Page 23 - Eden Housing 2022 Benefit Guide

Critical Illness Insurance

Are you protected if you experience a critical illness? Financial experts
recommend having 3-6 months of living expenses set aside to help in an What is a Pre-Existing
emergency. Critical illnesses can happen at any age and more often than Condition Clause?
you may think. MetLife Critical Illness insurance offsets your out-of-pocket
If there is a health issue
expenses related to the diagnosis of incidences such as a heart attack, coma,
you have been treated for
kidney failure, or cancer. Critical Illness insurance pays in addition to your
prior to the start date of
medical plan, and benefits are payable regardless of other insurance plans.
your new policy, that
The benefit amount is determined by the type of illness and is paid in a lump
condition may limit the
sum amount. No health questions are required, but a pre-existing condition
coverage under the new
clause may apply. This can help safeguard your family as well as finances.
plan.

MetLife Voluntary Critical Illness Plans
Lump Sum Payouts
Low Plan High Plan
Employee Benefit Amount $15,000 $30,000
Spouse/DP & Child Benefit Amount 50% of Employee’s Benefit Election
Alzheimer’s, Kidney Failure, Major Organ Transplant 100% of Elected Benefit Amount
Coronary Artery Bypass Graft, Heart Attack, Stroke 50% of Elected Benefit Amount (100% for Recurrence)
Invasive Cancer 100% of Elected Benefit Amount (100% for Recurrence)
Non-Invasive Cancer 25% of Elected Benefit Amount (100% for Recurrence)
Other (22 conditions*) 25% of Elected Benefit Amount
Wellness / Health Screening Benefit $50

Monthly Premium for Employees Who Elect $15,000 of Coverage

Attained Age Employee EE + Spouse EE + Children Family
<25 $6.75 $10.80 $10.35 $14.40

25–29 $7.65 $12.15 $11.25 $15.90
30–34 $9.30 $14.55 $12.90 $18.15

35–39 $11.40 $17.70 $15.00 $21.45
40–44 $15.15 $23.40 $18.75 $27.00
45–49 $20.85 $31.95 $24.45 $35.55

50–54 $29.40 $45.00 $33.00 $48.60
55–59 $40.65 $62.25 $44.25 $65.85
60–64 $56.40 $86.25 $60.00 $89.85

65–69 $78.30 $119.55 $81.90 $123.30
70-74 $105.60 $160.80 $109.20 $164.55
75+ $146.55 $222.45 $150.30 $226.05

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