Ancillary Benefits

While your primary health insurance plan is crucial for covering major medical expenses, it often doesn't account for all the financial challenges that can arise from unexpected health events. This is where ancillary benefits come in. These supplemental insurance plans work in conjunction with your main health policy to provide an extra layer of financial protection, giving you peace of mind and reducing out-of-pocket burdens when you need it most.

At our agency, we believe in a holistic approach to health security. That's why we offer a range of ancillary benefits designed to complement your existing coverage, including Critical Illness, Hospital Indemnity, and Accident Insurance. Let's explore how these vital additions can strengthen your financial well-being.

Critical Illness Insurance: A Lump Sum When It Matters Most

A diagnosis of a serious illness can be life-altering, not just for your health, but for your finances. Even with excellent medical insurance, significant indirect costs can accumulate rapidly, such as lost income, specialized treatments not fully covered, experimental therapies, travel for care, or even daily living expenses while you recover.

What it is: Critical Illness Insurance pays a one-time, lump-sum cash benefit directly to you upon diagnosis of a covered critical illness. Common covered conditions typically include:

• Heart Attack
• Stroke
• Cancer
• Kidney Failure
• Major Organ Transplant
• Coronary Artery Bypass Surgery
• Multiple Sclerosis
• Alzheimer's Disease

How it helps: Unlike traditional health insurance, this benefit is yours to use as you see fit. You can use the payout to:

• Cover high deductibles and co-insurance.
• Pay for experimental treatments or out-of-network specialists.
• Replace lost income during recovery.
• Fund necessary home modifications for accessibility.
• Pay for childcare or other daily living expenses, allowing you to focus on healing.

Who benefits: Individuals with a family history of serious diseases, those concerned about income loss during recovery, and anyone seeking a financial buffer against the profound costs of a critical illness can find immense value in this coverage.

Hospital Indemnity Insurance: Cash for Every Day in the Hospital

Even with a strong major medical plan, a hospital stay can lead to unexpected and often substantial out-of-pocket costs. Deductibles, co-pays, and co-insurance can quickly add up, leaving you with a hefty bill after discharge. Beyond medical costs, there are often unseen expenses like transportation, parking, meals away from home for family, or even lost wages.

What it is: Hospital Indemnity Insurance pays a fixed cash benefit for each day you spend in a hospital or other covered facility, such as a skilled nursing facility.

How it helps: The benefit is paid directly to you, regardless of any other insurance you have. You can use this cash for:

• Meeting your health insurance deductible or co-payments.
• Covering transportation and accommodation costs for family visiting you.
• Paying for childcare or pet care.
• Replacing income lost from missed work.
• Any other daily living expenses that accrue while you're hospitalized.

Who benefits: This coverage is especially beneficial for those with high-deductible health plans (HDHPs), families with children who might face childcare costs, individuals on fixed incomes, or anyone wanting to cushion the financial impact of an unexpected hospital admission.

Protect your health and get ancillary benefits today.