We always think it will never happen to me. But never is happening. Pretty much everyone you talk to would tell you they have had a family member or a friend…if not themselves, affected by a critical illness. Cancer, heart attack, and stroke make up the bulk of these critical illnesses…but most policies will cover up to 25 total illnesses. Everyone has to carry house insurance. Everyone has to carry auto insurance. But have you made sure to look after the most important asset you own…YOUR OWN LIFE!
The stats are staggering…in fact 1 out of 4 will become disabled and carry out a claim for disability insurance before 65. 1 out of 3 will be diagnosed with a critical illness before age 65. Is your family financially protected for these events?
Stay tuned, as my next blog will go a little more in depth in about critical illness insurance.