Illness Insurance

It is a type of insurance that pays you, if you have a heart attack or cancer diagnosis. If we do not suffer or die from certain diseases, then the recipient must have the premium previously paid to the insurance company.

This is not a bad deal. Suppose you do not die of cancer?

But you might do better to buy life insurance, which pays for everything aboutanything you might die.

When I worked in insurance, we called the accident "submarine in the policies of Kansas."
The odds of being in a submarine accident in Kansas is remote soooo ...
With limited policy like that, you ask "Is this a good deal", and, if so, who?

I do not say: "Do not buy it." But you can be insurance poor.

Until the premium is affordable for you and you may think you are in a risk category, there is great use of your money. Sometimes being out of work for long periods of time can be a horrible experience. If you are unable to work due to serious illness like cancer, heart attack, stroke, etc., you most certainly could use the money to maintain current living expenses. Being sick and having to re-cut over the months can be a real constraint to anyone. Having one year of salary payable to you (or more) can really help a family, as bugs280.

If you are thinking about buying critical illness insurance as an investment, so u better tools available in other investments in the market. This is because the purpose of insurance is to cover living expenses during heart disease strikes. And I do think the insurance company only pays money when uu died of a disease is diagnosed only if u one of the diseases. If the term insurance are only mentioned is worse then u if u treat it as investment tools and ..

It pays for my mother's brother. She was diagnosed with breast cancer last year and been going all treatments, chemo and all that. The benefits of the policy were kept away from the poor house.

This is a waste of money - you need to have health coverage type that does not pay what is wrong with you.

I do not believe in insurance. Its better if you invest your money in a company and a contractor. Now is a good investment. The question is: What is a good thing to do?