Critical Illness Insurance is another voluntary benefit that is relatively new to the insurance market. An employee selects an amount between $10,000 and $50,000 of coverage. A lump sum benefit is provided, based        on a percentage of the face amount, upon diagnosis of such conditions as a heart attack, stroke, permanent  paralysis, major organ transplant, end-stage kidney failure, and coronary artery bypass surgery.

This supplemental benefit is designed to help ease the financial burden of these major illnesses. Just like the Cancer Insurance Policy, the benefits for Critical Illness Insurance are payable in addition to benefits paid by your health insurance, disability, or cancer plans. This policy is fully portable, meaning employees can take their coverage with them if they leave the company.