Critical Illness Insurance

Why Critical Illness Insurance

Critical Illness can strike at any time. Many working Americans aren’t financially prepared for critical illness treatment and recovery. A serious illness can lead to unexpected costs and financial stress, even if you have medical insurance. Wise Critical Illness Insurance may help protect your financial health by providing cash benefits directly to you when you need them most, allowing you to focus on healing.

When you experience a covered critical illness, Wise Critical Illness insurance will help by providing cash to cover any expenses you would like, which may include:

  • Out of pocket medical expenses
  • Household bills or mortgage payments
  • Lost income during recovery
  • Travel or caregiving costs

Critical Illness Insurance video

Consider the Facts

40 seconds

Every 40 seconds someone in America has a heart attack as reported by the American Heart Association.1

795k

The CDC reports each year, approximately 795,000 Americans experience a stroke.2

Critical Illness Insurance FAQs

  • Do I need Critical Illness Insurance?

    Critical Illness Insurance may be worth considering if you:

    • have dependents and your income supports family members or others who rely on you;
    • have limited savings and you may not have enough set aside for unexpected medical or recovery-related costs;
    • have gaps in coverage and your medical plan may not cover all out-of-pocket expenses;
    • work in a higher-risk role and your job may increase the likelihood of serious health conditions
    • are self-employed and you don’t have access to employer-sponsored benefits.

    In short, if a serious illness could create financial strain, this coverage may help provide added protection and peace of mind.

  • When are Wise Critical Illness Insurance benefits paid?
    Wise Critical Illness Insurance provides benefits when you are diagnosed with a covered critical illness such as a heart attack, stroke, end stage renal failure, major organ transplant, coronary artery disease, pulmonary embolism, invasive cancer and more. With over 30 illnesses covered, Critical Illness benefits are paid directly to you after diagnosis and you can use the cash benefits however you choose, such as long- and short-term treatment and on-going living expenses.
  • How does Wise Critical Illness Insurance work?
  • How do I buy Wise Critical Illness Insurance?

    Wise Critical Illness Insurance is available as an individual policy and may also be available to you through your employer as a group policy.

    Get a quote for an individual policy on our  NTA Life web site.

    Ask about Wise Critical Illness Insurance at work and learn more about this group benefit on our Madison National Life.

Sources:

1. heart.org/en/health-topics/heart-attack/about-heart-attacks, “What is a Heart Attack?” 2024.

2. cdc.gov/stroke/data-research/facts-stats/index.html, “Stroke Facts,” 2024.