Critical illness insurance


 

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What is critical illness insurance?


Critical illness insurance offers help paying costs associated with life-altering illnesses. If you become sick with an illness covered by your policy and survive the waiting period, you receive a lump sum cash payment - you decide how to spend the money.


We offer 3 critical illness insurance products:

  SunSpectrum Basic Critical Illness Insurance SunSpectrum Critical Illness Insurance Sun Critical Illness Insurance
Illnesses covered 4 full payout illnesses 22 full payout illnesses,
4 partial payout illnesses,
5 childhood illnesses		 24 full payout illnesses,
4 partial payout illnesses,
5 childhood illnesses (plus 2 additional illnesses starting at the policy anniversary following the child's 18th birthday)
Additional covered illnesses None None 2 full payout illnesses
  • These illnesses can be added to adult plans
  • These illnesses are included in child plans, and become effective at the policy anniversary following the child's 18th birthday
Available plans

T25 or ends at age 65, whichever comes first

Non-renewable coverage for 25 years or to age 65

Choice of single life or joint coverage

Term
10-year renewable term insurance with protection to age 75

Permanent
Level permanent insurance with protection for life.

T10
10-year renewable term insurance with protection to age 75

T75
Level term insurance with protection to age 75. 2 payment options:

  • pay to age 75 or
  • pay for 15 years.

T100 (Lifetime)
Level permanent insurance with protection for life. 3 payment options:

  • pay to age 100,
  • pay for 15 years, or
  • pay for 10 years.
Benefit amounts you can buy $50,000 to $500,000
  • Adult plan: $50,000 to $2,000,000
  • Child plan: $50,000 to $250,000 (In some cases, we'll consider coverage for child plans up to $500,000.)
Age limits 18 to 50
Other services? None Best Doctors® services Best Doctors® services
Includes Additional covered illnesses automatically included on child plans only
Options you can choose Disability waiver benefit
What's the cost? Varies with gender, age, smoking status, medical history and other factors.
More information Sample policies Sample policies Sample policies
Published: 03/12/2007
Last updated: 03/12/2007