Bill is married with two girls and boys. He is 40 years old, rrs known for a mortgage, a automotive payment, daycare payments, and many others. His wife works too, but the whole family relies on dual incomes as every bit of us engage in. What happens if Bill is identified as life threatening cancer. He basically must drop everything and seek treatment. While he’s seeking treatment his income stops. The bills will go unpaid, and the family risks declaring bankruptcy after an unusual amount associated with. They might be suffering from to sell the house, the car, etc. Wishes not an extra worry that anyone battling cancer would require to have hanging over their director.
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Most individuals don’t want to think about these scenarios but they have major impacts on you, and your family’s financial security. Imagine not many people to do business with 2 years while you’re undergoing cancer treatments. Who’s going to cover for the mortgage, the auto payment, daycare, groceries, drugs, etc? It’s a scary climate. Fortunately, we have free health care in america (for the most part), but it’s simply insufficient.
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