Plan Administrator: Independence Holding Company IHC | AM Best Rating: A-"Excellent" | Underwriter: Independence American Insurance Company, Madison National Life Insurance Company, and Standard Security Life Insurance Company of New York.
Critical Illness Diagnosis |
Benefit Payment Percentage |
|---|---|
Category I |
|
|
Invasive Cancer (Diagnosed more than 90 days after the effective date) |
100% |
|
Invasive Cancer (Diagnosed during the first 90 days of coverage) |
10% |
|
Cancer In Situ (Diagnosed more than 90 days after the effective date) |
25% |
|
Cancer In Situ (Diagnosed during the first 90 days of coverage) |
2.5% |
Category II |
|
| Heart Attack | 100% |
| Stroke | 100% |
|
Major Organ Failure (Failure of the heart or a combination organ failure including the heart) |
100% |
| Coronary Artery Bypass | 25% |
| Angioplasty | 10% |
Category III |
|
|
Major Organ Failure (Not covered in Category II) |
100% |
| End-Stage Renal Disease | 100% |
| Severe Burn | 100% |
| Coma | 100% |
| Paralysis | 100% |
| Covered Individual | Benefit Options |
|---|---|
| Primary insured |
$20,000 - $50,000 Available in increments of $1,000 |
| Spouse |
$20,000 - $50,000 Available in increments of $1,000 |
| Child(ren) | $10,000 |
An insured person may receive benefit payments from each of the following three categories of critical illness diagnosis. The benefit payment under each category cannot exceed 100 percent of the benefit amount per category.