Texas Health
Insurance
Options
What to expect
financially if critical or terminal illness calls.
How an "Accelerated Death Benefit" can help!
The good news is that people are living longer
and in many cases overcoming "critical or terminal
diagnosis" through successful medical treatments.
However, the bad news is for those that survive
they are left in financial devastation (debt, lost
homes, second mortgages). Unexpected debt creeps
up on you with "out of pocket costs" from your
insurance plan's deductibles, copays and
coinsurance limits. In many cases, your health
insurance premiums skyrocket over time. Even
after you have received a clean bill of health,
your premiums will increase substantially over
time on your anniversary (irregardless). Even more
of a problem is that many other carriers will
decline coverage for a personal plan when you go
out to shop. I can't tell you of the hundreds of
people I have worked with over the years in
helping them deal with this problem. Many clients
are forced to go back to work to seek employer
coverage (irregardless of how they feel). All
being said....I decided to track down a plan that
is affordable and couple it with life insurance
which everyone needs. Many hours of worry
and debate can be avoided by simply planning to
include....Accelerated Death
Benefit Rider
What is it?
It is a
term life insurance policy with an rider called
"Accelerated Death Benefits" - You may receive 75%
of your insurance amount in advance - up to
$250,000 - in the event of terminal illness (We
advise our clients to purchase this coverage to
fund your health insurance premiums and out of
pocket costs. Expenses sky rocket overall when
treating terminal illness. Experimental treatments
are not normally covered by insurance
policies...so the cash comes in handy to pay for
that as well as expenses in general. All too many
times, I see clients devastated financially
because of mounting bills in these situations.
Remember that statistically you will live longer
rather than pass accidentally due to medical
technology).
Why do I recommend this product? Over the years
I have seen many clientele unfortunately fall into
bad health. I mean, extremely serious stuff like
cancer, debilitating strokes, disease, etc. The
trend I see as I stay close with these clients is
as follows>
1) Their health insurance
policy does pay a majority of the claims. BUT it
does not cover experimental treatments which I see
many clientele try which runs into the thousands.
Many of these treatments are successful and have
extended life and quality of it.
2) That
opens the door of "financial hardship"....people
are living longer despite being diagnosed from
terminal to critical illnesses. To live longer is
great BUT to afford the many out of pocket costs
associated can devastate a family.
3) All
too often I see health insurance premiums
skyrocket into several thousand dollars a month to
continue coverage of expensive medical bills.
Solve these three main problems by having a
very affordable life insurance policy that has an
"Accelerated Death Benefit" rider built in. Please
be expecting an email titled "Instructions for
applying" to arrive shortly. I will also follow up
at a latter date with you on some more helpful
tips. Please feel free to contact me with any
questions.
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