Critical illness is not only a smart choice for employees, it's a smart sell for brokers.
By J.C. Lexow|October 09, 2013 at 08:38 AM
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According to research from Sun Life Financial, most workers fear financial ruin more than death. And that fear is well-founded, shows Harvard-led research cited by the company.
The academic study of 2007 data, published in the American Journal of Medicine, found that 62 percent of all bankruptcies were medical. Most medical debtors were well-educated, owned homes, and had middle-class occupations — and worse yet, three-quarters of those who fell into bankruptcy did have health insurance.
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