Critical illness insurance provides money to help supplement lost wages, living expenses, and non-covered costs like deductibles and co-insurance in the event of a covered illness. Many critical illness policies cover heart attacks, stroke and cancer.
American Insurance Organization’s critical illness carriers help give clients an extra piece of mind in the case of the unthinkable. Deductibles are rising into the thousands, and co-insurance can be as high as 50% after deductible. Considering almost 40% of Americans will be diagnosed with some type of cancer in their lifetime, and approximately $110 billion is spent on coronary heart disease per year (includes the cost of healthcare, prescriptions, and lost productivity), critical illness insurance is almost a requirement in this day and age.
AIO offers both Critical Illness, and stand alone Cancer policies from various supplemental carriers.
Some industry experts would say the health insurance industry has been under attack for the past few years. While many agents, agencies and FMOs are struggling to adapt to the constant changes that come with healthcare reform, here at American Insura...