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7 reasons for having Critical Illness Insurance

Mon March 27th 2023

Here are 7 reasons for having Critical Illness Insurance:

  1. To provide financial relief to help pay for unexpected medical expenses: Critical illness insurance can help to provide financial relief from bills related to medical treatment, such as doctor visits, hospital stays, and prescription medications.
  2. To replace lost income: Critical illness insurance can help to replace lost income if you are unable to work due to a critical illness.
  3. To cover alternative treatments: Alternative treatments, such as acupuncture, massage, and chiropractic care, can be expensive but may be covered by critical illness insurance.
  4. To cover out-of-pocket expenses: Critical illness insurance can help cover out-of-pocket expenses associated with a critical illness, such as transportation costs and meals.
  5. To provide peace of mind: Knowing that you have a financial safety net in place can provide peace of mind when facing a critical illness.
  6. To help with long-term care: Critical illness insurance can help with long-term care costs, such as home care and nursing home costs.
  7. To protect your family: Critical illness insurance can help to protect your family from financial hardship in the event of a critical illness.

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