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Critical Illness Insurance for children

Curtis Haigh Blog

Children Playing Outside in the fall with leavesCritical illness insurance for children is an important topic that many parents may not be aware of. This type of insurance provides financial support to families in the event that their child is diagnosed with a serious illness such as cancer, heart disease, or a severe injury.

While many people believe that children are not at risk for critical illnesses, the truth is that illnesses such as cancer and heart disease can affect children of all ages. In fact, according to the American Childhood Cancer Organization, cancer is the leading cause of death by disease in children under the age of 15 in the United States.

When a child is diagnosed with a critical illness, it can have a significant impact on a family’s finances. Medical expenses can quickly add up, and parents may need to take time off work to care for their child. Critical illness insurance can help alleviate some of the financial burden by providing a lump sum payment to the family to help cover expenses such as medical bills, transportation costs, and lost wages.

Many parents may not realize that critical illness insurance for children is available. It is often included as a rider on a parent’s life insurance policy, and can be purchased separately as well. If a child is diagnosed with a critical illness, the policy will pay out a lump sum benefit to help cover expenses.

It’s important to note that critical illness insurance for children is not the same as health insurance. Health insurance covers the cost of medical treatment, while critical illness insurance provides financial support to the family to help cover expenses related to the illness.

Critical illness insurance is an important coverage to consider for children. It can provide financial support to families in the event that their child is diagnosed with a serious illness, helping to alleviate some of the financial burden associated with medical treatment.

Our office provides quotes through multiple reputable insurance companies for this important coverage.  We will find you an appropriate policy that meets your needs, and is cost effective.