Critical Illness Coverage

Critical Illness insurance provides extra coverage for diagnoses of certain diseases to conditions. Money received through this coverage can be used however you like, for example deductibles or out-of-pocket medical expenses, additional child care while a caregiver is ill or everyday household expenses.


Plan Highlights

  • Benefits are paid directly to you and coverage is in addition to any existing medical benefits.
  • Coverage is portable, meaning you can take it with you should you leave your employer or retire.
  • You can purchase up to $30,000 in coverage for yourself, $15,000 for your eligible spouse and $10,000 for eligible children.
  • Coverage for children ends on their 26th birthday.

To encourage a healthy lifestyle, this plan also provides an annual benefit of $100 for completing a health-screening test.


MONTHLY PREMIUMS

NON-TOBACCO USER
AGE TEAM MEMBER SPOUSE/DOMESTIC PARTNER
Under 30 $.69 $.82
30−39 $.71 $.89
40−49 $1.30 $1.48
50−59 $2.66 $3.36
60−64 $3.99 $5.12
65−69 $5.28 $6.28
70+ $7.76 $8.40

TOBACCO USER
AGE TEAM MEMBER SPOUSE/DOMESTIC PARTNER
Under 30 $.86 $1.06
30−39 $1.06 $1.21
40−49 $1.91 $2.15
50−59 $4.09 $5.22
60−64 $6.33 $8.27
65−69 $7.74 $9.31
70+ $11.39 $12.34

CHILD RATES

$4.85 per month for $5,000 of coverage or $9.70 per month for $10,000 coverage.


1 To calculate the total cost per pay period, take the total coverage amount desired divided by $1,000, multiply by monthly amount and divide by two. Example: For someone under age 30 who elects $30,000 of coverage the per pay period cost would be $10.35. Coverage Amount: $30,000 / $1,000 = 30 * .69 = $20.70 / 2 = $10.35 per pay period.

*Administered by ReliaStar Life Insurance Company, Compass Critical Illness Insurance is a limited benefit policy. This isn't health insurance and doesn't satisfy the requirement of minimum essential coverage under the Affordable Care Act. See the product brochure, certificate of coverage and any applicable riders for complete provisions, exclusions and limitations. Insurance products are issued by ReliaStar Life Insurance Company, a member of the Voya® family of companies, 20 Washington Avenue South, Minneapolis, MN 55401. Compass Critical Illness Policy form #: RL-CI3- POL-12; Compass Critical Illness Certificate form #: RL-CI3-CERT-12. Form numbers, provisions and product availability may vary by state.

 Extra Medical Coverage

Critical illness insurance pays a lump-sum benefit if you're diagnosed with a covered disease or condition including:

  • cancer 
  • heart attack 
  • stroke 
  • multiple sclerosis 
  • Parkinson's 
  • Alzheimer's 
  • hepatitis B, C, or D 
  • occupational HIV 
  • organ failure 
  • infectious disease