Individual Health Insurance
Major medical policy purchased by an individual, not offered through your employer. HealthCare.gov Certified. Can be a more cost effective alternative than COBRA while transitioning jobs or out of work.
Personal Accident
Pays benefits for both 24-hour and off-the-job. Plan can be designed to include a Disability and Sickness Disability Rider. Covers children for non-professional, organized or scholastic sports activities. Available as both fixed amount or percentage based coverage.
Accidents can happen to anyone. Unexpected medical costs can leave an employee with a portion of the financial liability. Major medical plans have significant deductibles that accident insurance can help cover a portion of.
According to National Safety Council, Injury Facts, 2019, the number of injuries suffered by workers in one year, both on- and off-the-job, includes: 4.4M on-the-job and 41.9M off-the-job (Home = 25.0M; Non-Auto 12.6M; Auto 4.3M).
Cancer
Pays benefits directly to the insured for a covered cancer diagnosis and other specified diseases. Includes a wellness benefit and optional first diagnosis enhancement rider. Coverage also available for experimental treatment not covered by your medical carrier.
A cancer diagnosis can significantly impact an employee financially. This gives the employee the extra protection they need—before they experience a costly life event. To protect your assets from out-of-pocket medical expenses such as deductibles, cancer insurance can help cover some of this.
According to the American Cancer Society, Louisiana has one of the highest cancer mortality rates in the nation, with annual statistic having a numeric equivalent of about 160 people dying from cancer in the state every week. Additionally, they state that men have slightly less than 1 in 2 lifetime risk in developing cancer; for women, the risk is a little more than 1 in 3. Roughly 65% of cancer-related costs are indirect, and not covered by health insurance. Cancer insurance can help employees manage the high expenses of treatment, preserve their savings and protect their family from financial hardship.
Critical Illness
Provides a lump-sum benefit upon diagnosis of a covered condition. Wellness and additional occurrence included. Cancer treatment and benefit enhancement options available.
Critical Illnesses cannot be predicted, but you can help your employees be protected by planning for it. Unexpected medical costs can leave an employee feeling overwhelmed. To help with a heavy financial burden, this coverage provides cash benefits for an employee to apply to their out-of-pocket expenses.
According to Publicnewservice.org, Survey Confirms Frustration with Healthcare Costs, March 2021, 72% of people are struggling to budget because of out-of-pocket medical costs.
Life Insurance
Offers financial protection in a variety of different ways. Life insurance can do so much more than just pay a lump-sum cash benefit to named beneficiaries upon death. It can act as investment savings account accruing cash value, which can be borrowed against during difficult times. It can also add additional protection through living benefits, which can be used to pay for long-term care—nursing home, assisted living or in-home care.
While many American households have insurance, many still need life insurance. According to the 2019 Insurance Barometer Study, LIMRA, common financial concerns among Americans include: the ability to afford long-term care, medical and disability expenses, retirement, investments, living debt/expenses and final expenses.
Disclaimer: All products may not be available in all states.