With Critical Illness Insurance you could get a cheque from the insurance company for every premium dollar you paid over the life of the contract. There is no other insurance product that allows you to receive all your premiums back if you don’t use it.
In the below example, during the 35 years of coverage, you are entitled to $100,000 tax free if you survive a major illness such as Cancer, Heart Attack, or Stroke for at least 30 days. There are many more covered conditions, however, these three are the most common that people will experience. Perhaps you know someone?
|Female age 40
|Coverage to age 75
returned @ age 75
Imagine you received a check today for almost $60,000.
Now imagine your retired self receiving this cheque to supplement your retirement income.