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Article: CRITICAL ILLNESS INSURANCE: READY FOR PRIME TIME?
- Article from:
- Rough Notes
- Article date:
- December 1, 2007
- Author:
CopyrightCopyright Rough Notes Co., Inc. Dec 2007. Provided by ProQuest LLC. (Hide copyright information)
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Popular in overseas markets, the concept is gaining interest in the U.S.
"Everyone is especially sensitive to just how precarious their financial security may be. Critical illness insurance speaks directly to that concern."
-Wilma G. Anderson
President
Senior Care Associates
Critical illness insurance, which pays cash benefits to policyholders upon diagnosis of specific diseases and conditions, is gaining renewed interest in the United States, according to underwriters and other industry experts. Some may remember the cancer insurance coverage sold in the 1970s and 1980s that paid non-medical benefits to persons receiving treatment for cancer.
As critical illness coverage starts to attract ...