Critical Illness
Assurity’s Critical Illness Insurance pays a lump-sum cash benefit upon diagnosis of a covered illness or procedure. Clients can use the money however they wish – for day-to-day expenses or to help cover deductibles, treatments, or other bills. You can customize coverage with a wide selection of optional riders like the Return of Premium Rider.
Product Highlights
Issue Ages: 18-70, age last birthday
Benefit Amounts: $5,000 – $75,000
11 Covered Conditions: include cancer, heart attack1, stroke, advanced Alzheimer’s, organ transplant, kidney failure and more
Multi-Benefit Payout: pays on each covered condition with a 6-month separation period2
Guaranteed Renewable for Life3
Target Markets
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Complement to high-deductible health plans
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Mortgage protection solution
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Stay-at-home Parents
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Business Owners
Underwriting made easy
Get your business on the books faster and easier with simplified underwriting and instant decision.
Underwriting Classes
- Male/Female; Non-Tobacco and Tobacco
No medical exams
- 1.Heart attack does not include established (old) myocardial infarction occurring prior to the issue date, sudden cardiac arrest, cardiac arrest or cardiopulmonary arrest.
- 2.Additional critical illness cannot be caused or contributed to by a critical illness for which benefits have been paid.
- 3.Reduced Benefit After Age 70 – On the policy anniversary immediately following the later of the insured’s 70th birthday, or three years from the policy’s issue date, the policy benefit amount will be automatically reduced by 50 percent. This will be the benefit amount available for the remaining years the policy is in force.