Page 18 - Zelis 2022 Executive Benefits Guide

Additional Voluntary Benefits
Critical Illness Insurance
It takes a lot to beat a serious illness. Unfortunately, it can also cost a lot. When you or a family member suffers a serious illness like a stroke or heart attack, Critical Illness Insurance can help with expenses that medical insurance doesn’t cover like deductibles or out of pocket costs, or services like experimental treatment. Critical Illness supplements your medical and your disability income insurance. The lump sum benefit is paid when you need it most, upon diagnosis, so you can rest assured that you will have funds to offset upcoming out of pocket costs, and that you’ll have the flexibility to elect treatments with less worry about the cost. Review your options and enroll today!
Underwriting Requirements
Guarantee Issue
Conditional Issue
Associate <70
$20,000
Health questions are required for amounts above the Guarantee Issue
Spouse <70
$10,000
Health questions are required for amounts above the Guarantee Issue
Child(ren)
All children are guaranteed
Associate 70+
Health questions required
Spouse 70+
Health questions required
Benefits – All eligible associates
• Associate Critical Illness Benefit Amounts:
- You may choose a lump sum of $5,000 to $25,000 in increments of $5,000.
• Dependent Critical Illness Benefit Amount:
- Spouse may choose a lump sum benefit of $2,500 to $12,500 in increments of $2,500 up to 50% of your
your benefit.
- Child: 25% of your benefit.
Benefit Structure
Covered Conditions
(lump sum payments)
Group 2 Covered Conditions
(First Occurrence of these additional illnesses)
Dependent Age Limits
Pre-Existing Condition Limitation
Benefit Reduction
(of original amount)
Condition
Invasive Cancer
Carcinoma in Situ
Benign Brain Tumor
Heart Attack
Stroke
Heart Failure
Coronary Arteriosclerosis
Organ Failure
Kidney Failure
All Eligible Associates First Occurrence
100%
30%
100%
100%
100%
100%
100%
100%
100%
0 days to 26 years
Second Occurrence
50%
0%
0%
50%
50%
50%
0%
50%
50%
• Parkinson’sDisease100% • Permanent Paralysis
- 50% for 1 limb
- 100% for 2 limbs • SevereBurns100%
• Addison’sDisease100%
• ALS(LouGehrig’sDisease)100% • Alzheimer’sDisease100%
• Coma100%
• Huntington’sDisease100%
• MultipleSclerosis100%
• LossofSpeech,SightorHearing
100%
6 month look back period, 6 month exclusion period
No benefit reductions apply
18
2022 Benefits Guide