Get Critical Illness Insurance Quotes

Costs for critical illness insurance vary significantly.  If saving money is important, here are valuable ways to get the best quotes.

If you answer YES to 2 or 3 of the following questions, it likely will pay to get a comparison quote.

  • Are you a non-smoker?
  • Are you male?
  • Do you want coverage up until you retire?
  • Would you like to compare coverage for both cancer only and full critical illness coverage?

The rates shown below are general approximates provided merely as an example by the Association.

An example of costs for Cancer-Only insurance*

You Are Smoker or Non-Smoker Benefit Amount Cost-Per-Year
Male age 40 Non-smoker $25,000 $67
Male age 40 Smoker $25,000 $95
Female age 40 Non-smoker $15,000 $84
Female age 40 Smoker $15,000 $98
Male age 52 Non-smoker $10,000 $89
Male age 52 Smoker $10,000 $171
Female age 52 Non-smoker $10,000 $106
Female age 52 Smoker $10,000 $171

An example of costs for comprehensive Critical Illness insurance*

You Are Smoker or Non-Smoker Benefit Amount Cost-Per-Year
Male age 40 Non-smoker $10,000 $82
Male age 40 Smoker $10,000 $134
Female age 40 Non-smoker $10,000 $92
Female age 40 Smoker $15,000 $118
Male age 52 Non-smoker $10,000 $232
Male age 52 Smoker $10,000 $437
Female age 52 Non-smoker $10,000 $199
Female age 52 Smoker $10,000 $308

*These rates are approximated examples shared by the American Association for Critical Illness Insurance.  Actual rates will vary by insurance company,  They will vary by state.

Why we advocate for both cancer-only and ci insurance options?

The following is a personal opinion from Jesse Slome, Director of the Association.

Cost is an issue for me.  It’s likely something you care about too.  That’s why you are reading this.

The tables above clearly show that a cancer-only policy is less costly than a comprehensive ci policy.  It costs about a third as much.

I believe this protection is most needed between the ages of 50 and 70.  That’s when you are still working.  At these ages you are more likely to get cancer, than to have a heart attack or stroke.

Having some protection is always better than having none.  If cost is going to keep you from buying a comprehensive critical insurance policy, then buying a cancer-only policy is better than having nothing.

If you want coverage that will continue after age 70, then I would definitely look at a comprehensive policy that pays benefits for all three (CANCER, HEART ATTACK AND STROKE).

How can I save on critical illness insurance?

quotes for critical illness insuranceThe best way to save is to compare critical illness insurance prices.  A few tips to cut costs. 

Smoker and Non-Smoker Rates:  If you are a non-smoker, you will likely save money when the insurance company offers both smoker and non-smoker rates. When an insurance company only offers one set of rates, non-smokers are subsidizing smokers who are at much higher risks of cancer and other critical illnesses.

Ask About Added Policy Fees:  You should also see if there are additional policy charges or other fees that are added to the premium cost. These can seem small – but they will add up over time.

Don’t Overbuy. Some critical illness insurance policies will provide benefits of $250,000 or more. Those could be valuable if you are a business owner. But for most individuals, the Association believes modest amounts from $10,000 to $25,000 are appropriate and affordable.

Additional Resources for Insurance Quotes

Here are links to our other insurance industry organizations.
Visit the American Association for Long-Term Care Insurance for best long-term care insurance quotes.

Visit the American Association for Medicare Supplement Insurance for Medicare insurance quotes.  Use our Medicare Agent online directory.

Instant Insurance Cost Calculator

Tell us 3 things about you and see an instant quote for $10,000 of cancer-only insurance coverage. Why?
What is your gender?
What is your current age?
Are you a tobacco user?

ADVERTISEMENT

An Exclusive Offer

Highly affordable cancer or critical illness insurance

from Unified Life Insurance Company

  • Lump sum immediate cash benefits: $10,000 to $25,000
  • Ages 30 to 55
  • Rates starting as low as $3.25 per month
Unified Life critical illness insurance
American Association for Critical Illness Insurance
Not available in all states
Scroll to Top