Health risks and uncertainties are part of life. While getting sick is not something you can plan, you can better prepare for it by ensuring that you and your family have the appropriate financial protection when it does happen. Health insurance provides comprehensive coverage against critical illnesses and hospitalization and allows you to live life with less worries. Read on to know why you need it and why you should get one immediately.
Health insurance like critical illness insurance allows you to allot more of your savings to other important matters like your retirement and investments. Regardless of your plan inclusions, health plans can cover unexpected medical expenses that can siphon off your savings in one go. With you and your family protected, you’re free to allow your savings for other goals with confidence— buying your dream house, getting your master’s degree, or sending your children to college.
Medical emergencies, especially critical illnesses, may require multiple expensive treatments. A critical illness insurance coverage can help cover majority of these medical costs, including post-treatment, without making a dent on your savings.
Fortunately, health insurance coverages are evolving to include more diseases and policies relevant to patient care.
FWD Insurance’s Set for Health offers financial protection for both major and minor critical illnesses. More than that, it allows you to claim up to three times for unrelated critical illness diagnoses. This way, you get to focus on your recovery without the added burden of thinking where you’ll get the money for payments.
Protection for your family and for yourself
While not all heath insurance provides death benefit to family/beneficiaries, there are some that do.
FWD Set for Health, for instance, gives 100% of your plan’s coverage amount to your family/beneficiaries in case of death. This is on top of the money you will get if you get diagnosed with critical illness. If you stay healthy and not make a claim until age 75, you get all your premiums back, which you can use to enjoy your retirement.
Peace of mind
With health insurance, you’re able to gain peace of mind and security, knowing that you and your family are protected from unexpected medical expenses. That’s invaluable reward in itself.
Schedule a free session and learn more about FWD’s health insurance plans.