Arizona Critical Illness Insurance Coverage

  • Coverage that pays you for living
  • Covers certain critical illnesses provided that the first diagnosis of the covered critical illness is made while the policy is in force
  • Typical critical illness covered are Alzheimer’s disease, blindness, life threatening cancer, deafness, heart attack (myocardial infarction), major organ transplant, multiple sclerosis, and a few others.
  • Accidental Death and Dismemberment (AD&D) can also be part of a critical illness plan.

  • Mutual Of Omaha

    Mutual Of Omaha
    • Mutual of Omaha is one of the best and well known names in the US for great plans to include Critical Illness plans
    • Critical illness plan pays 100% of your maximum benefit amount for illnesses such as heart attack (myocardial infarction)
    • Optional benefits may be added such as disability income and accidental death and dismemberment

  • Assurity

    Fully Underwritten Plan

    Assurity Life Insurance Company
    • Issue ages from 18 through 64
    • Can cover those who smoke
    • Benefits range from $50,000 to $500,000 for each category
    • Policy is guaranteed renewable for life
    • Additional riders available for an additional premium such as
      • Disability waiver of premium rider
      • Accidental death benefit rider
      • Spouse critical illness benefits rider
      • Children’s critical illness benefits rider

  • Assurity

    Simplified Plan

    Assurity Life Insurance Company
    • Issue ages from 18 through 59
    • A short application is used
    • Benefits range from $5,000 to $50,000 for each category
    • Renewable up to age 75
    • Additional riders available such as
      • Disability waiver of premium rider
      • Accidental death benefit rider
      • Spouse critical illness benefits rider
      • Children’s critical illness benefits rider

Why have Critical Illness Coverage?

  • Pays an up-front cash benefit upon diagnosis (as defined by the policy/certificate) of a covered critical illness
  • How you use that money is completely up to you like taking a family vacation so you can spend time together
  • Helps pay for the higher health insurance deductibles so you do not have to deplete your 401k or saving accounts.
  • Helps pay for those daily expenses that you must have even when you are away from work like child care, transportation and lodging cost to seek the best treatment, domestic help like cooking, cleaning, laundry, and lawn maintenance.
  • While the odds of surviving a critical illness have never been better, survival has a price, and a critical illness plan can help lessen the financial hardship.

Did you know that in the US: (2008 figures)

  • Every 26 seconds, someone suffers a coronary event
  • Every 40 seconds, someone suffers a stroke
  • About 1.4 million new cancer cases are expected to be diagnosed in 2008
  • Data from 2008 heart and stroke statistical update from American Heart Association and 2008 cancer facts and figures