See how Critical Illness Insurance Can Support You When Suffering With Breast Cancer.

Economic problems when you or a loved one is suffering from breast cancer is a burden you don’t want to cope with.

As communicated by the Vancouver Sun, The Canadian Breast Cancer Network has published a survey that “firmly places breast cancer as an financial as well as health issue. Economic hardship was released by over three quarters of the 400 women who took part in the survey. Travelling for treatment and check-ups, loss of income and many other payments were reported. The Canadian Breast Cancer Network also said that these women and their families were being hit twice, once by the disease and once by monetary problems.

The statistics are quite disheartening when you realize that 16% of the individuals lost their jobs due to their illness and over a quarter went into debt; a daunting thought if you have no savings, which 44% said they had to use. Linda Glasier, a nurse for 35 years had to leave her career as she was physically no longer able to cope. Group insurance benefits were finished when Linda had to give up work, so she had to find money from her own personal income.

As with many other individuals in the same situation, using their own savings and going into debt does not have to be the only option. Normally within 30 days of being diagnosed, a person with critical illness insurance could have a lump sum payment paid out to them. The funds are provided to cover the cost of your treatment and any out-of-pocket amounts you may incur over the course of fighting a multitude of serious illnesses.

A company such as LSM Insurance work with lots of different insurance carriers which provide critical illness quote to cover many kinds of critical illness.