Cancer, Heart Attack & Stroke Insurance

KEY POINT: To begin with, underwriting does not ask family history or hold it against the applicant and does not use zip code ratings which is especially important given Cancer clusters!
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When someone receives a cancer diagnosis or suffers a heart attack or stroke, the last thing they need is to worry about how to pay their bills. Cancer, heart attack and stroke insurance is designed to provide lump-sum cash benefits that can be used for medical and non-medical expenses so a person can focus on getting well instead of how much it cost to survive!

​Want to check out of how a TX Policy works for your clients?  Click for a Specimen Policy to Review.

The Odds of Survival Are in Your Client's Favor
If your clients receive a cancer diagnosis, the cancer product can allow them focus on getting well, not worrying about finances.

The Perfect Complement to Existing Coverage
Critical Advantage℠ Products can be a great addition to your client's existing coverage.

Cancer Insurance Pays for Out-of-Pocket Costs
Cancer Insurance pays for the cost of surviving a cancer diagnosis

Stand Alone Cancer Product Overview
Upon diagnosis of cancer (internal cancer or malignant melanoma), the insured will receive a lump-sum payment of 100 percent of the benefit amount selected. Once the benefit has been paid, the policy will end, unless benefits continue under an attached rider.

• Issue Age – 18 to 89
• Dependent Children – Dependent children are eligible for coverage through age 25 or until date of marriage, whichever occurs first.
• Family Coverage – Either partner on a family plan may be the primary insured. Premiums will be based on the age of the oldest insured.
• Express Underwriting: $10,000 to $50,000 -Only 3 health questions for Express Underwriting
• No family history questions
• Cancer look back is 10 years
• Testing look back is 3 years
• Unisex premiums
• Outcomes-Issue Standard or Decline
• 30-Day Waiting Period – A 30-day waiting period begins on the policy effective date.
• Guaranteed Renewable – The coverage is guaranteed renewable for life or until the end of the term period.

Heart Attack & Stoke Product Overview
Upon diagnosis of heart attack or stroke or the performance of coronary angioplasty surgery or coronary artery bypass surgery, the insured will receive a percentage of the benefit amount selected in a lump-sum payment:

• 100 percent face amount payout for heart attack or stroke
• 25 percent face amount payout for coronary angioplasty surgery or coronary artery bypass surgery (payable once) 
• Issue Age – 18 to 89.
• Dependent Children – Dependent children are eligible for coverage through age 25 or until date of marriage, whichever occurs first.
• Family Coverage – Either partner on a family plan may be the primary insured. Premiums will be based on the age of the oldest insured.
• Express Underwriting: $10,000 to $50,000
• No family history questions
• Heart attack and stroke look back is 10 years
• Look back for treatment and testing is 3 years
• No high blood pressure question
• Unisex premiums
• Outcomes-Issue Standard or Decline
• Guaranteed Renewable – The coverage is guaranteed renewable for life or until the end of the term period.

You can combine all 3, Cancer, Heart Attack and Stroke all into one policy as well!

A lump-sum cash benefit is payable upon diagnosis of cancer, heart attack or stroke and can be used any way the client chooses. Extra cash can help:

• Replace lost income while recovering
• Pay ongoing expenses, like mortgage payments, groceries and utilities
• Pay health insurance deductibles and co-payments
• Hire home health care or child care services
• Travel to receive treatment

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