Critical Illness Insurance
can pay money directly to you when you’re diagnosed with certain serious illnesses.
How does it work?
If you’re diagnosed with an illness that is covered by this insurance, you can receive a benefit payment in one lump sum. You can use the money however you want.
Why is this coverage so valuable?
• The money can help you pay out-of-pocket medical expenses, like co-pays and deductibles.
• You can use this coverage more than once. Even after you receive a payout for one illness, you’re still covered for the remaining conditions. If you have a different condition later, you can receive another benefit.
• This insurance pays you once for each eligible illness. However, the diagnoses must be at least 90 days apart, and the conditions can’t be related to each other.
What’s covered?
• Heart attack
• Blindness
• Major organ failure
• End-stage kidney failure
• Benign brain tumor
• Coronary artery bypass surgery (pays at 25% of lump sum benefit)
• Coma that lasts at least 14 consecutive days
• Stroke whose effects are confirmed at least 30 days after the event
• Occupational HIV
• Permanent paralysis of at least two limbs due to a covered accident
Coverage is also included for:
• Cancer
• Carcinoma in situ — pays 25% of your coverage amount. (Carcinoma in situ is defined as cancer that involves only cells in the tissue in which it began and that has not spread to nearby tissues.)
Resources
Monthly Premium for $1,000 of Coverage
Accident Insurance
can pay you money for covered accidental injuries and their treatment.
How does it work?
Accident Insurance can pay a set benefit amount based on the type of injury you have and the type of treatment you need. It covers accidents that occur on and off the job. And it includes a range of incidents, from common injuries to more serious events.
What’s included?
Wellness Benefit
Every year, each family member who has Accident coverage can also receive $50 for getting a health screening test, such as:
• Blood tests
• Chest X-rays
• Stress tests
• Colonoscopies
• Mammograms
