The danger that lurks in your Heart.
What is a CRITICAL ILLNESS RIDER?
Critical Illness health plan is something that could be taken along with your life insurance or a variable investment product as a rider. It is just an extra premium along with your regular plans. It pays a lump-sum money in case of a diagnosis of any Critical Illness stated in the policy. Some examples of diseases covered are: Cancer, Stroke, Heart Attack, Renal Failure, and 30+ more dread diseases you don’t want to have.
So how does it completes a financial plan?
Imagine this:
When you get sick, (critically ill?) What happens to your life insurance/retirement plans? Can you still afford the premium?
Can you still continue to invest? Or you now need to liquidate all your investments to help you with your treatment?
The bottom line here is. If you think the above story will NOT happen to you and you will live a long, healthy life? Think again. According to statistics, 90% of Filipinos (that is 9 out of 10) have 1 or more risk factor for the number 1 Disease of Filipino: (Cardiovascular Disease):
- Smoking
- Drinking Alcohol
- Have High Cholesterol
- Inactivity (No exercise)
- Have High blood pressure
- Have Diabetes
Do you have 1 or more risk factor from above? If yes, then better check if your plans- does it have a critical illness rider attached to it? If there is, is the amount would be enough if in case you will be diagnosed with any dread disease in the future?
“A Single hospital bill can wipe out years of saving.”
What is a CRITICAL ILLNESS RIDER?
Critical Illness health plan is something that could be taken along with your life insurance or a variable investment product as a rider. It is just an extra premium along with your regular plans. It pays a lump-sum money in case of a diagnosis of any Critical Illness stated in the policy. Some examples of diseases covered are: Cancer, Stroke, Heart Attack, Renal Failure, and 30+ more dread diseases you don’t want to have.
So how does it completes a financial plan?
Imagine this:
When you get sick, (critically ill?) What happens to your life insurance/retirement plans? Can you still afford the premium?
Can you still continue to invest? Or you now need to liquidate all your investments to help you with your treatment?
The bottom line here is. If you think the above story will NOT happen to you and you will live a long, healthy life? Think again. According to statistics, 90% of Filipinos (that is 9 out of 10) have 1 or more risk factor for the number 1 Disease of Filipino: (Cardiovascular Disease):
- Smoking
- Drinking Alcohol
- Have High Cholesterol
- Inactivity (No exercise)
- Have High blood pressure
- Have Diabetes
Do you have 1 or more risk factor from above? If yes, then better check if your plans- does it have a critical illness rider attached to it? If there is, is the amount would be enough if in case you will be diagnosed with any dread disease in the future?
“A Single hospital bill can wipe out years of saving.”
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