Of the 400 women polled, 80% say they have “experienced some kind of financial hardship from the disease.” These include, lost income because they’ve had to take time off work for treatment and recovery, as well as many out-of-pocket expenses related to getting well. The network went on to characterize this unfortunate reality as a “double whammy” for the women battling the disease.
Not knowing where to turn, 44% of respondents admitted they used their savings to cover the cost of the fight and 27% went into debt as a result, while some went on disability or had to quit their jobs because they were in too much pain and 16% lost their jobs outright.
“I had to leave my job because I knew that physically, I would be unable to continue it,” Linda Glasier, who had been a nurse for 35 years, told the Sun. Once she left the hospital, she also lost her group insurance benefits and had to resort to personal income to cover the cost.
The most tragic thing about her story is that dipping into her personal savings and driving herself into debt did not have to happen. Critical Illness insurance is a living benefit that pays out a lump sum, in most cases, within 30 days after you are diagnosed with a covered condition, including breast cancer. The funds are designed to cover the cost of your treatment and any out-of-pocket expenses you may incur over the course of fighting many serious illnesses.
I was looking around on the internet when suddenly I saw the LSM Company website, and they immediately contacted me through MR. SYED RAZA. With his exceptional patience and warm accommodations, I felt very comfortable with the service he gave me and he answered all the questions about my existing Life Insurance, through him I’ve learned so many things and the best part is that he never pushed me to take anything from his presentation. He gave me enough time to choose and know what I really needed at that time. May I mention too, that unlike other agents that will just call you because you haven’t bought anything from them yet, I’m very proud to say that until now, SYED and I are still communicating after I decided what to get. For that, I will definitely recommend him to anybody. Thank you Syed, you’ve really given me a two thumbs-up service!
Thanks for the note. The plan pays out a lump sum payout in the event the insured is diagnosed and survives the waiting period on a covered Critical Illness. The cost depends on the on the amount of coverage and the type of plan. Some Critical are level for 10 or 20 years whereas others are level for life and some offer a return of premium feature.
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Thanks for the note. The plan pays out a lump sum payout in the event the insured is diagnosed and survives the waiting period on a covered Critical Illness. The cost depends on the on the amount of coverage and the type of plan. Some Critical are level for 10 or 20 years whereas others are level for life and some offer a return of premium feature.