Health Insurance Solutions for Every Family, for Every Need
Your health insurance may not cover all of your needs.
- Does your family have a history of cancer or other critical illnesses?
- Do you worry about high hospital costs?
- Do you want to make sure you and your family are protected if a serious accident happens?
These may be reasons to talk about supplemental insurance.
Supplemental insurance policies include coverage for:
Cancer and Critical Illness Plans
Cancer insurance is a type of supplemental insurance designed to help cover the unexpected costs associated with a cancer diagnosis that may not be fully covered by traditional health insurance. The total financial impact of cancer can be devastating. The American Cancer Society estimates that one in five insured persons diagnosed with cancer uses all or most of their savings because of the financial cost of dealing with cancer. (American Cancer Society, Cancer Facts & Figures 2008, page 38) The problems are significantly worse for those without insurance.
With a Cancer Policy in place:
- The money comes directly to you, all at one time in one lump sum payment.
- Because it’s a cash benefit, you can use it outside of the confines of health insurance to pay for: alternative or experimental therapies, home health care, prescriptions, rehabilitation, paying for daily tasks that may be difficult without help like bills, cooking, cleaning, child care, pet care.
- You know exactly how much money will be paid for a covered claim — there are no surprises.
- It is guaranteed renewable for life, subject to the company’s right to increase premium on a class basis.
- Some policies have added riders for other specified diseases, recurrence of cancer, and heart attacks and strokes.
- Other critical illnesses that may have their own plans are kidney failure, paralysis, organ transplant, Alzheimer’s disease.
As most cancer and critical illness policies may exclude pre-existing conditions, the time to talk about it is sooner rather than later.
Cancer can occur at any time regardless of lifestyle, and cancer and critical illness policies can help you protect yourself, your family and your savings.
Contact us today to see how a cancer policy may benefit you.
Hospital Indemnity Plans
Hospital Indemnity policies:
- Have minimal monthly premiums for essential coverage
- Provide a cash benefit depending on the limit you choose per day of the hospital stay. The money can be used to help with hospital co-pays, or it can be used to help with incidental expenses not covered by your medical insurance.
- Have riders for additional assistance such as ambulance trips, outpatient surgery, and emergency room.
Would you like to know more about how a hospital indemnity can fit into your insurance packet? Contact us today for more information.
Accident Policies
The options for accident insurance vary by state and by plan. Multiple plan options are available to meet many needs and budgets. Depending on state and plan availability, you can choose benefits that include:
- Accidental injury
- Accidental death and dismemberment
- Critical illness
- Non-injury hospital admission benefits
- Guaranteed issue options – no medical questions to answer
Most accident insurance plans typically become effective within days of application and the payment is made directly to you. There are no deductibles, copays, or coinsurance. Once you receive your benefits, you can use the cash to cover many of the costs incurred while recovering from your injury.
- Cost-of-living expenses while recovering
- Home care for you
- Day care for your children or pets while you recover
- Transportation to rehab or treatment centers
- Medical costs not covered by health insurance
- Deductibles and out-of-pocket expenses from your health insurance plan
We can assist you in selecting an accident insurance plan that complements your needs and the needs of your family. We can also discuss how supplemental insurance and your health insurance plan can work together to help you stay protected from the unexpected.