Where would the money come from surviving a serious illness Financially?

Everyone knows that it's not cheap to be sick. And for those who are facing serious illness, mounting medical bills and be on the job can mean a financial crisis and a health crisis. It is always better to understand in advance where the money could come to you and your family to deal with something like this help
Health insurance :. Although health insurance will cover part of direct costs associated with a serious illness, these plans generally require the payment of deductibles, coinsurance and / or co-pays, which can vary from $ 2,000 to $ 10,000 or more in out- of-pocket costs to you before the plan provides 100% coverage.

If you choose out-of-network care from a specialist or hospital nationally recognized, you can face significant additional costs, plus the cost of travel and accommodation. In addition, the indirect costs associated with recovering from a serious illness, such as changes to a home or a vehicle, the costs of care and convalescent care, may not be covered. It is important for you to know what your health care plan will not cover before a serious illness strike

Disability insurance :. This type of insurance typically replaces part of your income if you are sick or injured and unable to work. If you are covered by disability insurance, you must know the answers to questions such as :?

How long must be disabled before benefits begin
What benefit you receive [1945002?] How long the benefit payable
social security benefits: assuming you qualify, the social security disability benefits do not begin until the sixth full month of disability and are generally not sufficient to replace your purchasing power
savings and investments: a single serious illness could consume the assets you've worked a lifetime to accumulate

Ask yourself :. If you have suffered a serious illness and were out for three to six months, would you be able to survive financially? If the answer is no, contact your agent or financial advisor today.