An Illness can be Financially Devastating

Medical billsThere was a recent article at LearnVest (Link) that was of interest. The article details the personal story of a young woman who was diagnosed with MS shortly after her 30th birthday. It is frightening to know that something so terrifying can happen to such a young wife and mother. Being diagnosed was one thing, but then realizing the financial effects of living with disease was something completely different. One of her first visits to the hospital came along with a $2500 medical bill, and that was just the beginning. Even with great major medical insurance, she realized that this disease could potentially bankrupt her whole family.

An unfortunate illness like this can happen to anyone at anytime with very little notice. This is a family that did everything right. They saved and lived within their means, maxed out their IRA’s and had no debt. However, even after having done everything by the book, they found themselves draining bank accounts and retirement accounts. Money they spent their lives saving, almost gone within an instant. Now imagine if they didn’t have any money saved. How much faster would their financial life be on a downward spiral? How would they ever be able to keep up with the bills and keep a roof over their head? This isn’t an unique situation either. Majority of the bankruptcies filed are due to medical problems.

Money might not be able to save your life, but having as much cash on hand when something goes wrong will likely make things a lot easier. Combined Insurance can help make sure that if something like this happens, you have a large lump sum of tax free cash paid DIRECTLY TO YOU upon initial diagnosis. We can make sure that you don’t have to immediately start draining your savings, or worse, not have any money to pay your bills or feed your family.

Our Critical Care Protector will pay a lump sum of up either $15,000, $25,000 or $50,000 tax free cash DIRECTLY to you upon initial diagnosis of a major illness like MS. You choose the benefit amount! What’s even better, it also covers 11 other critical illnesses including heart attack, stroke, cancer, major organ transplant and many more!