J.M. Huber Corporation
J.M. Huber Corporation
Critical Illness Insurance pays a benefit if you are diagnosed with a covered illness or condition on or after your coverage effective date. The benefit amount depends on how much your employer offers or how much you enroll in. This is not health insurance and does not satisfy the requirement of minimum essential coverage under the Affordable Care Act. For a complete description of benefits, exclusions and limitations, refer to your certificate and any riders.
Your Critical Illness Insurance* includes the following benefits:
This is an annual benefit you can earn by completing an eligible health screening test, such as mental health screening, flu immunization, a mammogram and a routine eye or dental exam. If your spouse and/or children are covered by Critical Illness Insurance, they are eligible for this benefit as well. A maximum amount for all children may apply.
Voya Cares® is not insurance coverage. It is a service offered through the Voya family of companies.
What is Critical Illness Insurance?
Critical Illness* Insurance pays a lump sum benefit if you are diagnosed with a covered illness or condition on or after your coverage effective date. Critical Illness Insurance is a limited benefit policy. This is not health insurance and does not satisfy the requirement of minimum essential coverage under the Affordable Care Act.
How can Critical Illness Insurance help?
Below are a few examples of how your Critical Illness Insurance benefit could be used (coverage amounts may vary):
Why should I enroll through my employer?
Premium amounts are deducted from your paycheck, so you don’t have to worry about paying another bill.
Can I purchase coverage for my spouse and child?
Coverage is available for your eligible spouse and your eligible children up to age 26* as defined in the certificate of insurance and riders, if employee coverage is elected.
*Standard ages may vary.
How much does it cost?
The cost of Critical Illness Insurance varies based on your age and the amount of coverage. Please refer to your enrollment materials or contact your employer.
Is this guaranteed issue coverage?
Critical Illness Insurance coverage is available on a guaranteed issue basis. Pre-existing condition limitations may apply.
If an employee’s spouse and/or child also works at the company and is covered as an employee, are they also eligible for coverage under the Spouse and/or Child Rider?
No. If your spouse is covered under the policy as an employee, then your spouse is not eligible for coverage under the Spouse rider. Likewise, if your child is covered under the policy as an employee, then your child is not eligible for child coverage under the Child Rider.
*Critical Illness may be referred to as Specified Disease in some states.
Lisa, a mother of two young children, is diagnosed with cancer. At first, Lisa worries about how she will meet her financial obligations during her treatment, but then she remembers she’s enrolled in Critical Illness Insurance through her employer. Lisa receives a benefit for her covered cancer diagnosis to use however she wants – to help pay costs like out-of-pocket medical expenses, groceries, and childcare.
| Critical Illness Insurance benefits paid - Example Only1 | ||
| Maximum Critical Illness benefit paid | $10,000 |
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| Total benefit paid | $10,000 | |
1 This is shown as an example only. Actual results may vary and you may have different coverage and benefit amount. Pre-existing condition limitations may apply. Average Critical Illness Insurance claim paid from 1/1/2024 – 12/31/2024 was $12,354. For a complete description of your available benefits, exclusions and limitations, see your certificate of insurance and any riders.
