Learn why specified disease insurance may be right for you.
A heart attack, cancer diagnosis, or other life-altering health condition usually leads to unknown and sudden costs. Specified disease insurance helps reduce this by paying a lump-sum benefit so insureds can concentrate on their recovery instead of their finances. Learn why specified disease insurance may be right for you.
Financial Benefits of Having Specified Disease Insurance
Less Financial Burden Due to an Illness
When you, a kid, a kid, or a spouse/domestic partner are diagnosed with a covered medical condition, you can get a cash benefit to help pay for unexpected costs your health insurance doesn’t cover.
Cover Other Expenses
While health programs may cover direct costs associated with a specified disease, you can utilize your benefit to help with related expenses, including child care, lost income, deductibles, transportation, and co-pays. For instance, add coverage to your benefits package to help your employees earn valued financial protection with no direct costs.
Receive a Cash Benefit
The MWE Partnership’s clients can use specified disease insurance however they want. It pays in addition to other coverage they may already have. Benefits are paid directly to employees unless specified otherwise. Your employees can use the benefits where they need them the most.
Factors To Consider
Consider the following factors when determining whether to enroll in critical illness insurance:
- The coverage cost per paycheck is based on your age, who you cover, and your chosen coverage level.
- Does a serious medical condition run in your family? Do you require financial assistance to balance the cost of a serious health circumstance? If so, you may benefit from having critical illness insurance without answering any medical questions to receive coverage.
Additional Executive Benefits Packages
To round out your executive benefits package and offer additional protection to your executives and your company, our clients may pick from our range of individual insurance products, including:
- Short-term disability insurance
- Long-term disability insurance
- Accident insurance
- Vision insurance
- Dental insurance
- Critical illness insurance
- Long-term care insurance
- Pet insurance
- And much more!
For more information or questions regarding specified disease insurance, contact The MWE Partnership today!
Get in Your Voluntary, Supplemental, and Health Insurance Policies with the MWE Partnership!
Are you a business looking to provide your employees with essential voluntary benefits? If so, look no further than The MWE Partnership. When you choose The MWE Partnership, you get experienced service and comprehensive voluntary benefit options that will meet all your employees’ needs. With over 17 years of experience, The MWE Partnership is your go-to provider for all your supplemental benefit needs. If you are interested in finding out how The MWE Partnership can help your business, contact us today! We encourage you to like our Facebook page and follow us on X and LinkedIn for the latest voluntary benefit news!