The value of Critical Illness Insurance
Critical Illness Insurance provides a way to strengthen your benefits package while also providing employees with greater security.
Rising deductibles and out-of-pocket costs mean it’s harder than ever for your employees to cover unexpected medical issues. Traditional medical plans provide a strong base for employee health, but critical illness can lead to time out of work and large expenses that health insurance doesn’t cover.
Critical Illness Insurance offers a lump-sum benefit that employees can use to cover the direct and indirect costs such as:
- Deductibles and co-pays
- Out-of-network treatment
- Child care