Critical Illness
Insurance that protects employee assets.

 

Help covering out-of-pocket expenses when critical illness strikes.

As health care costs continue to rise, the value of supplemental insurance coverage becomes more important. Coverage from ManhattanLife helps protect an employee’s and their family’s assets in the event of a critical illness.

ManhattanLife offers two different critical illness policies – ManhattanLife Critical Illness and Cancer, a lump sum policy that is part of our Prestige series, and Critical Illness Insurance through our Premier series. Both deliver peace of mind by helping employees and their families cover a variety of expenses.

CRITICAL ILLNESS STATISTICS

805,000

Every year, more than 800,000 Americans suffer a heart attack. Today, more than 90% survive.1, 2

$53,384

The median hospitalization cost for a heart attack in the U.S. is $53,384, and the median hospitalization cost for a stroke is $31,218.3

$40B

Heart failure accounts for more than one million hospitalizations a year in the U.S., and costs nearly $40 billion annually.2

PRESTIGE CRITICAL ILLNESS AND CANCER HIGHLIGHTS

The ManhattanLife Critical Illness and Cancer Policy helps to protect an employee’s and their family’s assets in the event of a critical illness. It offers valuable peace of mind from the rising costs of specialized healthcare, which are not offered by ordinary health insurance.

 

USE CRITICAL ILLNESS AND CANCER LUMP SUM FOR

Out-of-pocket medical care costs
Home healthcare
Travel to and from treatment facilities
Training and rehabilitation
Loss of income due to absences from work (employee’s or family members’)
Childcare
Other expenses

 

CRITICAL ILLNESS AND CANCER BENEFITS

Pays up to three lump sum benefits (four with the Recurrence Benefit)
Pays regardless of other coverage
Covers vascular conditions, cancer, and other critical illness
All benefits are paid directly to the insured

CRITICAL ILLNESS STATISTICS

37 seconds

One person in the U.S. dies from cardiovascular disease every 37 seconds in the U.S.1

$219B

The annual cost of heart disease in the U.S. in 2015 was $219 billion.2

1 in 4

One in four Americans die from heart disease each year, approximately 647,000 people annually.2

PREMIER CRITICAL ILLNESS HIGHLIGHTS

Premier Critical Illness coverage from ManhattanLife is a critical protection and recovery plan that helps employees and their families manage the expenses associated with critical illness so they do not suffer unnecessary hardships.

 

CONDITIONS PREMIER CRITICAL ILLNESS COVERS

Heart attack
Major third-degree burns
Paralysis
Stroke
Major human organ transplant
End-stage renal failure
Coma
Coronary artery bypass surgery
Cancer

 

PREMIER CRITICAL ILLNESS PAYS

First occurrence benefit (FOB)
Monthly income benefit
Recurrence benefit

 

ALSO INCLUDED IN PREMIER CRITCAL ILLNESS

Hospital confinement benefit
Ambulance benefit
Transportation benefit
Lodging benefit
Waiver of premium benefit (does not apply in NJ)
Portable

 

 

 

Benefit exclusions and limitations may apply to the policy. For costs or complete details of coverage, contact your agent or the Company.

Sources for statistics: 1Centers for Disease Control and Prevention – National Center for Health Statistics; 2Harvard Health Publishing; 3American Heart Association