Navigation Links
Critical Illness Plans Help Pay for What Health Insurance Won't

COLUMBIA, S.C., Sept. 14 /PRNewswire/ -- A new critical illness plan from Colonial Life & Accident Insurance Company can help many working Americans who may be one serious medical issue away from financial problems. Even with good health insurance, a serious illness, such as a heart attack or stroke, could leave employees on the hook for huge expenses.

"Even employees who plan for the unexpected with life, disability and medical insurance may find some expenses still unpaid," says Randy Finn, director of product development for Colonial Life. "Without adequate protection, people who suffer a critical illness might have to pull from their savings or rely on the financial aid of family members." In fact, nearly a third of Americans report their family has had problems paying medical bills, with 18 percent reporting bills in excess of $1,000.(1)

A voluntary critical illness plan pays dollars to the insured when he or she is diagnosed with a specified disease. The insured can choose to apply the money to medical expenses, such as deductibles, treatment bills, rehabilitation or home health care expenses. Or, the insured can use the money for nonmedical expenses such as mortgages, groceries, electric bills, child care, or travel to and from a treatment center. "With a critical illness plan," Finn says, "employees will have the money they need while recovering so they can focus on getting well instead of paying the bills."

Colonial Life's New Voluntary Critical Illness Plan

Covered illnesses:

  • Cancer
  • Heart attack (myocardial infarction)
  • Stroke
  • Major organ failure
  • End stage renal (kidney) failure
  • Permanent paralysis caused by a covered accident
  • Coma
  • Blindness
  • Occupational infectious HIV/ Hepatitis B, C or D
  • Coronary artery bypass graft surgery
  • Carcinoma in situ


  • Subsequent diagnosis optional benefit pays more than once for certain illnesses
  • Face amounts up to $100,000
  • $50 wellness (health screening) benefit
  • Dependent child coverage
  • Health-savings-account compliant option
  • For employees and spouses up to age 70

"A critical illness plan is for survivors," Finn says. "Some insureds may never be able to return to their old lifestyle, go back to the same jobs or return to work at all. Instead, they'll face a new way of life focused on recuperation, recovery and rehabilitation. Benefits from a critical illness plan can help ease financial worries and close coverage gaps."

For more information about Colonial Life's new critical illness plan, call (803) 798-7000 or visit

About Colonial Life

Colonial Life & Accident Insurance Company is a market leader in providing insurance benefits for employees and their families through their workplace, along with individual benefits education, advanced yet simple-to-use enrollment technology and quality personal service. Colonial Life offers disability, life and supplemental accident and health insurance policies in 49 states and the District of Columbia. Similar policies, if approved, are underwritten in New York by a Colonial Life affiliate, The Paul Revere Life Insurance Company. Colonial Life is based in Columbia, S.C., and is a subsidiary of Unum Group.

(1) Kaiser Tracking Poll, 2008, Kaiser Family Foundation.

Exclusions and limitations may apply. Critical Illness 1.0 benefits and covered illnesses may vary by state.

SOURCE Colonial Life
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. SXC Health Solutions teams with Allscripts to deliver critical prescription information to physicians at the point-of-care
2. Memorial Blood Centers Issues a Critical Alert For Blood Donations
3. Success of National Fundraising Event Critical to Promising Research for Life-Threatening Kidney Disease
4. California Dental Association to Showcase Critical Role of Dentists in Identifying and Treating Sleep Disorders
5. U of M convenes a summit on the H1N1 influenza pandemic and critical business preparedness
6. Allsup Outlines 10 Critical Questions to Answer When Evaluating Medicare Plans
7. Electronic Information Exchange Is Critical to Closing the Gap in Health Care Reform
8. CriticalPoint(TM) Launches Seven New Virtual Compounder(TM) Training Modules
9. Joint Commission Alert: Effective Leadership Critical to Preventing Medical Errors
10. Integrated Medical Systems Receives $1.1 Million From the U.S. Department of Defense for Critical Enhancements of the Worlds First Suitcase Intensive Care Unit
11. U.S. Senate Candidate Cheryle Jackson: Public Option Critical to Real Health Care Reform
Post Your Comments:
(Date:11/27/2015)... CA (PRWEB) , ... November 27, 2015 , ... ... use in Final Cut Pro X. With ProSidebar: Fasion, video editors can easily ... use ProSidebar as a minimalist title opener. Utilize presets featuring self-animating drop zones, ...
(Date:11/27/2015)... ... November 27, 2015 , ... Consistent with the ... 2016 Building Better Radiology Marketing Programs meeting will showcase some of ... 6, 2016, at Caesars Palace in Las Vegas with a pre-conference session on ...
(Date:11/27/2015)... ... 2015 , ... A simply groundbreaking television series, "Voices in America", which is ... an array of issues that are presently affecting Americans. Dedicated to providing the world ... is changing the subjects consumers focus on, one episode at a time. , ...
(Date:11/27/2015)... Bangalore, Karnataka (PRWEB) , ... November 27, 2015 ... ... the world, Health-E-minds, an innovative online platform for mental health and wellness consultation, ... KleverKid. , This partnership will bridge the knowledge gap experienced by parents and ...
(Date:11/27/2015)... IL (PRWEB) , ... November 27, 2015 , ... ... of the largest, most successful and prominent nonprofit healthcare organizations in the country. ... governance involvement with various organizations, and helped advance the healthcare industry as a ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... November 26, 2015 ... addition of the  "2016 Future Horizons ... Cell Surface Testing Market: Supplier Shares, ... their offering.  --> ... the  "2016 Future Horizons and Growth ...
(Date:11/26/2015)... , November 26, 2015 /PRNewswire/ ... --> adds "Global ... and "Investigation Report on China Repaglinide ... 2021 forecasts data and information to ... . --> ...
(Date:11/25/2015)... 2015 ... "Global Brain Monitoring Devices Market 2015-2019" ... ) has announced the addition ... Market 2015-2019" report to their offering. ... ) has announced the addition of ...
Breaking Medicine Technology: