Critical Illness Insurance |
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Who needs critical illness insurance?
It's difficult to predict if or when you will suffer a critical illness, however, if you relate to one of the following descriptions, you may want to consider critical illness insurance:
- Your high income precludes you from purchasing enough disability to meet your needs
- Your high-risk profession prevents qualification for traditional disability coverage
- You have a high medical deductible
- You don't have health insurance
- You're a parent
- You're self-employed
- You're a homemaker
How does Mutual of Omaha's critical illness insurance work?
Mutual of Omaha's critical illness insurance pays 100 percent of your maximum benefit amount for these illnesses and conditions, in accordance with all other requirements of this policy:
- Heart Attack (myocardial infarction)
- Life-threatening cancer
- Stroke
- Alzheimer's disease
- Major organ transplant
- Paralysis
- Kidney Failure
- Blindness
- Deafness
- First-Ever Coronary Artery Bypass Surgery
- First-Ever Coronary Angioplasty
- First Carcinoma in Situ
What does critical illness insurance pay for?
Critical Illness Insurance is designed to help meet the additional expenses associated with a serious illness or condition. You may use your critical illness insurance to help pay for unexpected expenses such as:
- Hospital and doctor charges
- Replace part of your lost income
- Experimental treatment
- Travel expenses to and from treatment
- Out-of-network doctors and hospitals
- Childcare and eldercare
- Insurance deductibles and co-payments