CASH: Cancer, Accident, Stroke, and Hospital Indemnity Plans

CASH: Cancer, Accident, Stroke, and Hospital Indemnity Plans

Thank you for joining our post series! Today, we will be focused on you, the consumer, and the word CASH.

What Does CASH Stand For?

Not in the sense you might think of when you first hear the word cash, but in a real, practical life saving sense. So what does cash stand for? Cancer, Accident, Stroke, and Hospital Indemnity plans. These are some things to consider, and think about if you have anything in reserves (money-wise) for if any of these ailments happen.

What are Cancer, Accident, Stroke, and Hospital Indemnity Plans?

Today, we want to touch base on the cancer, heart attack, and stroke insurance plan. It’s about what happens to you as a consumer when something like that occurs. There’s a statistic in this plan that shows that 53% of any of the costs associated with any of these ailments are indirect costs. What do they mean by indirect costs? This could mean covered medical copayments, deductibles, prescription drug copays, and even payments for experimental treatments and surgeries. Or, providing cash for car and mortgage payments, allowing extra time off of work, even a recuperative trip.

Why Do You Need One?

These days, the chances of you surviving any of these ailments is pretty high. Technology has us all connected, and advances in medicine have enabled life saving devices, such as defibrillators. This is why it is important to have a back up plan in case one of the following ailments affects you or your family. The plan will pay you a lump sum when diagnosed with a covered ailment. These cancer, accident, stroke, and hospital indemnity plans are relatively inexpensive, and can mean the difference between going into debt and paying off your bills.

Since insurance is often times overwhelmingly confusing, we want to shed light on this industry by answering YOUR questions.  So if you have any questions or concerns, comment below and your question may be the topic of our next video!

Contact a representative to help you understand your healthcare and financial needs.
Or call us directly at 1-888-446-9157

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