Critical Illness Insurance
Higher deductibles and healthcare costs are adding stress to people’s lives and budgets. Help them fill the financial gap with critical illness insurance.
Get Tools and Materials
Opportunities in Today's Market
Many middle-class Americans who face cancer, heart disease or other serious illnesses also face thousands of dollars of debt. Fundraisers on crowdfunding websites like GoFundMe have become a popular way to find financial help in times of a healthcare crisis – yet only one in 10 campaigns meets its goal.*
The need is real. Think of the difference $30,000 could make for a person who has just been diagnosed with a serious illness. There’s never been a better time to sell critical illness insurance.
*Source: Fast Company, “We analyzed nearly 2 million GoFundMe campaigns. This is what they don't tell you.,” July 31, 2024
How Our Product and Process Differ
Consumers often express how the traditional process for buying insurance is too long and complicated. At Assurity, we heard the message loud and clear. We’ve taken steps to streamline the process with our Critical Illness Insurance.
Features
Our in-depth guide gives you all the details, but here are the key highlights:
Flexible lump-sum benefit amounts
from $5,000 to $75,000 for simplified underwriting (full underwriting for amounts from $75,001 to $500,000); 18 to 70 (age last birthday)
Return of premium (ROP) options
ROP upon death is not caused by a critical illness. A return of premium rider is also available, which returns a percentage of premiums if the policy is cancelled or lapses.
Multi-benefit payout
Unlike many CI policies that are “one and done,” ours pays for each different critical illness covered in the policy if the diagnosis is separated from the prior critical illness by at least six months.
Competitive commissions
Both up front and at renewal – a highlight of your book of business.
Underwriting Made Easy
Our process makes life easier for you and your clients.
Easy E-App
With just a few health questions and an instant decision, our E-application process can be completed in minutes.
No Medical Exams
Skip invasive, time-consuming exams and speed up sales with no medical exams required for your clients.
Policy Delivery
Our quick policy issue makes you money, with an average two-day turnaround for apps in good standing.
Cross-Selling Critical Illness Advantage
If your clients already qualified for preferred life insurance with another carrier, they may be able to get up to $200,000 in Critical Illness Insurance without additional underwriting. It’s a convenient way for them to get more coverage, and a great cross-selling opportunity for you. Get the details.
Tools to help you sell
Like what you're reading?
Let's talk more and see how we can help.
NOT AVAILABLE IN NEW YORK.
CRITICAL ILLNESS INSURANCE PROVIDES LIMITED BENEFIT COVERAGE. It is not a comprehensive major medical plan or Medicare supplement policy. The description of benefits is intended only to highlight the insured’s benefits and should not be relied upon to fully determine coverage. If this description conflicts in any way with the terms of the policy, the terms of the policy prevail. For complete benefits descriptions and conditions, see the policy.
Circular 230 Disclosure: Any U.S. tax information contained in this communication is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code, or (ii) promoting, marketing or recommending to another party any matters addressed herein.
Policy Form Nos. I H0810, CI 005, l H0820, CI 007 and Rider Form Nos. A-R 130, R I0812, CIR 016, CIR 018, R I0811, R I0822 and R I0821 underwritten by Assurity Life Insurance Company, Lincoln, NE.
Assurity is a marketing name for the mutual holding company Assurity Group, Inc. and its subsidiaries. Those subsidiaries include but are not limited to: Assurity Life Insurance Company and Assurity Life Insurance Company of New York. Insurance products and services are offered by Assurity Life Insurance Company in all states except New York. In New York, insurance products and services are offered by Assurity Life Insurance Company of New York, Albany, NY. Product availability, features and rates may vary by state.