Aflac Group Critical Illness
Group Critical Illness with Cancer Rider
Having a Critical Illness policy may help you pay for expenses you could incur when diagnosed with a covered illness such as a heart attack, stroke, coma, major organ failure and possibly cancer. This coverage can help you offset the cost of your treatments and related medical expenses, regardless of your what your major medical plan covers. In addition, this will also cover your legal dependent children for 50% of you, the insureds, enrolled amount at no additional charge.
In general, under a Group Critical Illness policy you can receive a lump-sum benefit payment upon diagnosis of the covered condition to use as you see fit. For example, if you elect to have a $10,000 policy amount and experience a stroke you could receive the full $10,000. This benefit can be used to help offset your income, pay for deductibles and copayments, apply towards your regular living expenses, or even pay for transportation so your loved ones can be with you.
In addition, the policy you elect can be used for each covered condition as long as the allowable period of time has been met between the diagnoses of each condition. Each condition is payable once per lifetime. Depending on your plan options, you may also add Cancer as an additional covered condition. Spouse and Dependent coverage is also available.
$50 Health Screening Benefit: After completing a 30 day waiting period from date of enrollment, you and your covered spouse only, can each receive a health screening pay out for one of the covered health screening tests listed in the plan document brochure link below.
This is your policy, therefore coverage is portable. You can take this coverage with you if you leave or retire without having to answer health questions.
Please review the plan documents to see details on the coverage options available including a full list of covered conditions.
Monthly Premiums- Post Tax
Plan Documents/ Resources
Aflac Group Accident
If you or your covered dependents experience an injury such as broken bones, torn ligaments, burns or other covered injuries due to an accident, Accident coverage can provide you with a lump-sum benefit based on the type of treatment you need. The benefits you receive may cover expenses incurred from emergency room treatment, hospitalization, surgery, medical appliances, lodging, and certain follow-up therapy services. (These benefits are generally paid in addition to and regardless of other coverage you may have (i.e. major medical insurance)).
Please review the plan documents to see the full schedule of benefits including covered injuries/incidents and covered expenses.
- Coverage is guaranteed-issue (which means you will qualify for coverage without having to answer health questions)
- Benefits are paid directly to you, unless you choose otherwise.
- Coverage is available for you, your spouse and dependent children.
- Coverage is portable (with certain stipulations). This means you can port this policy if you terminate employment or retire.
- Fast claims payment. Most are processed within 3 business days (based on claim submission process).
$25 Health Screening Benefit: After completing a 12 month waiting period from date of enrollment, you and your covered dependents, can each receive a health screening pay out for one of the covered health screening tests listed in the plan document brochure link below.
$50 Health Screening Benefit: Year Two of being enrolled.
Employee Only- $11.72
EE + Spouse- $19.62
EE + Child(ren)- $26.75
EE + Spouse and Child(ren)- $34.65
Plan Documents/ Resources
Aflac Group Hospital Indemnity
Group Hospital Indemnity
This benefit is paid when a Covered Person is admitted to a hospital and stays for 24 hours or more and is confined to a bed because of injuries received in a covered accident or due to a covered sickness.
If you end up in the hospital due to an illness or injury for several days, you may be concerned with how you will pay for those unexpected medical expenses. Hospital Indemnity coverage can help you pay for costs associated with hospitalization, outpatient surgery, and diagnostic procedures. This benefit is designed to help pay the out-of-pocket expenses. This benefit is designed to help pay the out-of-pocket expenses your health insurance may not cover such as deductibles, co-payments and coinsurance. Please review the plan documents to see details on the coverage options available including a full list of covered conditions.
Benefits are generally paid in addition to and regardless of other coverage you may have (i.e. major medical insurance).
Employee Only- $21.47
EE + Spouse- $40.79
EE + Child(ren)- $34.12
EE + Spouse & Child(ren)- $53.44
Hospital Confinement (Per day): Paid out first day- $250
Hospital Admission (Per Confinement): Paid out first day- $1,000
Hospital Intensive Care (Per Day): $250
Example: If you are admitted to the hospital, the first day you could receive a $1,250 paid benefit. If you are admitted to Intensive care the first day, you could receive a $1,500 paid benefit.
Plan Documents/ Resources
It’s common for employees to protect their families’ future with end-of-life benefits, but also common to have a need for long term care. Universal Life with LTC helps employees manage both by combining the benefits of life insurance with living benefits they can use for long term care, home healthcare, adult day care or assisted living.
What is Universal Life?
Helps provide permanent financial protection and is a financial tool that helps you manage life at every stage. Builds cash value over time so that you can prepare for life’s challenges and opportunities. Guaranteed Issue: $100,000 after answering two simple health questions
How Does it work?
With Universal Life, benefits can be paid as a Death Benefit, as Living Benefits or a combination of both.
EZ Value Option
Automatically increases coverage to keep pace with increasing needs- without additional underwriting. This is fully portable. May be cancelled at any time. It is automatically increased via payroll deductions. Inflation-fighting options for employees and spouses.
Rates will vary by age, smoking, benefits selected and current interest rate, please log into bswift to obtain pricing.