Critical
Illness Protection
Covered Critical
Illnesses*
Illness Covered Under
Plan
Percentage
of Face Amount
Heart Attack
100%
Stroke
100%
Major Organ
Transplant
100%
Renal Failure (end
stage)
100%
Internal Cancer
100%
Carcinoma in situ**
25%
Coronary Artery
Bypass Surgery**
25%
*At age 70, benefits are reduced by 50%
**Payment of the partial benefit for
carcinoma in situ will reduce the benefit for internal cancer. Payment of the partial benefit for
coronary artery bypass surgery
will reduce the benefit for a heart attack.
Why offer Critical Illness
Insurance?
Cancer, heart attack, stroke, or renal failure that
requires dialysis, are all life changing events. Medical coverage will help your participants with a large portion of the medical
expenses associated with the treatment of critical illnesses. But what about the out-of-pocket medical expenses? What about the
expenses associated with a life changing event such as paralysis from a stroke? Will medical insurance, life
insurance, or disability insurance pay for the construction of a wheelchair access ramp on the participant’s home?
Group Critical Illness insurance provides a lump-sum
benefit to cover out-of-pocket medical expenses and the costs associated with life-changes following a covered
critical illness.
Plan
Features:
ü Lump-sum benefits paid directly to the
insured following the diagnosis of each covered critical illness.
üCoverage
may be continued until benefits have been paid in full for each covered
critical illness.
üBenefit
amounts available for $5,000 up to $50,000 for participants and $25,000 for
spouse.
üAnnual
health screening benefits.
First Occurrence Benefit - After the Waiting Period, an insured may receive up to 100% of the benefit selected upon the first diagnosis of each covered critical illness.
Additional Occurrence Benefit – If an insured collects full benefits for a Critical Illness under the plan and later has one of the remaining covered illnesses, then we will pay the full benefit amount for any additional illness. Occurrences must be separated by at least 6 months.
Re-occurrence Benefit – If an insured receives full benefit for a covered condition and is later diagnosed with the same condition, we will pay the full benefit again. The two dates of diagnosis must be separated by at least 12 months or 12 month treatment free for Internal Cancer.
Owner Operators 1-877-500-7779
Groups of 10 or more:
1-877-414-4474
For More Information or To Enroll