Benefit Summary
Colonial Life’s Group Critical Illness insurance helps guard against financial hardship if you or a covered family member is diagnosed with a critical illness. The lump sum benefit, up to $50,000, provides cash to you when you need it most, to help cover medical expenses (deductibles and coinsurance), non-medical expenses, and lost income from work.
Covered Illnesses
- Benign brain tumor
- Heart attack
- Stroke
- Sudden cardiac arrest
- End-stage renal failure
- Major organ failure
- Loss of sight or speech
- Coma
- Permanent paralysis due to an accident
- Blindness
- Occupational infectious HIV
- Occupational infectious Hepatitis B, C, or D
- Coronary artery bypass surgery/disease (paid at 25% of face amount)
If you receive a benefit for one critical illness, and later you are diagnosed with a different critical illness, you will receive the full 100% benefit amount for that next critical illness. Also, if you are diagnosed with the same critical illness (other than coronary artery bypass surgery, occupational infectious HIV/Hepatitis B, C or D) you will receive 25% of your benefit amount for the second diagnosis. (Note: Subsequent diagnosis must be separated by 180 days.) Included with new policies written for 2022 and later, COVID-19 is covered at 25% of the face value; all other named infectious diseases are covered at 50%. An annual $100 wellness benefit per covered person is also included.