Is Critical Illness Insurance Important? 
Critical illness insurance represents an excellent , cost effective way to alleviate the added strain on one 's finances if a named illness strikes . With a surprisingly high number of people being diagnosed with cancer and heart disease , for instance , having protection against these occurrences could help in several ways . As your health insurance coverage is moving to a higher deductible , the coverage can be used for deductibles and co-insurance responsibilities . In addition , with the likelihood of there being lost work time , the funds can be used for income replacement . Finally , If treatment is needed at a special clinic or facility , then having the funds to cover travel and lodging costs is important . Remember , insurance creates peace of mind ! 