As a subset of life insurance, critical illness coverage provides beneficiaries with a lump sum payment upon diagnosis of a covered critical illness.
A deeper dive into Critical Illness Benefits
We know how distressing it is to get a terminal illness diagnosis. Countless customers who have had their critical illness claims denied have enlisted our help in getting their cases resolved.
The scope of my critical illness policy is as follows:
Cancer, Alzheimer’s, Parkinson’s, AIDS, ALS (Lou Gehrig’s Disease), and heart attacks are just some of the severe illnesses that may be covered by a critical illness policy.
In what ways will I be helped by this diagnosis?
It is common practice for insurance companies to impose a “survival period” once a diagnosis has been made, during which time the policyholder must be alive in order to receive payment. The prognosis for recovery time varies widely from disease to disease.
The purpose of this insurance is to help cover the costs of medical care, medical equipment, and attendant care (such as nursing) if you become very ill and are unable to work.
My critical illness claim was rejected, now what?
You have the right to appeal the insurance company’s denial of your claim for critical illness coverage. Quickly consulting with an attorney is strongly recommended. Our critical illness lawyers team can assist you in getting the benefits you paid for.