Critical Illness Insurance

A critical illness can impact your family at any time. It pays to be ready.  Critical Illness insurance can help you and your family prepare for the financial stress a critical illness can cause.

Payments can be used to cover related expenses, medical or otherwise, including:
• Hospital bills and other medical expenses
• Child care or house-sitting for the family pet
• Credit card payments and other household bills
• Travel to out-of-town hospital or treatment facility
• Deductibles, co-pays and non-medical expenses such as missed work and house-keeping

Understanding CriticalAssistance Advance

CriticalAssistance Advance is designed to come to the rescue of those budget conscious families by helping pay the costs associated with the initial occurrence of a heart attack, stroke, cancer or other serious illness as defined in the policy. You choose your benefit amount. Benefits are also available for your spouse and eligible children. If you elect dependent coverage, their benefit amount will be 50% of the benefit you elect.

Critical Illness Lump Sum Benefit

CriticalAssistance Advance pays you a lump sum benefit equal to the amount you choose multiplied by the applicable percentage shown in the Schedule of Benefits upon the first ever occurrence of a covered critical illness within each category. If the benefit payment is less than 100% of the selected benefit amount, the policy pays another lump sum benefit amount upon the diagnosis of a different type of critical illness within the same category up to the limit per category. There is a lifetime maximum of three times the benefit amount you choose.

Issue Ages Employee & Spouse:

Age 18 and up (Through age 64 in CA) Eligible Children: From birth through age 25

Benefit Amount: $10,000

  
Base Policy Benefits Percentage of Benefit
Heart Attack 100%
Stroke 100%
Major Organ Failure 100%
End Stage Renal Failure 100%
Other Specified Organ Failure (Loss of sight-speech-hearing) 100%
Miscellaneous Diseases – Amyotrophic Lateral Sclerosis,Rocky Mountain Spotted Fever-Typhoid Fever-Anthrax-Cholera-Primary Sclerosing Cholangitis and Tuberculosis 100%
Alzheimers Disease 30%
Coronary Artery Disease Requiring Bypass Grafts 25%
Coronary Artery Disease Requiring Angioplasty/Stent 5%
Cancer Benefit Rider
Invasive Cancer 100%
Bone Marrow Failure 100%
Carcinoma In Situ 25%
Prostate Cancer with TNM Classification of T1 25%
Skin Cancer 5%
Dependent Coverage 100%
First Occurrence First occurrence after effective date
Rate Structure Voluntary-Issue Age
Additional Benefit
Recurrent Critical Illness Benefit Rider 100%

This is a brief summary of the Critical Illness Insurance underwritten by Transamerica Life Insurance Company, Cedar Rapids, IA.  Policy form series CPCI0400 & CCCI0400. Forms and form numbers may vary.  This coverage may not be available in all jurisdictions. Limitations and exclusions apply.  Refer to the policy, certificate and riders for complete details.