If your doctor diagnoses you with a critical illness that is covered on your critical illness policy, it will pay as early as within two weeks but quite a few in 4-6 weeks. This is important if you need things
Life insurance is a contract between you and an insurance company. In exchange for premium payments, the company pays a sum of money, known as thelife insurance death benefit, to your beneficiaries when you die. Beneficiaries may include your spouse, children, or other people or entities you ...
Life insurance is there to support the people who rely on you financially in case you die unexpectedly. But if you’re living with a serious illness, a common policy feature known as an accelerated death benefit rider could step in to help you cover medical bills and other expenses while yo...
Employee-paid insurance is offered through your employer but you cover the majority of the costs. Typically, these benefits are offered at a discounted rate compared to plans offered outside of the workplace. Employee-paid insurance can include: Accident insurance Critical illness insurance Hospita...
Critical Illness Insurance Serious illness is a burden worldwide. In the U.S., an estimated 1.7 million people will be diagnosed withcancerin 2016. Approximately 735,000 people have aheart attackin the U.S. every year. More than 795,000 Americans have a stroke each year. The effects of ...
Health insurance is a highly regulated space subject to a wide array of state and federal laws. It’s critical that employers understand their obligations under all laws and regulations that apply to them, which vary depending on company size and location. “There are a handful of regulatory ...
Life insurance Disability insurance It can also be common to have different types of supplemental insurance benefits offered in your employee benefits package. These may include everything from accident insurance to critical illness insurance. They may also be referred to as voluntary benefits, and the...
Life insurance is a crucial financial tool that provides protection and financial security for individuals and their loved ones. It ensures that in the event of the policyholder’s death, a sum of money, known as the death benefit, will be paid out to the designated beneficiaries. While taking...
This report is a call to action for leaders to recognize that the health and well-being of their employees is critical to the future success and sustainability of their organizations. While small actions taken today can build towards substantial impact tomorrow, many stakeholders...
Level term life insurance coverage allows the policyholder to govern the specific amounts paid out. The amount you decide upon in terms of a payout will be set against the length of your agreed-upon policy. It will remain the same amount, no matter when a claim is made, as long as ...