Why Critical Illness Insurance is worth it
Aaron is a 34-year-old teacher with a young daughter. He needed a way to protect his paycheck, his house, and cover his medical bills if he was ever diagnosed with cancer or another critical illness.
Aaron purchased a $25,000 policy for less than a $1 a day.2
Every year, he pays $240 dollars in premiums. $25,000 dollars in benefit is held for him if he’s diagnosed with a covered condition. If he is ever diagnosed with a covered condition, a $25,000 check is sent directly to him.
If Aaron dies from something other than a covered condition and he hasn’t received any other benefits, his beneficiary receives all of the money he’s paid in premium.3 Aaron is creating a safety net for his family.