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Cover some of the costs of unexpected health issues with critical illness insurance.

Critical Illness Insurance - Two Woman Staying Positive and Sitting Together at Home Enjoying Their Time Together after a Successful Radiation Therapy Session

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Consider protecting yourself with critical illness insurance.

Consider protecting yourself with critical illness insurance.

Serious health events and illnesses can be devastating for you and your family in many ways, not the least of which is financially. Even with health insurance, situations like these can leave someone owing tens of thousands of dollars or more in medical bills. Critical illness insurance can help.

There are additional expenses associated with critical illnesses.

Someone who is facing a critical illness is likely missing income while in treatment. However, there are still groceries to buy, rent and mortgages to pay, and child care expenses to fund. In addition, they may be incurring additional expenses such as transportation costs to receive care. Many policies may offer benefits in the form of cash to be used in any way the policyholder sees fit, making this a more desirable product for employees.

How does it work?

Critical Illness Insurance pays a lump sum benefit directly to the insured, or whoever they choose, to help cover indirect, out-of-pocket expenses. It helps to keep the focus on recovery by alleviating some of the financial burden associated with these illnesses. Benefits are paid in addition to any other insurance coverage including group medical plans and Medicare.

The Critical Illness Wellness Benefit pays $100 per calendar year for the insured and an insured spouse, when a charge is incurred for one of the following covered cancer screening tests listed on page 3 of the brochure.

Covered, specified diseases:

  • Invasive Cancer (Only in the Cancer Benefit policy).
  • Heart Attack.
  • Stroke.
  • End-Stage Renal Failure.
  • Major Organ Transplant.
  • ALS (Lou Gehrig’s Disease).
  • Alzheimer’s Disease.

Plan highlights:

  • Second event benefit rider: may be eligible to collect a second benefit for the same specified disease; subject to exclusions listed in brochure.
  • Up to $50,000 in a lump sum benefit for employee.
  • Up to $25,000 in a lump sum benefit for spouse and dependent children.
  • Payroll Deducted Premiums.
  • Portable – if you change jobs or retire you can keep coverage on a direct bill basis.

Click the link below to download the brochure.

Cirital Illness with Cancer BenefitCirital Illness without Cancer Benefit

Interested in learning more?

If you would like to sign up or learn more about this plan, please fill out the form to be contacted by a representative.

Find Your Coverage

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Contact Benefits Planning Corporation

Our Hauppauge, NY Office

150 Motor Parkway, Suite 125
Hauppauge, NY 11788

 631-991-6050
Email Us
 631-991-6050 fax

Let’s Get Started

  1. Step 1Fill out the form.
  2. Step 2Review your options with us.
  3. Step 3Get the coverage you need.