Benefits of Having a Critical Illness Income Protection Plan for Your Family


Posted January 29, 2019 by oliversanan

January 30, 2019: A life insurance policy available through the lifeinsuranceabroad.com may secure the future of the beneficiaries in the absence of a policy-holder.
 
January 30, 2019: A life insurance policy available through the lifeinsuranceabroad.com may secure the future of the beneficiaries in the absence of a policy-holder. However, an individual may lose the earning capacity despite being alive due to a critical illness or an injury stemming from an accident. Your illness or injuries may render you incapable of earning any money. This may push your family members towards financial distress and towards a life of uncertainty. The exclusive features of CIIP plan are most helpful in this scenario.
The CIIP stands for Critical Illness Income Protection plan that safeguards the future of your family member if you lose the earning capacity due to an ailment or an injury after an accident. The benefits you receive from a CIIP plan of lifeinsuranceabroad.com allows your family members to pay for the expenditures of your medical or surgical care and to pay for other requirements. The lump-sum benefit available through this plan also gives your children the opportunity to pursue higher studies despite your inability to earn any money. You cannot avail this facility through a traditional life insurance policy available through any leading company.
A recent study on the possibility of critical illnesses shows that an individual is 4-5 times more likely to live with a critical illness or a debilitating injury after an accident. Hence, it is prudent to purchase a CIIP plan that saves your family members from moving towards a financial distress due to your disability or illness. The critical illness income protection plan saves you from using the money of your retirement fund or savings on your medical treatment. Hence, you may secure the future of your family members despite different types of physical inabilities.
U.S. & Canada
Hamilton Hudson Ltd.
2885 Sanford Avenue SW
Grandville, MI 49418
+1.616.723.8494
[email protected]
http://lifeinsuranceabroad.com/
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Contact Email [email protected]
Issued By lifeinsuranceabroad
Phone +1.616.723.8494
Business Address Hamilton Hudson Ltd.
2885 Sanford Avenue SW, Grandville, MI 49418
Country United States
Categories Finance
Tags critical illness
Last Updated January 29, 2019