Skip Navigation

Critical Illness Insurance

Critical illness insurance provides a lump sum payment to provide financial support if you are diagnosed with a serious illness.

Financial benefits that could prove to be a lifesaver

You can never be fully prepared for a major illness. But with critical illness insurance, you can be financially prepared.

Critical Illness Insurance

Lump sum payment provides support when your family needs it most

Emotionally managing illnesses like cancer, a heart attack or stroke is hard enough. Financially managing the costs on top of this is often overwhelming. Critical illness insurance provides a lump sum payment to ensure you and your family have financial support in a difficult time. So, you’ll be able to spend less time worrying about money and more time focusing on healing.

  • You’ll receive a lump sum payment to use as you see fit
  • Use it for prescriptions, deductibles, co-payments, experiential/non-traditional treatments and even non-medical expenses like everyday bills
  • Pays out in addition to what your medical insurance covers
  • Payments may be paid directly to you, not to the doctors, hospitals or healthcare providers
Critical Illness Insurance FAQs
Am I eligible to enroll for this coverage? Collapsed Expanded

Yes, you can enroll both yourself and your eligible family members.1 All you need to do is enroll during the enrollment period and be actively at work.

I have a good medical plan at work, so why do I need critical illness insurance? Collapsed Expanded

One of the hardest parts of managing illnesses like Cancer, Heart Attack, or Stroke is providing the support and comfort your family needs beyond the cost of care.

Even the best medical and disability income plans can leave you with extra expenses to pay or services that just aren’t covered. Things like medical plan deductibles and copays, or extra costs for out-of-network care. And if you’re out of work because of a disability, it might be that only some of your income is protected. Many people aren’t prepared to handle these extra costs, so having this extra financial support when the time comes may mean less worry for you and your family.

Can I enroll for this coverage without having to take a medical exam? Collapsed Expanded

Yes. Your critical illness coverage is guaranteed,2 regardless of your health. You just need to be actively at work to be covered. There are no medical exams to take and no health questions to answer, so the whole process might be easier than you first thought.

What happens if I have a recurrence? Collapsed Expanded

Your plan pays an additional benefit (Recurrence Benefit) if a medical condition reoccurs for: a Heart Attack, Stroke, Coronary Artery Bypass Graft, Full Benefit Cancer, and Partial Benefit Cancer. A recurrence benefit is only available if the initial benefit has already been paid for the covered condition. And there is a benefit suspension period (or waiting period) between recurrences.3

Are benefits paid directly to me or my health care provider? Collapsed Expanded

Benefits will be paid directly to you, not to the doctors, hospitals or any other health care providers. There’s no need to work it around any other any other insurance you may have. Benefits are paid no matter what your other insurance plans may cover.

If my employment status changes, can I take my coverage with me? Collapsed Expanded

Yes. This coverage is portable, meaning you can take it wherever you go. Your coverage will only end if you stop paying your premium or if your employer offers you similar coverage with a different insurance carrier.4