Critical Illness Insurance
JLA Partners Insurance
What Is Critical Illness Insurance?
Coping with a critical illness is emotionally difficult. Unfortunately, coping with a critical illness can also be financially difficult. Protect your family from financial strain of mounting medical bills with critical illness insurance from JLA Partners Insurance.
Critical illness insurance is a specific type of insurance product which offers financial protection in cases where the policyholder is diagnosed with a critical illness listed in the insurance policy.
Critical illness insurance is usually structured so that the insurer makes a lump sum cash payment after diagnosis. However, some policies are structured to pay out regular income in cases where the policyholder must undergo a specified surgical procedure.
What Does Critical Illness Insurance Cover?
Critical illnesses that may be covered by a critical illness insurance policy may include:
- Alzheimer’s Disease
- Parkinson’s Disease
- Multiple Sclerosis (MS)
- HIV/AIDS that is contracted by blood transfusion or during a medical procedure
- Kidney failure
- Major organ transplant
- Blindness
- Deafness
- Paralysis of limb
- Terminal illness