Please advise if this post would be a better fit somewhere else.
For Y2023 our HR/benefits platform is offering a new insurance add-on, purely voluntary. There's two components to it, critical illness and accident insurance. The way it reads, its intended to provide supplemental income in the event of one of the above. It's priced at approx $17/$10k tier/month, up to $50k for $75/month, so $900/year.
Critical Illness Insurance
This insurance pays a lump-sum benefit for certain critical illnesses as specified by the insurer, such as cancer, heart attack or stroke.
So, why am I interested ? Just this past year 2022 I was unexpectedly impacted by one of the above, and had my fairy godmother gazed into her crystal ball and told me to get this last year, I would be manymany THOUSAND$ ahead of where I am. But that didn't/couldn't happen.
My condition will continue into 2023. I am trying to wrap my brain around signing up for this, wait a month or two, and be all SUPRISE PIKACHU gimme my moneys. The documentation I've read thus far is vague on 'preexisting conditions' which I can see playing a part. But then I also think, maybe it will work BUT now this goes on my Permanent Record, just as the Violent Femmes foretold many years ago.
Thoughts please..