Medical Indemnity Insurance
Medical costs can be expensive, even with medical insurance. Medical Indemnity insurance supplements your medical plan by providing a lump sum payment directly to you for services such as doctor visits, inpatient and outpatient hospital visits, and more. Benefits are paid directly to you and the funds can be used as you see fit.
No health questions are required, but a pre-existing condition clause may apply. Employees are responsible for the cost of this benefit and premiums are paid with after-tax dollars.
Critical Illness Insurance
Critical Illness insurance helps you prepare for the unexpected. A major illness such as a heart attack, stroke, coma, paralysis, major organ failure, and end state renal failure can leave you emotionally, physically, and financially overwhelmed. Critical Illness insurance can help relieve the financial impact of an illness so you can focus on recovery.
With Critical Illness insurance, you’ll receive a lump-sum payment when a covered illness is diagnosed. You can use the payment any way you choose, including paying for your deductibles and coinsurance, rent, groceries, or child care.
If you enroll in Critical Illness insurance, you pay the premium with after-tax dollars. The cost of the plan is dependent upon the employee’s age at the time of purchase.
Accidents happen when you least expect them and recovery can be costly. Your major medical insurance may pick up most of the tab, but you could be left with out-of-pocket expenses that add up quickly. Accident insurance can help ease unplanned financial burdens.
As a full-time employee, you can buy Accident insurance to cover unexpected costs due to an accident, such as ambulance services and emergency room fees. Use the payment any way you choose – from expenses not covered by your major medical plan to day-to-day cost of living such as rent or utility bills.
As medical costs continue to rise, this additional layer of financial protection can make a difference at a time when you and your family need it most. Premiums for this benefit are paid with after-tax dollars.
See the Benefits Guide or benefits summary for detailed information.