Why Employees Need Critical Illness Insurance
Critical Illness insurance helps relieve financial strain for employees in the event of a covered serious illness. Claims payments are made in lump sums for eligible conditions. The funds can help cover deductibles, copays and other expenses not covered by most medical plans.
Heart disease, stroke and other cardiovascular diseases cost $214 billion a year in the U.S. health care system.1 And, nearly one in three U.S. families choose not to seek medical care due to cost.2 Critical Illness insurance can help alleviate these costs, making it more likely that your employees will seek care without delay if they have a serious illness. With early detection and quick treatment, the chances of survival are greatly improved.3
What Critical Illness Insurance Covers
Our Critical Illness insurance with enhanced severity-based benefits provides greater protection. That means payments are available for more conditions across multiple coverage categories and life stages. With improved claim approval rates, we’re able to offer maximum value for your eligible employees.
Severe illnesses typically have high treatment costs. Our enhanced levels of severity for many conditions offer employees more benefits to pay for critical care.
Partial Payment Benefits
Benefits in varying percentages are payable for less severe conditions and diagnoses.
Available Coverage Categories
- Cancer & Benign Tumor
- Heart & Vascular
- Major Organ
- Neurological Conditions
- Chronic/Progressive & Infectious Conditions
- Functional Loss & Catastrophic
- Child Conditions
- Occupational Diseases
- Additional Benefits
Critical Illness Insurance Is Flexible
Critical Illness insurance is available with affordable group rates on a guaranteed issue basis and without waiting periods.5 It also includes:
- Easy payroll deduction of premium payments
- Composite rates by coverage tier (Employee Only, Employee and Spouse, Employee and Child or Family; other coverage tier configurations available)
- Benefit option amounts for the employee and any dependents
Get the facts
about Critical Illness plans from The Hartford’s Employee Choice BenefitsSM.