Critical Illness Insurance for Employees
Critical Illness Insurance for Employees
The value of critical illness insurance
An unexpected critical illness often comes without warning and may have lasting effects on employees and their families — both physically and financially.
Our critical illness insurance* policy can help provide employees with the extra financial security they need to lessen the financial impact associated with the treatment and recovery of a critical illness.
How critical illness insurance works
Our critical illness insurance provides a lump-sum cash benefit upon the diagnosis of a critical illness, as defined by the policy. Employees have the flexibility to use the cash benefit as they see fit, including payment for:
- Out-of-pocket medical expenses
- Home or car alternations/modifications
- Mortgage/ rent or child/adult care
- Daily living expenses
Designed with employers and employees in mind
Employer Benefits
- Available with voluntary, non-contributory and contributory options
- Flexible plan designs
- Complements a high-deductible health plan or disability plan
- Can be packaged with other group insurance products on one bill
Employee Benefits
- Easy to understand benefits
- Pays lump-sum cash benefit directly to the insured upon diagnosis
- Covers the most common critical illnesses
- Access to skilled clinicians and nurses through a health advocacy service
- Coverage is fully portable
Optional Features and Services**
- Additional category occurrence benefit
- Recurrence benefit
- Child benefit category, covering birth defects, Type I diabetes and more
- Health screening benefit
- Coverage options for spouse and/or child(ren)
How critical illness insurance can help: Denise’s story
Denise was a happily married mother of two when she was diagnosed with breast cancer. She survived surgeries, chemotherapy, radiation and breast reconstruction, and now serves as an advocate for other women suffering from the disease. But during the recovery process, her family’s budget was stretched by out-of-pocket costs and other expenses not covered by insurance.
Included with your critical illness plan
Enrollment made easy
We provide a streamlined strategy to educate employees and keep the cost of enrollment low. We will work with you to help consult, plan and execute enrollment.
We provide:
- Pre-enrollment strategy and planning meeting
- Pre-enrollment communication materials (postcards, emails, videos)
- Personalized enrollment forms and simple needs-based benefit communications
- On-site group meetings
- Professional enrollment representatives (bilingual)
- Partnership with trusted third-party enrollment resources that specialize in group benefits
Get more with Mutual SolutionsSM
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Employee Assistance Program**
Support for personal and workplace issues. -
AbsencePro℠ (FMLA)**
Manage Family and Medical Leave Act (FMLA) and Americans with Disabilities Act (ADA) related leaves of absence.
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Hearing Discount Program
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Travel Assistance**
Travel and identity theft solution.