Why? Because if we happen to live a long life,it can serve as our retirement plan. There is no need to be a burden to your kids and family because you are well prepared.
And if, unfortunately, you get seriously sick or worse die at an early age, You wouldn’t have to worry about your family becoming financially unstable, because with life insurance,you are protecting them and the future you have planned for them.
We should invest in our health. Whether we admit it or not, we do not save money for our medications and hospitalizations if we get sick. This is the reason why, when the time comes that we do get sick, we think of it as an expense. Because we did not prepare fot it.
We should all invest in our health. Exercise regularly, eat healthy foods, and don’t forget to invest in health insurance.
Prevention is the best cure, but if we do get sick we wont have to think and be stressed about who will pay for our hospitalization, where will we get the money for our medications, and who will be the one to pay the doctor’s fee. Because if we are insured, we wont have to face financial difficulties and will only be focused on getting better.
When you’re no longer around, would you like your family or your bank to receive the benefits?
When you’re diagnosed with a critical illness, would you like to receive the lump sum benefit so you won’t need to worry about mortgage payments, utilities, expenses, etc, or would you like your bank to receive only the mortgage payment?
P O S T O F T H E D A Y: 🗣
How can Critical illness insurance solution protect you and your family! 🤔🙋♂️🙋👪👩👩👧👦👩👧👦👨👦👦 🔹Critical illness is designed to help pay costs associated with life-threatening illnesses. Simply put, it provides additional funds if you become seriously ill, so you can focus on your health and not your finances. 🔸How does Critical illness work? If you are diagnosed with one of the illnesses covered by your policy, after a set time period. You will receive a one time lump sum tax free cheque. 🔹Do I need Critical illness insurance ?
Ask yourself, do your other insurance policies like Life, group health or disability plans offer adequate coverage? Where would I get the funds from? Would your retirement goals still be met if you had to take out over $50,000 for medical expenses? Can I afford to take on the costs associated with being critical ill? Things like loss of income, travel to and from treatment, paying your bills, medication, home care costs.