See how Critical Illness Insurance Can Support You When Suffering With Breast Cancer.
In addition to the onslaught of the disease, it’s no secret that breast cancer sufferers face a gargantuan monetary burden.
As a result it will come at no surprise to see the results of a survey reported by The Canadian Breast Cancer Network confirming this. Economic hardship was published by over three quarters of the 400 women who completed the survey. Travelling for treatment and check-ups, loss of wages and many other expenses were documented. The network went on to inform us this troubling reality as a “double whammy” for the women battling the disease.
The statistics unveiled that nearly half the respondents said they had to use savings and a quarter went into debt, some went onto disability or had to leave their jobs and 16% actually lost their jobs. One of the women surveyed had been a nurse for 35 years could no longer cope with her job physically, as a result had to leave. Unlucky for her, giving up work meant the loss of her group insurance benefits and she had to rely on saved income to carry her over.
The most tragic thing about her story is that dipping into her personal savings and driving herself into debt did not have to be the result. Critical Illness insurance covers many medical problems, breast cancer is one of them, it will pay out a lump sum of money to you often within 30 days of being presented with the diagnosis. Although not just for breast cancer, this type of scheme is there for this type of problem, too help with those additional costs you may incur.
LSM Insurance works with more than 13 different insurance companies many of them deal critical illness quote to cover over 25 critical Illnesses.
Tags: critical illness, Insurance