It is so expensive to get sick, especially if you’re diagnosed with critical illnesses like chronic kidney disease or kidney failure. Critical illnesses not only cripple your health and dampen your spirit, but they’ll also drastically affect your finances and your family’s, too.
Critical illness plans like FWD Life Insurance’s Set for Health are designed to protect you from the high costs of getting sick, so when the time comes, you’re ready. Here are all your questions answered.
If a specific disease runs in your family, you may already know the treatment costs. You may now be looking into critical illness insurance. But the question remains: how much coverage should you get? Aside from the actual cost of treatments, here are other considerations you need to look into before buying that insurance plan:
Check what critical illnesses are covered under the plan before purchasing. Moreover, assess if the diseases that run in your family are in the list. Remember you are more prone to get it if other family members dealt with them as well.
FWD Set for Health, for instance, covers 42 major and 15 minor critical illnesses until you reach the age of 75. It is one of the most comprehensive critical illness plans in the market, if not the most, as it offers protection against three unrelated major critical illnesses. So you get three times protection for the price of one.
Some of the illnesses it covers are:
Different insurance companies have different sets of policies when it comes to pre-existing conditions like diabetes and epilepsy. Unfortunately, not all of these can be covered.
But aims to give you more protection. If you are diabetic or epileptic, these are their considerations in assessing your application for critical illness insurance:
FWD Set for Health also covers critical illnesses brought about by COVID-19 complications, giving you a financial reprieve in case of a coronavirus emergency. This plan also makes things more convenient with easy-to-pay options for a minimum of PHP 6,000, yearly.
Critical illnesses are now considered financial expenses that you should prepare for to help you live life with less worries. Fortunately, with FWD’s rates you can, actually. So, don’t let the possibility of getting sick stop you from living the life you’ve always wanted.