Question

Find information about a disease coverage insurance policy. Describe the benefits, coverage, and costs of the policy. Does it coordinate if you have another form of health insurance? Why or why not? Are there people for whom this type of coverage is a good idea? Give me specific examples and or reasons why or why not.

1. List the name of the disease that you are planning to purchase the policy for
2. Give me information on the policy to the extent that I would be able to purchase the policy and understand what it covers from reading your assignment
3. Cite all sources used
4. Maximum of three pages (Must be specific enough that I could purchase the policy if needed without having to do a lot more research on my own.)

Answer 1

Health insurance policy covers serious and long term illness that requiers an expensive medical treatment, most health insurance plans provide critical illness rider cover on premium that helps the insured pay for exorbitant hospitalization and treatment expences,buying a critical illness best health insurance policy is a foolproof way of securing the future aginst critical illness, it will provide with a lump sum amount upon diagnosis of coverd critical illness.

For select an ideal critical plan follow some parameters according to the need of the individual

Sum insured

waiting periond

survival period

number of disease covered

Renewability age

Generally the critical inllness incurance plan covers the follwing illness

Heart attack

Cancer

coma of specified sevirity

Renal failure

bypass

Stroke

Multiple sclerosis

aneamia

Deafness

End stage lung disease

burns

loss of speach

etc