Three Important Benefits That Health Insurance Can Provide
In addition to basic advantages of health insurance such as covered prescriptions and dental care, there are three other valuable benefits that health insurance can offer you.
1. Income Replacement
If a disability or illness were to prevent you from being able to work, an income replacement plan can help protect you. A plan of this nature ensures you will receive a monthly tax free income, in accordance with your standard of living, until you reach the age of 65.
2. Additional Income
Imagine you were diagnosed with a serious illness or faced some kind of health emergency. The cost of treatment and other unexpected expenses could be a financial hardship for you and your family. Rather than dipping into savings earmarked for your child’s college education or your own retirement, consider purchasing critical illness coverage. This type of insurance can provide you with the cash you need to handle the costs of up to 22 covered conditions
3. Assisted Living
Have you thought about living arrangements for when you and your spouse are older? Do you want to remain in your house or move to a care facility? Long term care programs, like the one that ZLC offers, provide you with a daily benefit to help cover the costs of care, regardless of whether you remain in your own home or move to a seniors residence.
If you’re interested in learning more about the types of health insurance ZLC can offer you, please email us.