Know the details. Get your fight plan ready.
Critical Illness insurance coverage can be used for a number of conditions as an initial benefit of $5,000 to $100,000 or for reoccurring conditions. With the purchase of the subsequent condition benefit, you can receive payouts for any insured family member for any condition covered in the policy.1
The coverage pays a lump-sum cash payment when you are diagnosed.1 There are virtually no limits to the number of payouts for each insured family member and no reduction in payouts for later-diagnosed conditions.2,3 A lump sum payment can be used to take care of expenses other than what you owe for medical bills, such as college tuition, basic necessities, and hired help to assist with housework or child care while you are recovering.
An added benefit of Critical Illness insurance coverage is the health screening rider.4 It will help cover the cost of a health test, screening or immunization. We want you to keep a sharp focus on your health and encourage you to take steps to maintain it or find early warning signs. Screenings such as colonoscopies, Pap smears and mammograms are imperative to health prevention.5
It can also help you preserve your savings and retirement accounts. Don’t dip into money that you have saved for something else when a critical illness touches your family. We can’t stop disease from happening, but we can help stop a portion of the financial uncertainty it brings with it. Be ready.
1As defined by policy/group certificate. Most states define eligibility as first diagnosis. First diagnosis means the first time a physician identifies a covered condition from its signs or symptoms. If you’ve been diagnosed with a covered condition prior to having coverage, you may not be eligible for a benefit.
2Subject to terms, conditions, and limitations of your policy and rider.
3The subsequent condition rider must be purchased at an additional cost and is not available in every state.
4The health screening rider comes at an additional cost and is not available in every state.
5Preventive Health Care for Women. Welch, Crystal. Found Oct.1, 2012 on ehow.com.
Underwritten by Trustmark Insurance Company