No insurance can protect you from a critical illness. But critical illness insurance can relieve some of the financial burden if it happens. We offer options for employees to purchase critical illness insurance.
Critical Illness (Voluntary)
Cost and coverage
This policy will protect you and your family from the financial uncertainties if a critical illness (like cancer, heart attack or stroke) strikes you or your family.
For example, if you have a heart attack, stroke or are diagnosed with invasive cancer, you will receive a benefit of $10,000.
You will also get paid for many wellness activities, including:
- Blood tests for triglycerides
- Bonemarrow testing
- HPV vaccination
- Pap smear
- And many more
Your critical illness insurance covers a variety of conditions, including:
- Heart attack
- Coronary artery bypass surgery
- Major organ transplant
- End stage renal failure
- Invasive cancer
- Carcinoma in situ
- Advanced Alzheimer’s disease
- Advanced Parkinson’s disease
- Benign brain tumor
- Complete blindness
- Complete loss of hearing
Limits and exclusions
Unfortunately, even the best insurance doesn’t cover all the costs associated with a critical illness and its treatment.
Claims will be subject to pre-existing review in the first 12 months of having the policy.
Only spouse/domestic partner, children and the employee are eligible. Children will not be covered after age 25.
How to use the benefit
If you are diagnosed with a covered critical illness, the lump sum benefit will be paid directly to you, not to the doctors or hospital. This allows you to spend the money in any way you see fit, such as deductibles, co-insurance or even everyday bills such as mortgage or rent payments, food and utilities.
Enrolling and changing
This is a voluntary addition to your other insurance.
This coverage is guaranteed issue when first offered, which means there are no health questions required to enroll.
You will be able to purchase a benefit amount that is paid to you in one lump sum.
You should enroll within 30 days of your start date. This initial enrollment typically happens during orientation.
Each fall, the university participates in open enrollment when you can make changes to your plan, like adding spouse or dependents.
Outside of the open enrollment period, changes can only be made due to qualifying life events (like marriage, divorce or having a child).
For more information, contact human resources.
If you participated in a qualifying wellness activity, complete the wellness claim form and submit.
When you are diagnosed with a critical illness, you can make a claim by setting up an account at All State or you can call customer service at 800-521-3535.