Help Preserve Your Quality of Life If a Life-Threatening Illness Occurs
Critical Illness Insurance
Every day many Americans face the difficult reality of how to cope with a serious health diagnosis. According to the American Cancer Society, about 1.68 million new cases of cancer are expected to be diagnosed in 2017. Critical illness — such as life-threatening cancer, heart attack and stroke — can be one of the greatest threats to your desire to be financially independent. Recovery from a critical illness is often lengthy and expensive — involving the potential loss of your personal wages and your ability to pay for care and treatment.
Critical illness insurance, which does not replace the need for health insurance, can help protect you from potential financial hardship when a critical illness happens. The policy pays you a benefit to help protect your quality of life with the freedom to use the money however you choose. You may want to use the money to pay off debts, supplement lost income, take advantage of experimental treatments, arrange for child care while recovering, take a trip or simply maintain your quality of life.
Filling Gaps in Your Current Coverage
Western & Southern Life's Critical Illness Insurance helps you fill the financial gaps not covered by your traditional health, disability, life and accident insurance. Our policy pays upon first diagnosis 100 percent of your maximum benefit if you:
Have a heart attack (myocardial infarction), as defined in the policy
Are diagnosed with life-threatening cancer (malignant neoplasm), as defined in the policy
Have a stroke, as defined in the policy
Have a major organ transplant
Are diagnosed with end-stage renal failure
One other important feature of our Critical Illness Insurance is the return of premium (not available in Florida or Minnesota) if you are not diagnosed with cancer and do not suffer a heart attack, stroke or any other covered illness. Upon your death, if the policy is in force, we will return to the owner or to the owner's beneficiary if the owner is deceased or to the owner's estate if there is no beneficiary, 100 percent of all premiums (excluding the Accidental Death Benefit, an available policy rider) paid minus any benefits paid.
Know Your Critical Illness Insurance Facts
Take a couple of minutes to learn these important critical illness facts so you can plan for the unexpected with benefits you can count on. Critical illness insurance for the living can help protect you from potential financial hardship.
Critical Illness Insurance Facts
Critical Illness Insurance for the Living
Plan for the unexpected. 1.6 million new cancer cases were diagnosed in 2016. About 1.68 million new cases of cancer are expected to be diagnosed in 2017. (Cancer Facts and Figures 2016, American Cancer Society)
Approximately 800,000 strokes will occur this year, with one occurring every 40 seconds. Approximately 55,000 more women than men have a stroke each year. (www.stroke.org/understand-stroke/what-stroke, accessed on 3/14/17)
About 92.1 million Americans have one or more types of heart disease or stroke. Each year, an American will suffer a heart attack about every 40 seconds. (American Heart Disease and Stroke Statistics 2017 At-a-Glance)
Benefits you can count on.
Money available when you need it, for what you need, if you are diagnosed with a critical illness insured condition, as defined in the policy.
Your money can be used for anything you please, if you are diagnosed with a critical illness insured condition, as defined in the policy.
Coverage for critical illnesses beyond your health plan, if you are diagnosed with a critical illness insured condition, as defined in the policy.
Return of Premium* Return of premium paid upon death of policy holder. No return of premium will be made if the insured dies from any cause listed in the Exceptions and Limitations section of the policy. *Return of Premium is not available in all states.
No reduction in benefits past age 65 with the Critical Illness Plus Plan* *The maximum benefit amount in force on critical illness base policies will automatically be reduced by 50% on the policy date anniversary on or following the insured’s 65th birthday. The premium does not reduce.
Talk to one our Financial Representatives for more information.
Why Critical Illness Insurance From Western & Southern?
When you’re looking for protection from potential financial hardship in case of critical illness, you want to partner with a company with a history of financial strength. Western & Southern, one of the strongest life insurance groups in the world, has a heritage of helping people secure their futures for 130 years. We offer you financial stability you can count on.
Critical Illness insurance does not replace the need for health insurance.
Critical Illness and Critical Illness Plus Limited Benefit Policy series 0907-80 and 0907-80-U issued by The Western and Southern Life Insurance Company.
The Western & Southern Life Insurance Company, Cincinnati, Ohio, operates in DC and all states except AK, CT, ME, MA, NH, NY and VT.
Critical Illness coverage is not comprehensive health insurance coverage (often referred to as "Major Medical Coverage"). It does not satisfy the individual mandate of the Patient Protection and Affordable Care Act. It does not meet the requirements of minimum essential coverage as defined by federal law.
This policy contains exclusions, limitations, reduction of benefits and terms for keeping them in force. Product availability, benefits, coverage, exclusions and limitations may vary by state.
Life insurance policies contain certain exclusions, limitations, reductions of benefits and terms for keeping them in force. Please contact a financial representative for complete details.
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