Critical illness insurance is a lump-sum, tax free benefit that is paid out after you have been diagnosed with a critical illness such as cancer, heart attack and stroke. It is not disability insurance for a few reasons: The payment of the...
MoreWhy Critical Illness Insurance may Disappear
Big changes are happening to critical illness insurance, so if you have been thinking of getting a policy, now is the time. As of right now, you can get critical illness insurance, which will refund all of your premiums paid in the 20th year if...
MoreCritical Illness Insurance on Kids
What is critical illness insurance? It is a tax-free lump sum of money that is given to you within 30 days of being diagnosed with a critical illness. Which illnesses are covered? Cancer is the biggest one, but it also covers you for other...
MoreThe Financial Impact of Cancer
Cancer. It’s a word we hear all too much these days. Everyone has a friend or a family member who has been touched by this dreadful disease. Although most of us can empathize with the emotional impact that this disease can have on a family...
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