Insurance Center

Let’s say the breadwinner in a family is suddenly struck by a serious illness that leaves him unable to continue working. He has health insurance but either he doesn’t make a full recovery or it’s going to take him a long time to get back on his feet. What happens? Is he covered by his health insurance? What about things like the mortgage he was paying, the payments on his car, the loans he took from work, the children’s education, etc?

To make this question even more relevant, many people do not consider that a serious illness, assuming that they recover, could leave them with some form of disability or long term health impairment, so they never bother to make this inquiry.

There are insurance companies who provide health insurance that will cover this event, but it may take a while to find the right company. The subject may also not strictly fall under health insurance but may have drifted into the realm of general insurance or some other insurance that covers the specific item mentioned, such as mortgage repayment insurance or disability insurance.

Next time you are talking to your insurance agent about health insurance, ask him this question.