Thanks to advances in medicine science and technology over decades, the chances of surviving a critical illness have improved greatly. However, the costs of coping with and recovering from a critical illness can be significant—even when survivors and their families have solid healthcare coverage. Unforeseen costs such as transportation costs and child care can add up. Loss of income may also create financial burdens that can last for a long time.
AIG’s Critical Illness plan can help reduce the financial stress from surviving a critical illness by providing lump-sum payments in the event that an insured is diagnosed with a critical illness such as cancer, stroke or heart attack. They are free to make their own spending choices and use the payments for any purpose, including living expenses, alternative therapies, child care, college tuition and home modification.
Features & Benefits
Covered critical illnesses include: