What is Critical Illness Coverage?

There are often a number of financial stresses associated with surviving a health crisis; loss of wages, travel to and from medical treatments, and home modifications can greatly increase your cost of living as you deal with your illness. 

Critical illness insurance is designed to ease financial pressures by paying a tax-free lump sum if you become seriously ill. The chambers of Commerce Group Insurance Plan can pay up to $50,000 for employees and/or spouses who receive a diagnoses of a serious condition. This payment can be used however the plan member decides; there are no restrictions placed on how the money is used. 

 

Some of the illnesses covered by the Chambers Critical Illness plan include: 

  • Cancer 
  • Heart attack
  • Parkinson's Disease
  • Multiple Sclerosis
  • Major Burns
  • Coma 
  • Speech loss
  • Stroke
  • Kidney Failure 
  • Paralysis 

 

To learn more about Critical Illness insurance, please visit the Chambers of Commerce Website: