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Article: MetLife Launches New Critical Illness Insurance Products; Innovative Solution Designed to Provide Financial Support During Treatment & Recovery.
- Article from:
- Business Wire
- Article date:
- March 28, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- MetLife today announced the launch of its new Critical Illness Insurance products designed to meet the changing financial protection needs of consumers. Americans of all ages are surviving serious illnesses at increasing rates due to medical breakthroughs and earlier diagnoses. For example, according to the American Cancer Society, five-year cancer survival rates have risen to 64% from 50% in the 1970s. However, research has also shown that a majority of individuals are living paycheck-to-paycheck and the increase in expenses created by a serious illness can cause financial hardship.
MetLife's new Critical Illness Insurance products cover six ...