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Critical illness

Solutions that matter

Critical illness insurance provides a lump-sum benefit to the insured with a covered condition is diagnosed. The benefit can be used to help address out-of-pocket medical costs or keep up with ordinary living expenses such as mortgage payments or cover lost income – expenses beyond what a health insurance plan may cover.

Solution features

  • Turnkey or custom issue plan design
  • Multiple eligibility options –  guaranteed issue or simplified issue
  • May include coverage for prescription drugs, in- and outpatient services, testing, transportation, second opinion and surgery.

Types of available coverage

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Critical illness

  • Covered conditions: cancer, heart attack, stroke, Alzheimer’s, Parkinsons, major organ failure, renal failure, ALS, multiple sclerosis
  • May include coverage for family and pet care, outpatient and adult companion lodging, genetic testing, prosthesis/wig
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Cancer-only

  • May include coverage for cancer-related therapies, first occurrence diagnosis, hospital, radiation/chemotherapy, blood/plasma, wellness, hospice care
  • Available for associations only

Availability

Associations

Credit unions and banks

Finance companies