Voluntary Critical Illness Insurance
Critical illness insurance provides a financial, lump-sum benefit upon diagnosis of a covered illness. These covered illnesses are typically very severe and likely to render the affected person incapable of working. Because of the financial strain these illnesses can place on individuals and families, critical illness insurance is designed to help you pay your mortgage, seek experimental treatment, or handle unexpected medical expenses.
- Employee: $5,000, $10,000, $20,000 or $30,000—guarantee issue: $30,000
- Spouse: 100% of employee’s election—guarantee issue: 100% of employee’s election
- Dependent children: Up to age 26: 50% of employee’s election—guarantee issue: 50% of employee’s election ⸰ Health screening benefit: $100
