Most people underestimate their chances of being diagnosed with a critical illness like cancer, heart attack, or stroke. But the statistics are actually quite shocking:

– 1 in 2 men and 1 in 3 women will develop cancer in their lifetime. 

– Every 40 seconds, someone has a heart attack in the United States. About 805,000 Americans have heart attacks each year.

– American’s have a 1 in 6 lifetime risk of stroke. Every year, 795,000 people in the U.S. have a stroke. 

– 1 in 3 adults have high blood pressure which significantly increases risk of heart disease and stroke.

Yet surprisingly, less than half of U.S. adults actually have critical illness insurance, according to LIMRA. This type of coverage is designed to pay out a lump sum upon diagnosis of a covered illness to help cover medical bills and daily expenses. Payouts can be as high as $50,000 or even $100,000 cash.

For example, when Jen was diagnosed with stage 2 breast cancer at age 43, her $75,000 critical illness policy paid for her out-of-pocket treatment costs so she didn’t have to wipe out her savings.

With the high rates of serious illnesses, critical illness insurance is financial protection you hope to never need, but will be grateful to have if the unfortunate happens. Be sure to get a free quote to have this vital coverage