Another similar type of policy is a Hospital Indemnity plan. This insurance can be particularly helpful in the case of a hospitalization to cover unplanned medical bills or other out-of-pocket expenses related to your hospital stay.
Critical illness policies started in 1996 to solve the problem of insurmountable medical bills after a diagnosis or a hospitalization. Even with an excellent health insurance policy a family can be burdened with financial hardship. As time has gone by the average person has a longer life expectancy. These are situations we may all face at some point.
Of course, there are many details and possible obstacles to face with these insurance policies. We here at BEW Financial Solutions are always available to your for guidance and assistance to find the best fit for you and your family to feel secure and safe in any insurance related decision.
Contact us today to learn more, and get started on protecting your finances in the event of issues with your health.