What Is Critical Illness Coverage That Is Voluntary? Critical illness insurance (CII) is a voluntary benefit provided by some employers to enhance standard medical coverage This insurance is structured to assist with out-of-pocket costs that health insurance may not cover, including deductibles, copays, and certain out-of-network charges
Critical Illness Insurance - The Hartford Critical Illness insurance helps relieve financial strain for employees in the event of a covered serious illness Claims payments are made in lump sums for eligible conditions The funds can help cover deductibles, copays and other expenses not covered by most medical plans
Sun Life Financial - Voluntary Benefits When an employee is diagnosed with a critical illness, it can lead to new, unexpected bills (like out-of-pocket medical expenses and getting help in the home) and reduced income if treatment requires the employee to reduce hours or stop working
frequently asked questions - allstatevoluntary. com Your coverage pays you a lump-sum benefit per occurrence if you or a covered family member is diagnosed with a covered critical illness, such as Invasive Cancer†, Heart Attack, Stroke, End Stage Renal Failure, Major Organ Transplant, Coronary Artery Bypass Surgery, and Carcinoma in Situ†
Critical Illness - Decisely Explore all Critical Illness resources Browse helpful guides, videos, and partner sites to learn more about how this benefit works and why it matters to your team