Critical Illness

Critical Illness (CI) insurance provides financial protection when a major illness is diagnosed. The benefit is paid in a lump sum to be used by the client as they see fit. As health insurers continue to limit benefits in an effort to stay profitable CI can provide money to cover treatments, facilities, or prescriptions not covered by your clients health insurance or that are covered on a limited basis.

CI can also provide your client with the ability to seek treatment from a doctor not covered by their health insurance. CI can even provide money to replace lost wages of the insured due to recovery time and/or lost wages of a spouse who stays at home to help with the recovery. In short CI provides your client with options, choice, control, independence, and reduced stress!

Assurity Protective Mutual of Omaha
AM Best Rating A- A+ A+
S & P Rating n/a AA A+
Comdex n/a 90 91
Alert Score* 56 57 56
Overview Fully underwritten version and Simplified issue Non Medical up to age 50 with 50k max benefit Optional Disability rider will pay 5% evry 6 months
for 5yrs then a lump sum if still disabled
Issue Ages 18-64 18-65 20-64
Non Approved States CT,FL,MA,MD,
NH,NJ,NY,VA,WA
CT,MD,MN,
MS,NY,PA,SDTX,WA
CT-MA,MD,
NH,NJ
Benefit Period Lifetime Lifetime Lifetime
Issue Amounts 50k-500k 25k-500k 10k-250k
Number of Conditions 18@100%,3@25% 11@100%,
2@25%,1@10%
9@100%, 3@25%
Max Number of Claims 3 times 3 times 1 time
Return Of Premium Included Included Included
Age Benefit Reduces to Half 65 65 65
Riders ADD,Spouse,Child,Wavier of Premium ADD,Spouse ADD,Disability
*Alert Score Highlighted 72

Some of the best prospects for CI are:

  • Self Employed
  • Anyone who has maxed out their disability income coverage and wants more
  • Spouses of high wage earners
  • High risk occupations

Call us today for more information on how to offer this solution to your clients!

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