What is Critical Illness insurance?

Critical Illness insurance can provide a lump-sum payment, ranging from $5,000 to $100,000, if an employee or a family member is diagnosed with a covered critical illness such as heart attack, Alzheimer's disease or Lou Gehrig’s disease.1 Employers can also choose to include coverage for Cancer Care.

Several different Critical illness policies are sold through Mosaic Group, giving employers the opportunity to choose the best fit for their specific situation.

Who should consider it?

Employees with a family history of heart attacks, heart disease or cancer will be particularly interested in Critical Illness coverage. Employer-paid insurance is a welcome benefit for employees who would face a financial burden from out-of-pocket medical expenses, or have difficulty paying household or childcare expenses while in treatment.

  • Key benefits

    Key benefits

    • Policies available with or without cancer coverage
    • Policy face amounts of up to $100,000
    • Cash payments are provided directly to employee
    • Coverage is portable
    • Coverage is available to eligible family members
  • Additional features

    Additional features

    Some Critical Illness insurance includes a wellness or health screening benefit that can be applied toward common wellness exams, such as a mammogram, EKG or Pap smear.

  • Application process

    Application process

    For information or to request a proposal for a Critical Illness insurance policy underwritten by USAble Life, Principal Life or The Hartford, please contact your Mosaic Group representative.

  1. Subject to underwriting. Some coverage levels can be offered on a Guaranteed Issue basis with minimum participation requirements.