If you’re diagnosed with an ailment, do you have a plan?
Critical Illness coverage pays a lump-sum benefit if you are diagnosed with a covered disease or condition. You can use this money however you like; for example: to help pay for expenses not covered by your medical plan, lost wages, child care, travel, home healthcare costs or any of your regular household expenses. Some common conditions covered (at different percentages) include:
Some plans include pre-existing condition exclusions. Others include wellness benefits, where a benefit is payable for completing certain wellness screenings such as a pap test, cholesterol test, mammogram, colonoscopy or stress test. Rates are typically based on age and benefit amount. Talk to your employer to see if this coverage is available to you.
Content by Lockton Dunning Benefits with info from https://www.mayoclinic.org/healthy-lifestyle/nutrition-and-healthy-eating/in-depth/organic-food/art-20043880