When diagnosed with a critical illness, customer up to age 65 can receive a cash payout when they are covered by critical insurance quote. This important protection can be extremely helpful in times when a new diagnosis may be frightening and you may be worried about money.

Critical illness cover coverage is available with a minimum of $5,000 up to $100,000 in annual benefits. The plans can be purchased for either a 10 year or 20 year period, and also include life insurance that offers a choice of $2,500 up to $200,000 in benefits.

In the event of a covered medical event, the full 100% critical illness benefit is paid to the insured person. The illnesses covered by critical illness insurance coverage include invasive cancers, heart attack, stroke, kidney failure, coma, blindness, major organ transplants, major burns, deafness, and loss of limbs or paralysis.

In the event of a coronary artery bypass graft, cancer that hasn’t spread, advanced Alzheimer’s disease or heart valve surgery, critical illness insurance pays out at 25% in partial coverage. In these cases, the maximum benefit amount is not available.

Before signing up for a plan, customers should carefully look at the critical illness insurance exclusions listed in the policy. Those who have already been diagnosed with a disease or have already received medical care for an illness are not eligible for these types of plans. The exclusions are designed to prevent those who are already sick from trying to purchase coverage.

The critical illness exclusions not eligible for benefits include: claims related to pre-existing coverage, claims resulting from a hazardous occupation, claims relating to an illness that occurred within the required 30 day waiting period , and cancers that are diagnosed within the first 90 day waiting period.

Critical illness insurance quote rates are dependent on the gender, age, term of coverage and Plan Coverage limit. Interested customers can receive a quote via email by submitting their information via an online form.

To ensure that you meet the guidelines for coverage, be sure to review the details of the critical illness insurance coverage carefully. Don’t forget that you aren’t eligible for coverage if you are already sick or have already received treatment for an illness.

Dan Miller frequently writes about critical illness insurance

-- Download Critical Illness Insurance Plan Safeguards You as PDF --