizona
Critical Illness Insurance. 
What is critical illness insurance?
Critical Illness insurance, also referred to as Critical Care insurance or Critical Illness coverage, provides a lump-sum cash benefit to help cover expenses associated with a qualifying serious illness.
Serious Illness can strike at any time. We’ve all heard stories of friends or family members who have been affected by a serious illness. What we don’t hear is how the financial strain may also have a major impact during this trying time.
A primary health insurance plan may cover some health care costs, but oftentimes the patient will face other challenges such as paying everyday living expenses while out of work. That’s when a Critical Illness plan can come into play. Quote Now
National General Critical illness insurance Arizona
Cancer & Heart/Stroke.
Cancer and Heart/Stroke coverage gives you a plan to face the unthinkable with confidence.
You never expect a life-threatening illness like cancer, heart attack, or stroke. But if the unexpected happens, you want to be prepared. With Cancer and Heart/Stroke coverage, you’ll receive cash benefits upon your first diagnosis of life-threatening cancer, heart attack, or stroke, ¹ allowing you to get the care you need and pay your expenses.
Cancer and Heart/Stroke coverage provides:
Four benefit levels to choose from: $25,000; $30,000; $50,000 and $75,000.
The flexibility to choose any doctor with no network restrictions.
Cash benefits that you can use in any way you need. Quote Now
Critical Illness – Term Life.
Reduce the financial impact of critical illness for both you and the people you love.
When you choose Critical Illness– Term Life coverage, you reduce the potential financial impact of critical illness on your family and your future.
This plan pays cash right to you. And you can use the cash in any way you need, helping you replace lost income and pay expenses other plans don’t pay.
Lump-sum cash benefits upon first diagnosis or treatment– over and above any benefits, you receive from any other plan.
Freedom to visit any doctor or hospital you want and you can use the cash benefits any way you need.
Benefits paid with no deductibles, coinsurance, co-pays, or pre-authorization required for this plan. You’ll love it.
Combined Insurance Critical illness insurance Arizona
Critical Care Insurance: What You Need to Know.
Most of us say, “It will never happen to me.” But each year, over 720,000 Americans will have a heart attack1 and more than 795,000 will suffer a stroke.2 Half of American men and one-third of American women will develop cancer sometime in their lives3.
Thanks to modern medicine, more people than ever survive critical conditions like these. But there are often high costs associated with treatment that put a strain on a family’s budget. Approximately three in five bankruptcies are due to medical bills, and 56 million Americans will have trouble paying their medical bills.4 And what about all the non-medical bills that still have to be paid?
What if it happens to me? Quote Now
Illnesses can negatively impact the financial health of individuals and families– even those with health insurance. That’s what makes critical illness insurance a popular form of supplemental coverage.
Cost of Critical Illness Insurance.
The cost of critical illness insurance is going to vary based on how much coverage you purchase can be affected by any pre-existing medical conditions. For policies with a face value of $50,000 or less, you may not be required to take a medical exam.
You can purchase a simplified issue policy worth anywhere from $10,000 to $50,000. The premiums range from $180 to over $1,500 annually and may cost you more if you are a tobacco user. For amounts over $50,000, you will have to fill out a medical questionnaire to see if you are eligible and then receive a quote to purchase a policy.
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