Page 14 - TVS 2022 Benefits Guide
P. 14
Voluntary Accident and Critical Illness
Accident and Critical Illness Insurance
Why Voluntary Benefits? Group Critical Illness Insurance
TVS SCS NA continues to provide extended What is a critical illness? Some common examples
voluntary coverage through Guardian for accident are heart attack, stroke, and cancer. The medical
and group critical illness insurance. It can be hard treatment for these conditions can be very
to budget for life’s unexpected emergencies and expensive. Critical illness insurance can help by
these coverages are a great tool to ensure you paying a lump sum payment directly to you at the
are inancially ready. These can help protect your irst diagnosis of a covered condition. You decide
inances from the uncertainty of the future and how to spend it. You can also purchase coverage
give you a little peace of mind. A deduction will for your spouse and dependent children. If you did
automatically come from your paycheck if you not elect coverage when initially eligible, a health
choose to elect either of these oferings. questionnaire will be required to be approved
for coverage.
Off-the-Job Accident Insurance
Rates will vary depending on age. Please see
Of-the-job accident insurance will reimburse
expenses you incur from an accident or injury Human Resources for additional beneits and rate
whether it is a simple sprain or something more information.
serious, such as an injury from a car accident. Your
plan may pay you a beneit for an emergency room
treatment, stitches, crutches, injury-related surgery,
and many other accident-related expenses. The
money is paid directly to you, and you decide how
to spend it. In addition, you may also purchase
coverage for your spouse and dependent children.
14
Accident and Critical Illness Insurance
Why Voluntary Benefits? Group Critical Illness Insurance
TVS SCS NA continues to provide extended What is a critical illness? Some common examples
voluntary coverage through Guardian for accident are heart attack, stroke, and cancer. The medical
and group critical illness insurance. It can be hard treatment for these conditions can be very
to budget for life’s unexpected emergencies and expensive. Critical illness insurance can help by
these coverages are a great tool to ensure you paying a lump sum payment directly to you at the
are inancially ready. These can help protect your irst diagnosis of a covered condition. You decide
inances from the uncertainty of the future and how to spend it. You can also purchase coverage
give you a little peace of mind. A deduction will for your spouse and dependent children. If you did
automatically come from your paycheck if you not elect coverage when initially eligible, a health
choose to elect either of these oferings. questionnaire will be required to be approved
for coverage.
Off-the-Job Accident Insurance
Rates will vary depending on age. Please see
Of-the-job accident insurance will reimburse
expenses you incur from an accident or injury Human Resources for additional beneits and rate
whether it is a simple sprain or something more information.
serious, such as an injury from a car accident. Your
plan may pay you a beneit for an emergency room
treatment, stitches, crutches, injury-related surgery,
and many other accident-related expenses. The
money is paid directly to you, and you decide how
to spend it. In addition, you may also purchase
coverage for your spouse and dependent children.
14
