Nowadays, unfortunately, we are constantly hearing the words "the world's most powerful and powerful people". cancer and stroke, The most important thing to remember is that the news is not only about the situation, but also about the situation in the country, whether it be from an acquaintance, a friend's relative or from statistics on the news. increase in these diseases in Spain. For this reason, there is a growing demand for insurance to cover these situations.
Why insurance to cover serious illnesses?
Let's take a look at the reasons why we are so often asked for some kind of insurance that guarantees a compensation in the event of a diagnosis of any type of serious illness.
Good:
- to cope with medical expenses and to be able to call on the best specialists,
- to pay outstanding debts,
- by relatives whom we do not want to burden with expenses
Let's take a look at what options insurance companies offer.
The insurance solution for critical illness
It is important to be aware that the LIFE INSURANCE In traditional insurance policies, the only thing they covered was a capital sum for death or permanent and absolute disability, whether caused by accident or illness (the latter is what differentiates this insurance from accident policies).
With the trend we explained at the beginning of this entry and, in response to the concerns of many people The risk that they may suffer some kind of serious illness such as stroke, cancer, transplants, etc.; and, although they may not suffer a permanent disability, they may suffer a reduction in certain capacities that they may have:
- They decreased their productive and professional capacity.
- They were not entitled to any compensation from their regular life or accident insurance.
Faced with this vacuum, companies created this guarantee. However, we have to be careful, because of the existence of two types guarantee to ensure a capital sum in the event of a serious illness, both of which are part of life insurance.
As an additional guarantee
it is a capital sum independent of that contracted for the contingencies of death and/or disability; in such a way that if the contingency occurs, the compensation is paid and the life insurance policy remains in force with its other guarantees.
As an advance on the subscribed capital
It can also be an advance of the sum insured for the contingencies of death and/or disability. In this way, if one of the serious illnesses contemplated in the conditions happens to you, the remaining sum insured in the policy will be the sum insured initially subscribed minus the capital advanced by the company.
Advice from PIB Group Iberia
It is essential to review the diseases covered by the conditions, as there are very substantial differences between companies.
Have any companies brought out any stand-alone policy, However, we believe that it makes more sense to frame it as a life insurance policy, which would cover any type of contingency that might occur, not only a serious illness, but also an accident.
If you don't know which company has more coverage, we will help you, as we have done this comparison work. Contact with us and protect yourself now.
