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June 29, 2012 at 09:25 AM
UnitedHealthcare’s Golden Rule Insurance Company has introduced a critical illness insurance plan for individuals and families that provides cash payments to plan participants who are diagnosed with serious illnesses or conditions. Living expenses and out-of-pocket medical costs are just some of the options that the cash benefit can be used to cover.
People enrolled in the critical illness insurance plan can receive a lump-sum benefit payout if they are diagnosed with a specified illness or condition, such as cancer, heart attack, stroke or paralysis. Consumers can choose their coverage amount, available in $10,000 increments up to $50,000.
