If eligible, you can purchase coverage amounts at $10,000 or $20,000 amounts. Critical illness insurance can provide a lump-sum benefit upon diagnosis that can be used however you choose – from expenses related to treatment, deductibles or day-to-day costs of living.
Critical Illness Benefit Highlights
If eligible, you can purchase coverage in increments of $100, not to exceed 60% of your weekly earnings. If you are unable to work for a period of time due to a non-work-related condition, illness or injury, short term disability insurance offers financial protection by paying you a portion of your earnings.
Medical Flexible Spending Accounts (FSA) allows you to set aside pre-tax dollars to pay for medical costs and dependent care costs.
Find out what products and services are FSA elgibile here: https://www.flores-associates.com/EligibilityList.html
Watch these videos to learn more about:
Medical – https://vimeo.com/155689884
- Co-pays & Co-insurance
- Prescription expenses
- Prescribed over-the-counter items
Dependent Care – https://vimeo.com/156761179
If eligible, you can purchase this coverage for you and your family members. Hospital indemnity insurance pays a cash benefit if you or an insured dependent (spouse or child) are confined in a hospital for a covered illness or injury. The benefit is paid in lump sum amounts to you and can help offset expenses that primary health insurance doesn’t cover (deductibles, co-insurance amounts or co-pays), or benefits can be used for any non-medical expenses (housing costs, groceries, car, etc.).
If eligible, you may purchase coverage from $10,000 up to $750,000 in increments of $10,000 as approved by Voya.
- Employee: Coverage not to exceed the lesser of 7X annual earnings or $750,000.
- Spouse: Eligible for amounts from $10,000 to $250,000 (not to exceed 100 percent of employee election).
- Dependents: Eligible for amounts from $1,000 to $25,000 (not to exceed 100 percent of employee election).