Get An Insight Into The Limitations Of Health Insurance Cover With This Report

Jul 29, 2020

Gilbert Aguirre Insurance is a specialist provider of quotes for a range of insurance types. The company has launched a special report to compare the limitations of health insurance when compared to critical illness insurance.

Do you know how critical illness insurance compares to health insurance cover? Do you know how you would pay your expenses if you became critically ill? Do you want expert advice on this type of insurance? If you have answered ‘yes’, this report is for you!

A special report has been launched to assess the advantages of critical illness insurance coverage as unexpected expenses can deplete a family’s life savings fast. Gilbert Aguirre Insurance provides you with quick quotes for a variety of insurances from life, illness, disability, accident, senior, dental, and vision.

You can find out more at https://insuremenowdirect.com/how-to-deal-with-the-costs-of-critical-illness

The newly launched special report says critical illnesses such as cancer, heart attack, stroke, or Alzheimer’s disease can happen suddenly and result in significant long-term implications for you and your family.

Critical illness treatment varies depending on the nature of your illness. To give an example of costs, the report says the average cost of cancer drugs is between $24,000 to $36,000 for a year. If you or your loved one are recovering from a stroke, you can expect to pay an average of $15,000 for 90 days of treatment.

Additionally, the average out-of-pocket costs for health care and long-term care services if your loved one is aged 65 and over with Alzheimer’s disease is estimated to be around $10,000 per year. While a primary health care policy will cover many of your health-related expenses, the number of other costs to consider can quickly build.

For instance, insurance shortfalls include deductibles, co-payments, and benefit limitations. Your living expenses can quickly mount whether that is the cost of house payments (rent or mortgage payments), utility bills, or groceries. If you are main provider and you are unable to work and earn an income, that can impact your family finances.

The report asks you to consider your personal situation and whether you have sufficient emergency funds to cover your costs during an unexpected crisis. You are encouraged to think about how you would access emergency funding and whether you would be able to borrow money, take out a loan, or quickly access your savings.

A company spokesperson said: “Critical illness insurance, such as those from a number of great carriers, works with your major medical insurance to help protect you and your family. It provides benefit payments directly to you, so you and your family can focus on your recovery, not your finances.”

You can read the report via the link provided! Alternatively, you can get a no obligation quote at https://quotebuyonline.com.

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