Critical Illness Insurance
Facing a serious illness can be life-changing and costly. It can also mean time without a paycheck and unexpected expenses not covered by your health insurance. Critical Illness Insurance from The Standard can help close the gaps in your medical coverage while paying you cash to use however you choose if you are diagnosed with a covered illness. This coverage protects your finances so you can focus on recovery. You can choose between two coverage options: Basic and Premium.
Critical Illness Insurance from The Standard:
- Coverage is guaranteed issue, at initial enrollment subject to pre-existing condition limitations if applicable
- Coverage is available for children or family
- Affordable premiums are conveniently payroll deducted
- You may be able to take the coverage with you if you leave your job or your employer cancels your coverage
Initial critical illness benefits Include:
- Heart attack
- Stroke
- End stage renal failure
- Major organ transplant
- Coronary artery bypass surgery
- Waiver of premium (Employee only)
Cancer critical illness benefits include:
- Carcinoma in situ
- Invasive cancer
Second event benefits include:
- Initial critical illness
- Cancer critical illness
Additional Benefits available:
- Wellness
- Supplemental Critical Illness without HIV
What is guaranteed issue?
Guaranteed issue means that you get insurance coverage up to a certain amount without having to answer medical questions during enrollment. Sometimes, even when an insurance company issues coverage, they might specifically call out any medical issues you have prior to getting the coverage (i.e. you broke your arm a week before signing up for coverage and you’re still getting treatment for it.)
Resources
tkAT Benefit Guide
Detailed plan comparisons, premium information, and additional features.
