What illnesses does life insurance cover? Discover the top of the list!

What illnesses does life insurance cover? Discover the top of the list!

Do you know which illnesses does life insurance covers? See what is included in your protection and how this modality works!

For those looking for complete protection, it is essential to know which illnesses does life insurance covers. After all, you want to be prepared for anything unexpected, right?

In that case, it is essential to know the exceptions and coverage of your policy, especially when it comes to comorbidities and fatalities.

See a list of the main illnesses that your life insurance can cover, and see how this coverage works!

What is life insurance?

Life insurance is a product that pays compensation for claims covered by the contracted policy.

In other words, it’s financial protection you offer your family if something happens to you.

The product and its coverage are contracted with a certified insurance company, and include several clauses in addition to the simplest indemnities, such as in case of death.

What is serious illness insurance?

Serious illness insurance is a coverage that can be purchased along with life insurance. In this case, in addition to death protection, you will also be covered if you are diagnosed with a comorbidity included in the policy.

The differential of this type of insurance is the possibility of receiving payment while still alive, to settle medical expenses or bear treatment costs.

What illnesses does critical illness insurance cover?

Currently, there are some of the most common occurrences covered by this modality.. See what are the most common diseases in products currently marketed:

  • Acute myocardial infarction;
  • Cancer (Light, moderate and severe);
  • Cerebral vascular accident (CVA);
  • Limb paralysis;
  • Vision loss;
  • Alzheimer’s;
  • Parkinson’s;
  • Multiple sclerosis;
  • Pulmonary embolism;
  • Osteomyelitis;
  • End-stage renal failure;
  • Limb paralysis;
  • Between others;

It is worth remembering that each insurance company may have its own coverage, and the insured person may negotiate other protections in addition to these diseases.

What does critical illness insurance not cover?

On the other hand, there are some illnesses and conditions that critical illness insurance may not cover, depending on the company’s policy.

Usually, it is common for pre-existing illnesses to be excluded from hiring. In addition, compensation may not be paid for occurrences arising from substance and alcohol abuse.

How does life insurance coverage work?

Once contracted, life insurance coverage starts to cover a series of claims related to it.

For example, once the holder checks which illnesses the life insurance covers, he is protected against those illnesses.

What is life insurance: Complete guide on life insurance

If diagnosed by professionals and within the conditions of the contract, compensation is paid, and can be used for medical expenses or to supplement the family’s income, if there is a significant impact on receipts.

The simplest coverages, such as death, are paid only in the event of death, but other more flexible clauses, such as serious illnesses, allow you to apply while you are still alive.

Why take out critical illness insurance?

Knowing which illnesses the critical illness insurance covers and purchasing this product is a way to protect your family, and your budget, from unforeseen events in the future.

Several unexpected situations can impact your planning, compromising the safety of the people you love and your alternatives to solve the problem.

However, when choosing life insurance , you will have more peace of mind, in addition to financial support that will help you organize yourself more calmly and safely.

So it’s worth taking out life insurance, and bringing more comfort to those you love.

But remember to find out more about the service you want, such as what illnesses life insurance covers. So you can find a product that suits you!


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