Overview
Critical illness insurance pays a lump-sum benefit if you're diagnosed with a covered condition such as heart attack, stroke, or cancer. The benefit is yours to use however you need — treatment costs, travel to specialists, mortgage payments, or time away from work.
Who it fits
- Households with a family history of serious illness
- Sole earners and self-employed professionals
- Anyone worried about the financial side of a serious diagnosis
What it typically covers
- Cash benefit on diagnosis of covered conditions
- Typically covers heart attack, stroke, major cancers, and more
- Benefit paid regardless of other insurance
Specifics vary by carrier and plan. Request a personalized quote to see exactly what applies to your situation.
Things to weigh
- Covered conditions vary by plan
- Waiting periods may apply
- Benefit amount should match realistic financial gaps
Common questions
What's the difference between marketplace and individual health insurance?
Marketplace plans are ACA-compliant and may qualify for premium tax credits based on income. Individual plans purchased outside the marketplace can offer different structures but don't include marketplace subsidies. We'll walk through which fits your household.
Is short term health coverage a good idea?
Short term coverage is best used as a bridge — between jobs, waiting for open enrollment, or covering a gap. It typically excludes pre-existing conditions and may not cover essential benefits. It shouldn't replace ACA coverage long-term.
Why would I need supplemental coverage?
Major medical plans often leave high deductibles, copays, or non-covered expenses. Supplemental coverage — accident, hospital indemnity, critical illness — pays cash benefits to help absorb those costs so a health event doesn't become a financial event.
Ready for personalized options?
Request a free quote and a licensed agent will follow up with critical illness coverage options that fit your situation.