Providing Security For The Elderly
- Author Francisco Segura
- Published May 3, 2008
- Word count 438
Surely planning for any eventuality regarding your health is a wise decision; which is why it is essential critical illness insurance cover be considered from a young age. Providing financial peace of mind for your family by taking out protection for a mere few dollars each week, does not seem as important to most of us as having that luxury cup of coffee every day during lunch.
Insurance providers, acting on the statistical information they receive from research institutes now offer this type of protection to every one of their customers.The figures speak for themselves with around twenty percent of men diagnosed with a critical condition before they reach retirement. Although women fare a little better with a one in six chance this does not make for pleasant reading.Lack of knowledge or belief in the chances of contracting an illness like this might be the main reason why so few adults take out critical illness insurance protection, according to insurance companies. Although this type of protection is taken out for many reasons, the majority of people use it to protect their mortgage repayments but these days, critical illness cover and life insurance can be linked directly with mortgage repayments.Since the advent of the Internet as a marketing and sales tool, insurance companies have promoted their products online and in recent years there has been an increase in online insurance applications. There are still some teething problems with this type of facility with insurance companies realizing it may not be as easy as they thought. This is because many insurance providers who offer this type of coverage wish to have the applicant take a medical examination by an independent physician to ensure there is nothing untoward right from the start. Claimants also need to know that if they do make contact to their critical illness insurance provider that they will be listened to with a sympathetic ear.Some groups of people will automatically enter a high risk category like those who either smoke or have given up within the previous twelve months. Whilst smoking is considered a serious risk to a person's health, there are other considerations that are taken into account; for instance the work or pastime may be dangerous, you may be in poor health generally or age may be against you. So although a person may be suffering with a terminal illness; critical illness insurance will ensure medical expenses, as well as living expenses are met. Family responsibilities are never easy but ensuring your family is looked after if you are diagnosed with a terminal condition does not have to cost the earth.
Francisco Segura owns and operates http://www.wheelchairsopen.com Wheelchairs
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Timeless Toothcare: Dental Hygiene Tips for Seniors
- Saving Old Smiles: How In-House Dental Discount Plans Help Seniors
- Where You Live Affects Your Likelihood of a Dementia Diagnosis! Here’s What You Can do Medically and Legally.
- The Real Cost Of Being A Carer
- How to Help Senior Parents Adapt to Using a Wheelchair
- Best & Worst Counties for Care in the UK
- Uncovering Elder Abuse in Atlanta, GA: Recognizing Signs and Seeking Justice
- The Latest Innovations in Technology for Seniors
- Things to consider before buying a retirement property
- Is There Any Such Thing as Being Too Old for Dental Implants?
- 4 Reasons Regular Dental Care for Seniors in Assisted Living Is Important
- Paying for Long Term Care
- Why the job of a carer is vital at Christmas
- 7 Things To Know To Help Aging Veterans
- Simple Medical Alert Devices For Seniors
- Seniors Places Connect Independent Living, Assisted Living & Memory Care Communities
- Is It a Miracle or a Coincidence?
- The Importance of Dental Care for Seniors
- How Commercial Cleaning Can Benefit Your Business
- Goodbye Momma...
- Insurance Industry inflicts more pain on COVID affected Care Homes
- Knoxville Funeral Services: Five Benefits of Pre-Planning Services
- The Gentry Griffey Knoxville Funeral Home Understands How You Feel.
- Programs and Services for the Elderly in California
- How To Spend This Summer With Your Elderly Parents
- Cost Of Assisted Living in your State
- Signs of Nursing Home Neglect and Elder Abuse
- The Financial Side of Being a Caregiver
- A Senior Living Neighborhood Can Be Life Transforming
- Management of Hypertension in Seniors | Best Practices