Life Insurance:
Life insurance can be one of the most
important purchases an individual or a family
can make. Life insurance
may be one of the most widely purchased
products that consumers understand
almost nothing about. Consumers should
do their best to understand Life
Insurance because they are truly
not purchasing life insurance for
themselves; they are purchasing life
insurance for the loved ones they
leave behind.
There are four main considerations
you need to take into account when
picking your North Carolina life insurance company.
All are important: Price, Longevity
of Insurance Company, Service, and
Comfort Level with your agent or
carrier.
At Capital Insurance of North Carolina we strive to
help life insurance quote shoppers
make better decisions involving these
four principles. Our instant life
insurance information and links will
help you review life insurance prices
types of policies and coverage details.
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Critical Illness Insurance:
Critical Illness Insurance helps you cover
the indirect costs of suffering a serious
illness like life-threatening cancer, stroke,
heart attack or major organ transplant
with money you can use for anything you
need. NC Critical illness insurance provides
money when you need it most, upon diagnosis
(as defined by the policy). It can free
you from worrying about finances, letting
you focus on getting well.
The Odds of Suffering -- And Surviving
-- A Critical Illness Are High
Cancer
Men have slightly less than a 1 in 2 lifetime risk of developing cancer; for women the risk is a little more than 1 in 3.
About 1.3 million new cancer cases are
expected to be diagnosed in 2003.
The five-year relative survival rate
for all cancers combined is 62 percent.
American Cancer Society, 2003 Cancer Facts
and Figures
Heart Attack
Every 29 seconds someone suffers a coronary
event.
In 2003, an estimated 650,000 Americans
will have a new coronary attack.
American Heart Association, 2003 Heart
and Stroke Statistical Update
Stroke
An American suffers a stroke every 45
seconds.
American Heart Association, 2003 Heart
and Stroke Statistical Update
The Hidden Costs of Survival
Medical advances are helping us survive
previously fatal diseases and conditions
only to face the financial consequences
of survival.
What would the following expenses do to
your quality of life? Your standard of
living?
Lost income
Medical treatment out of your medical
network
Insurance and prescription drug co-payments
and deductibles
Child care during treatment and doctor
visits
Transportation and lodging during
treatment
Short-term home health care
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Disability Insurance:
Individual disability insurance is truly
a basic concept. It is an insurance product
designed to replace anywhere from 45-60%
of your gross income on a tax-free basis
should a sickness or illness prevent you
from earning an income in your occupation.
Every NC disability insurance policy from
every insurance company is very different,
this is not a product to simply shop for
the most competitive rate. To buy the cheapest
disability insurance policy on the market
is to throw money away. The odds of getting
paid a monthly benefit under a cheap contract
may be significantly lower than receiving
benefits from a quality contract. The goal
is to provide you with a resource to make
an educated decision on your own. I will
provide you with information regarding
the major features of a disability insurance
policy so that you may better understand
how to read a disability insurance policy.
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