MYGA Rates 2-Yr5.05%3-Yr6.00%5-Yr6.25%7-Yr6.25%10-Yr6.25%

Rates may vary by state, carrier and premium amount. · Rates are updated every Monday. · as of Aug 10, 2026

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Financial Planning & Insurance

Cancer & critical illness

A lump sum on diagnosis, to cover the lost income and the bills. No restriction on how you spend it.

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Cancer, heart attack, stroke. Survival rates have improved, but the cost of getting there (treatment, care, and the income you stop earning) is more than health insurance was built to carry.

Why health insurance leaves a gap

Health coverage pays much of the hospital bill, not all of it. Newer treatments, long rehabilitation and in-home care come with deductibles, co-pays and a good deal besides. And the larger problem is the income that stops while you are being treated.

American Cancer Society research describes the financial toxicity a diagnosis brings, and links it to people abandoning treatment or accepting a lower standard of care.

The money is yours to direct

The lump sum arrives on diagnosis with no conditions on where it goes.

Replacing income

The mortgage and the bills carry on regardless. It also covers the case where a spouse has to stop working to do the caring.

Deductibles and co-pays

The share health insurance does not pay. You can claim from diagnosis, so it arrives when the costs do.

Everything else

Treatments not covered, hiring a caregiver, travel and lodging near the hospital, adapting the house. Whatever recovery actually requires.

What is covered and how much differs by contract, and the application is medically underwritten.