Critical Illness Insurance

Critical Illness Insurance  

Overview

Every 40 seconds, someone in the U.S. has a heart attack or stroke or is diagnosed with cancer or other serious disease.* If it happens to you, shouldn’t your primary focus be on getting well—not worrying about how to pay for your treatment and care?
Critical Illness** Insurance can help you by paying a lump sum benefit if you are diagnosed with a covered illness or condition. Features of this insurance include:

 

  • Pays a lump sum benefit based on whether you choose $10,000 or $20,000 benefit. Employee benefits are payable at 100% of the Critical Illness benefit amount stated unless otherwise noted in the certificate. Spouse benefit and child benefit is 50% of employee election.
  • Your benefit is paid directly to you.
  • Your premium is conveniently deducted from your paycheck.
  • Offered by Voya Employee Benefits and underwritten by ReliaStar Life Insurance Company, a member of the Voya® family of companies.
  • Guaranteed issue. Pre-existing condition limitations may apply.
  • Portable—you can keep your coverage if you leave your employer.

 

For a complete description of benefits, exclusions and limitations, refer to your certificate of insurance and riders.

Critical Illness Insurance is a limited benefit policy. It is not health insurance and does not satisfy the requirement of minimum essential coverage under the Affordable Care Act.

 

www.cdc.gov/heartdisease/facts.htm, March 2020
**Critical Illness is referred to as Specified Disease in some states.

 

Monthly Rates Employee: $10,000
Spouse: $5,000 Child(ren): $5,000
Includes Wellness Benefit Rider

 

Non-Tobacco
Attained Age EE Only EE+SP EE+CH FAMILY

Under 25

$3.30

$4.95

$3.30

$4.95

25-29

$3.70

$5.55

$3.70

$5.55

30-34

$4.50

$6.75

$4.50

$6.75

35-39

$5.70

$8.55

$5.70

$8.55

40-44

$7.80

$11.70

$7.80

$11.70

45-49

$8.60

$12.90

$8.60

$12.90

50-54

$10.60

$15.90

$10.60

$15.90

55-59

$15.40

$23.10

$15.40

$23.10

60-64

$17.70

$26.55

$17.70

$26.55

65-69

$22.10

$33.15

$22.10

$33.15

70+

$31.10

$46.65

$31.10

$46.65

Tobacco
Attained Age EE Only EE+SP EE+CH FAMILY

Under 25

$5.00

$7.50

$5.00

$7.50

25-29

$5.70

$8.55

$5.70

$8.55

30-34

$6.80

$10.20

$6.80

$10.20

35-39

$8.20

$12.30

$8.20

$12.30

40-44

$11.80

$17.70

$11.80

$17.70

45-49

$14.80

$22.20

$14.80

$22.20

50-54

$19.10

$28.65

$19.10

$28.65

55-59

$24.30

$36.45

$24.30

$36.45

60-64

$28.30

$42.45

$28.30

$42.45

65-69

$35.40

$53.10

$35.40

$53.10

70+

$50.30

$75.45

$50.30

$75.45

 

Monthly Rates Employee: $20,000
Spouse: $10,000 Child(ren): $10,000
Includes Wellness Benefit Rider

Non-Tobacco
Attained Age EE Only EE+SP EE+CH FAMILY

Under 25

$6.60

$9.90

$6.60

$9.90

25-29

$7.40

$11.10

$7.40

$11.10

30-34

$9.00

$13.50

$9.00

$13.50

35-39

$11.40

$17.10

$11.40

$17.10

40-44

$15.60

$23.40

$15.60

$23.40

45-49

$17.20

$25.80

$17.20

$25.80

50-54

$21.20

$31.80

$21.20

$31.80

55-59

$30.80

$46.20

$30.80

$46.20

60-64

$35.40

$53.10

$35.40

$53.10

65-69

$44.20

$66.30

$44.20

$66.30

70+

$62.20

$93.30

$62.20

$93.30

Tobacco
Attained Age EE Only EE+SP EE+CH FAMILY

Under 25

$10.00

$15.50

$10.00

$15.50

25-29

$11.40

$17.10

$11.40

$17.10

30-34

$13.60

$20.40

$13.60

$20.40

35-39

$16.40

$24.60

$16.40

$24.60

40-44

$23.60

$35.40

$23.60

$35.40

45-49

$29.60

$44.40

$29.60

$44.40

50-54

$38.20

$57.30

$38.20

$57.30

55-59

$48.60

$72.90

$48.60

$72.90

60-64

$56.60

$84.90

$56.60

$84.90

65-69

$70.80

$106.20

$70.80

$106.20

70+

$100.60

$150.90

$100.60

$150.90
Enrollment

Enrollment is limited to the company’s annual enrollment period.
Visit cathealthenrollment.bswift.com or call 1-833-735-2127

How It Works

Forms

These form(s) are in Adobe Acrobat Reader (PDF) format and are available for downloading and printing.

 

Critical Illness Benefit Guide

FAQs

Answers about the plan, including eligibility, options, enrollment, customer service and more.

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  • Who is the provider?
    Critical Illness Insurance is underwritten by ReliaStar Life Insurance Company (Minneapolis, MN), a member of the Voya® family of companies. Voya Financial is a division of ReliaStar Life Insurance Company.

  • How can this help me?
    Gives you the comfort to recover in confidence while minimizing the financial impact a serious illness can cause.

    Critical Illness Insurance pays a lump-sum benefit if you are diagnosed with a covered illness or condition.

  • Who can enroll?

    You, your spouse and eligible children qualify for this coverage.

     

    • All active employees
    • Your spouse*— Coverage is available only if employee coverage is elected.
    • Your children — to age 26. Coverage is available only if employee coverage is elected.


    *    The use of “spouse” means a person insured as a spouse as described in the certificate of insurance or rider. This may include domestic partners or civil union partners as defined by the group policy. Please contact your employer for more information.

  • When can I enroll?
    As a new hire, you can enroll within your employer’s benefits eligibility guidelines. Outside of your new hire or a new life event period, enrollment is limited to the company’s annual enrollment.  Please contact your employer for further details.

  • What if my employment status changes?
    When you leave or retire from your current employer, you will need to complete portability documents to continue your coverage without interruption, subject to applicable law and the policies' terms and conditions. Once the portability documents are complete, you will be billed directly by Voya.

  • What serious illnesses and diseases am I covered for?
    Critical Illness Insurance provides a benefit payment upon the diagnosis of a covered illness or condition such as a heart attack or stroke. Benefits are payable at 100% of the critical illness benefit amount unless otherwise noted in your certificate. A pre-existing condition limitation may apply. For a complete description of benefits, exclusions and limitations, refer to your certificate of insurance and any riders.

  • What happens if I recover and then I’m diagnosed again?
    The number of times you may receive a benefit varies based on the plan selected by your employer. For a complete description of benefits, exclusions and limitations, refer to your certificate of insurance and riders.

  • Exclusions and Limitations
    This is a summary of benefits only. A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of insurance and riders. All coverage is subject to the terms and conditions of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern. To keep coverage in force, premiums are payable up to the date of coverage termination. Critical Illness Insurance is underwritten by ReliaStar Life Insurance Company (Minneapolis, MN), a member of the Voya® family of companies. Policy form #RL-CI4-POL-16; Certificate form #RL-CI4-CERT2-20; Spouse Rider form #RL-CI4- SPR2-20; Children's Rider form #RL-CI4-CHR2-20; Continuation Rider form #RL-CI4-CNT2-20; Absence from Employment Premium Waiver Rider form #RL-CI4-AEPW-20;Wellness Benefit Rider form #RL-CI4-WELL2-20; Waiver of Premium Rider form #RL-CI4-WOP-16; Infectious Condition Additional Benefit Rider form #RL-CI4-ICBR-22; Specified Condition Benefit Rider form #RL-C14-SCR-23; Benefit Enhancement Rider form #RL-C14-BER-23; and Additional Services Rider form #RL-CI4-VAS-20. Form numbers, provisions and availability may vary by state and employer’s plan.

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