John Ryan

It'll cover those expenses that your basic health insurance does not cover.

That's right. And some hospitalization plans are accident only, which is much less expensive. The perception is that if I get disabled, it's probably going to be an accident. So they'll get an accident only hospital indemnity program. So there's two types of supplements to the basic medical program that an employer may provide.

That's right. And some hospitalization plans are accident only, which is much less expensive. The perception is that if I get disabled, it's probably going to be an accident. So they'll get an accident only hospital indemnity program. So there's two types of supplements to the basic medical program that an employer may provide.

That's right. And some hospitalization plans are accident only, which is much less expensive. The perception is that if I get disabled, it's probably going to be an accident. So they'll get an accident only hospital indemnity program. So there's two types of supplements to the basic medical program that an employer may provide.

Right. And those critical illnesses are illnesses like cancer, stroke, heart attack, diabetes, et cetera. And critical illness insurance can be easier to qualify for than insurance. a full coverage private disability program. So for someone who has difficulty getting that type of insurance, a critical illness policy can be a good backup plan.

Right. And those critical illnesses are illnesses like cancer, stroke, heart attack, diabetes, et cetera. And critical illness insurance can be easier to qualify for than insurance. a full coverage private disability program. So for someone who has difficulty getting that type of insurance, a critical illness policy can be a good backup plan.

Right. And those critical illnesses are illnesses like cancer, stroke, heart attack, diabetes, et cetera. And critical illness insurance can be easier to qualify for than insurance. a full coverage private disability program. So for someone who has difficulty getting that type of insurance, a critical illness policy can be a good backup plan.

Right.

Right.

Right.

Normally it can be a lump sum or an installment payment. Lump sums can be as high as $150,000 for cancer, maybe even higher. You do have options when you buy it. For additional premiums, you can get a higher benefit if you'd like. So you can tailor make each policy based on what your budget is. And what kind of condition is most important to you to ensure?

Normally it can be a lump sum or an installment payment. Lump sums can be as high as $150,000 for cancer, maybe even higher. You do have options when you buy it. For additional premiums, you can get a higher benefit if you'd like. So you can tailor make each policy based on what your budget is. And what kind of condition is most important to you to ensure?

Normally it can be a lump sum or an installment payment. Lump sums can be as high as $150,000 for cancer, maybe even higher. You do have options when you buy it. For additional premiums, you can get a higher benefit if you'd like. So you can tailor make each policy based on what your budget is. And what kind of condition is most important to you to ensure?

Yes, that's right. Okay.

Yes, that's right. Okay.

Yes, that's right. Okay.

No, if you already have the condition, it's too late, which is why it's important to get it while you're younger and before any serious problems surface.

No, if you already have the condition, it's too late, which is why it's important to get it while you're younger and before any serious problems surface.

No, if you already have the condition, it's too late, which is why it's important to get it while you're younger and before any serious problems surface.

Well, there are rules of thumb as to what's reasonable expense. For instance, for an individual disability policy, you generally try to keep the cost between two and 3% of the income that you're insuring.