Critical Illness and Hospital Indemnity Insurance
The fastest growing benefits in the country are Critical Illness Insurance and Hospital Indemnity Insurance. AllFeds has contracted with the leading carriers in the industry to provide the most complete coverage and favorable underwriting. Many of our solutions are streamlined underwriting or virtually guaranteed acceptance.
Critical Illness Insurance
Unlike disability insurance, Critical Illness insurance is designed to pay a lump sum in the event of a serious accident or illness. Whether it’s due to breast cancer, heart attack, stroke, blindness, coma or even Alzheimer’s. Critical Illness insurance can pay up to $500,000 in a lump sum. This money is not paid to a doctor or hospital and is not designed to reimburse you for incurred expenses….it is paid simply due to the occurrence of one of the listed conditions. The money is yours…..you can pay off debts such as a car loan or home mortgage or simply take a vacation to recover from your situation. Some policies will pay for up to three different occurrences if due to separate causes such as cancer, stroke or accident. Some policies have strict underwriting while others have guaranteed acceptance in certain states.
Full coverage is available for family members.
Hospital Indemnity Insurance – various plans pay up to $1,000 per day in the hospital. Additional benefits may include the following:
- Up to $2,000 per day for intensive care
- Up to $1,000 room and board per day
- Accidental death benefit
- Follow-up doctor visits
- Surgical procedures
- Pet care while hospitalized
- Additional lump sum cancer benefit
- Guaranteed acceptance for most qualifying federal employees**
- Guaranteed acceptance for all between 64 ½ and 65 ½**
For more information, call 888-330-1790