Critical Illness Coverage

critical illness coverage

When a critical illness strikes, are you financially prepared? The financial expenses when you’re diagnosed with cancer or heart disease, for example, can easily drain your nest egg. Even though you have health insurance, it’s not a guarantee that all of your medical expenses will be covered. In addition, if you have a high-deductible policy, you’d end up paying thousands of dollars even before your coverage starts.

Critical IllnessThere are many additional costs you may face when if you have a critical illness. These could include travel expenses, loss of income, counseling, or alternative treatments, such as nutrition therapy or acupuncture – all expenses that will probably not be covered by Medicare, or under your Medicare supplement policy.

With a critical illness policy, you’ll have the money to get a second or third opinion or even travel to see specialists, and it assures you’ll have access to all the top-notch medical care you’ll need, without suffering financially.

Critical illness plans help you focus on getting well and are designed to give you peace of mind and financial security to help you through a difficult time.

How Critical Illness Plans Work

Once you are diagnosed with a critical illness, the policy will pay out a lump-sum benefit. The amount you receive will vary based on the medical condition, carrier, and plan type.

The cash you receive from the carrier can be used to pay for:

    • Caregivers
    • Diagnostic procedures
    • Home health care
    • Insurance co-payments and deductibles
    • Rehabilitation
    • Uncovered or additional prescription drugs

You can also use it to assist with your day-to-day expenses such as food, gas, household bills, mortgage payments, and lost income.

Covered Conditions

Listed below are some of the common medical conditions covered by a critical illness plan .

Advanced Alzheimer’s Disease Heart Attack Major Organ Transplant
Angioplasty Invasive Cancer Paralysis
Coronary Bypass Surgery Loss of Independent Living Stroke
End Stage Renal Failure Major Burns Terminal Illness

Critical Illness Carriers We Offer

MediGap Advisors offers individual and family critical illness coverage options from top-rated carriers in the country.

Cigna Supplemental Benefits (CSB) – CSB specializes in Medicare Supplement, Cancer, Heart, Stroke, Critical Illness, Hospital Surgical and Accident polices.


Want more information on critical illness coverage? Get a fast quote online today by clicking the individual carrier links above or speak with your MediGap Advisors’ Personal Benefits Manager at (866) 323-1441.