Archive for: long term care insurance

Critical illness insurance is a type of medical insurance where the person insured is usually paid a lump sum if and when he/she is diagnosed that the person covered under the policy is suffering from a critical illness. It may be a serious illness or a disabling injury. The amount [...]

People are living longer today. Although survival rates are on the rise for many medical conditions, a debilitating or critical illness and the costs associated with loss of income can lead to medical bankruptcy. This is where critical illness insurance can help. A 2008 study by the American Cancer Society [...]

Due to old age, mental or physical illness, or injury, some people find themselves in need of help with the basics actions of everyday life. Long-term care insurance covers you for this and lifts the burden of care from yourself and your loved ones. If you are planning to purchase [...]