I was recently reading an article about actor, James Van Der Beek– age 47, talking about the financial toll that cancer takes on patients including himself. He is married with 6 children ages 14-3.
I did a quick search and found that his net worth is estimated to be around $8 million. If he’s concerned about the financial impact of cancer, imagine the strain it puts on families with much less. This is why having a Critical Illness policy is so crucial. It can be a key part of your financial foundation. While some might not worry about long-term disability, the fear of a cancer diagnosis is real. A Critical Illness policy can help cover all your health insurance deductibles, so you don’t have to dip into your savings.
Cancer can hit anyone, does not matter about your health. Van Der Beek said, “I’d always associated cancer with age and with unhealthy, sedentary lifestyles. But I was in amazing cardiovascular shape. I tried to eat healthy — or as far as I knew it at the time.”
A Critical Illness policy can keep your financial house from crumbling down.