Critical Illness Insurance

Updated: Feb 18, 2020

Are you worried about being diagnosed with a critical or terminal illness and being unprepared for the financial consequences? Medical expenses are a major reason why a majority of individuals file for bankruptcy. A new study from academic researchers found that 66.5 percent of all bankruptcies were tied to medical issues - either because of high costs for care or time out of work. An estimated 530,00 families turn to bankruptcy each year because of medical issues and bills. According to the Centers for Medicare and Medicaid Services (CMS), the average American spent $10,345 on healthcare in 2016.

Overall Americans spent $3.4 trillion for medical care in 2017, almost twice the per capita average of other developed nations.


Alarming Statistics on Critical Illnesses:

  • Cancer: According to the National Cancer Institute, a new cancer is diagnosed every 30 seconds. 1 in 2 men and women will be diagnosed with cancer in their lifetime

  • Heart Attack: According to the American Heart Association, a new heart attack is diagnosed every 34 seconds

  • Stroke: According to the American Stroke Association, a new stroke is diagnosed every 40 seconds


How Can Life Insurance With Living Benefits Help?


Instead of buying a critical and terminal illness insurance policy, we recommend life insurance with living benefits? For the same or even lower premiums, you can get the protection of a traditional death benefit plus critical, chronic and terminal illness protection. Living Benefits are Accelerated Death Benefits Riders(ABR's) that are included at no-cost with Insurance Carriers like National Life Group and American National Insurance Company (ANICO). So if god forbid you were diagnosed with a qualified terminal illness and you had less than 2 years of life expectancy, you can accelerate up to 100% of the death benefit. The death benefit would payable to you tax-free and you could use the funds to pay for costly medical expenses such as out-of-pocket expenses not covered by health insurance, cost of living expenses or any other personal use. You may also access all or part of your death benefit, while living, if you experience a qualifying, chronic, critical illness or critical injury.


Watch powerful testimonials on how life insurance with living benefits helped individuals from financial devastation:



Life Insurance You Don't Have To Die To Use.


So if you don't have life insurance with living benefits, give us a call and we will provide a personalized no-obligation quote with an A Rated insurance carrier. Again, the carriers we offer include living benefits at no extra cost with premiums as low as $1 per day.


Why Direct Insurance Solutions?

Award winning insurance agency that has helped thousands find affordable coverage and represents hundreds of regional and national carriers built on the following foundation:

Pillars:

  1. Offer the most affordable and comprehensive insurance solutions regardless of household budget

  2. Offer the best A rated (A.M. Best) insurance carriers

  3. Over 20 years experience to help you navigate through cumbersome underwriting process

  4. Offer best-in-class service

  5. Easy to do business with

Our mission at Direct Insurance Solutions is to get you the coverage you need, the services you want, and the respect you deserve, regardless of your budget. We only offer A Rated (A.M. Best) insurance companies like National Life, American National Insurance Company, Transamerica, AIG and many more.

For a personalized no-obligation quote, click or call today

1-800-619-8959




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