Tuesday, October 5, 2021

Who Couldn't Use Extra Money in Time of Need?

We buy life insurance to provide financial security for our loved ones in the event of our death. With improvements in medicine, however, the recovery rate for once fatal conditions like cancer, heart attack, and stroke have improved dramatically. So what happens to that security if we don't die from a critical illness? 

Many people are not prepared for the financial fallout of a critical illness. Health insurance doesn't cover everything and higher deductibles and general healthcare costs are adding stress to people’s lives and budgets. Help your clients and prospects fill the financial gap with critical illness insurance. Offer them more than money... Give them options, choices, and control when they feel they have none.

The Critical Illness sales market is predicted to grow 22%* annually. If you are interested in double-digit sales growth, you should be looking at adding critical illness insurance to your portfolio. 

Critical Illness is available as an independent policy or can be added to some life insurance policies as a living benefit rider. Talk to your MVP representative about easing financial worries for your clients by offering them critical illness coverage today. 

*“2018 U.S. Critical Illness Insurance Market Study Shows Continued Strong Growth.” Gen Re, Sept. 11, 2018