Several medical expenses related to a critical illness aren’t covered by medical or disability insurance – treatments, doctors’ visits, deductibles, and out-of-pocket expenses.
There are also uncovered non-medical expenses like lost wages, travel, and child care that can really add up and bankrupt even financially healthy families.
Critical Illnesses are common. 9 out of 10 consumers know someone or have a family member who has suffered a critical illness.1 Critical illness can potentially affect virtually every family.
Critical Illness insurance is a valuable employee benefit that can help alleviate the financial burden of a critical illness2:
- Pays a benefit upon a qualified diagnosis of Critical Illness: heart attack, cancer, stroke, major organ transplant, end-stage renal failure, or coronary artery bypass graft (CABG).
- Lump sum payments are available from $1,000 to $50,0003.
- Hospitalization payments are available up to $500 per day due to a non-critical illness such as an accident or injury.
For more information on Guardian Group Critical Illness call your broker or Guardian Group Representative.
2 Not available in NY, MN, NH, VT, CT.
3 $20,000 in Florida.