Page 9 - MI New Hire webinar

GUARANTEE ISSUE FOR AGENTS AND STAFF NO MATTER WHEN YOU ENROLL
Pays a lump-sum benefit directly to the insured following the initial diagnosis of a covered critical illness, such as: Cancer Type 1(invasive), Heart Attack, Stroke, Major Organ Transplant, Kidney Failure-100%, Cancer Type 2 (non-invasive)- 25%, and Coronary Artery Bypass Graft-25%
EMPLOYEE BENEFIT OPTIONS SPOUSE BENEFIT OPTION DEPENDENT CHILD BENEFIT OPTION FIRST OCCURRENCE BENEFIT ADDITIONAL OCCURRENCE BENEFIT RE-OCCURRENCE BENEFIT MAXIMUM BENEFIT
WELLNESS BENEFIT
PRE-EXISTING CONDITION LIMITATION BENEFIT REDUCTION
CRITICAL ILLNESS/CANCER
$5,000
$2,500
$10,000
$5,000
CONVERAGE AMOUNT
$15,000
$7,500
$20,000
$10,000
$25,000
$12,500
$2,500
$5,000
$7,500
LUMP SUM BENEFIT PAID UPON INITIAL DIAGNOSIS OF A COVERED CRITICAL ILLNESS/CANCER (AFTER WAITING PERIOD)
100% - PAID WHEN DATES OF DIAGNOSIS ARE SEPARATED BY AT LEAST 3 MONTHS
50% - PAID WHEN DATES OF DIAGNOSIS ARE SEPARATED BY AT LEAST 12 MONTHS
300% OF THE LUMP SUM BENEFIT FOR ALL CRITICAL ILLNESSES/CANCERS COMBINED
MAXIMUM OF $50 PAID ANNUALLY FOR HEALTH SCREENINGS TESTS FOR EMPLOYEE AND SPOUSE- IF SPOUSE COVERAGE IS INCLUDED (AFTER WAITING PERIOD)
$10,000
$12,500
3 MONTHS PRIOR/12 MONTHS AFTER
REDUCED TO 50% AT AGE 70
SPOUSE AND DEPENDENT COVERAGE IS ONLY AVAILABLE AT 50% OF THE EMPLOYEE’S BENEFIT AMOUNT
CRITICAL ILLNESS CANCER