Critical Illness Insurance offers coverage that takes
effect at the time of diagnosis of a listed illness. Typical
covered illnesses are heart issues, kidney issues, and cancer.
Cancer insurance specifically offers benefits upon the occurrance
of cancer. The policies typically pay an unrestricted indemnity
that the client may use as he sees fit. This kind of insurance
is a nice companion to a high-deductible health policy since
it can cover the deductible for a major illness which is
a prime cause of high medical bills. The payment can also
be used to cover family expenses while adjustments are made
to accomodate the illness. Premium rates are usually very
standard with little underwriting.
Scherrer Financial Services offers critical illness
and cancer insurance from several companies, and can help
find others that might be appropriate.
Investment Advisory services are not performed by the following