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How Can a Supplemental Policy Help Protect Your Assets?

How Can a Supplemental Policy Help Protect Your Assets?

Your future. Your way of life. When facing a critical illness or hospitalization, these are just two things a Platinum-marketed policy can help you protect.

Out-of-pocket medical costs associated with a hospitalization or critical illness can leave you in a tight situation—a 2014 Gallup poll found that 33 percent of Americans have put off medical treatment out of fear it will leave them financially burdened.1 According to a 2014 report by the American Cancer Society, 60 percent of the total cost of cancer is nonmedical, which means it’s not covered by major medical insurance.2 And, the Kaiser Family Foundation reported that an estimated 1 in 3 Americans reports having difficulty paying medical bills—even though most of these people have major medical insurance.3

For many people, selling hard-earned assets, such as personal possessions or land, becomes the only solution for out-of-pocket medical expenses.

At Platinum Supplemental Insurance, we’re dedicated to marketing products that protect families from these difficult circumstances. With supplemental health insurance, you can assess your family’s coverage options and find a policy that meets your unique needs and situation. These types of policies pay a lump-sum benefit directly to you, the policyholder, to use toward your greatest needs, including out-of-pocket medical costs, travel expenses or lost wages due to time away from work. Your Platinum-marketed policy is there for you so you don’t have to sell your assets.

To learn more about the benefits of your Platinum-marketed policy, or to file a claim, please call our friendly, knowledgeable customer service team at 1-855-637-6550.