Why do I need a LifeStyle Protector Policy?
You are asked each year to absorb more of your medical insurance costs. You are sharing more of the premium with your employer, taking on higher deductibles and co-payments. The majority of Disability insurance will typically cover you for only 60% of your salary. It is unrealistic to think you could save enough money in an account if you or your spouse, are diagnosed with a Critical Illness. Lastly, a study conducted by Harvard University , Illness and Injury as Contributors to Bankruptcy, found a connection to bankruptcy and medical illness. They found that 50.35% of personal bankruptcies were caused by illness or medical debts. 1.9-2.2 million Americans are estimated to have medical caused bankruptcies each year and 75.7% of debtors that had medical bankruptcies also had health insurance. At the time of bankruptcy filing, $11,854 was the average out-of-pocket medical expenses covering co-pays, deductibles and uncovered health services for bankruptcy filers The LifeStyle Protector wa
