In spite of health insurance and other investments, many of the families of the employees are seen to go through lot of financial struggle and stress. That is why many employers feel the need of critical illness protection for their employees. Guardian has been offering such group policies to enhance the stability and security of the financial future of the employees in case of any critical illness.

The critical illness coverage offered by Guardian is a combination of various benefits and is of three types:

(A) Coverage that involves a lump sum for six major illnesses or medical conditions:

1. Cancer
2. Heart Attack
3. Stroke
4. Major Organ Transplant
5. Kidney Failure
6. Coronary Artery Bypass Graft

There is also a recurrence feature in case of the policy holder experiencing the

above mentioned illness for the second time.

(B) Coverage that includes a hospital admission rider that offers per day benefit for hospital stays for any medical condition including injury.

(C) Coverage for complete routine screenings and procedures for finding out the presence of critical illness in the initial stages.

For those who have been complaining about critical illness insurance being an expensive policy, Guardian’s group critical illness insurance is offered at a much affordable rate. Guardian also provides coverage for the other medical conditions other than the six common ailments. The best thing is that the coverage is given irrespective of the person’s medical history which makes it all the more convenient to get critical illness insurance.

The customer support team of Guardian has a dedicated team for educating employees about critical illness insurance cover. The employees also find it easy to approach the support team with their queries.

If you are an employer and are looking for a group critical illness insurance, then you should think of the Guardian Life Insurance Company of America as one of the top options because not only it offers affordable policies but also provides new and flexible benefits and education on critical illness insurance.

What exactly is critical illness insurance? This particular investment pays off when an individual is diagnosed with a serious disease or illness. A lump sum is offered to the policy holder after the diagnosis and this amount can be used for any purpose as per the patient’s desire or need.

If you have a critical illness life insurance, then you can opt for the right treatment without thinking of its cost and also your family will feel financially stable and secure.

Many people feel that they do not need critical illness insurance as they have a life insurance or disability insurance already. That is why it becomes so important that all of us need to understand the difference between all the three types of insurance. Life insurance offers money before or after the policy holder’s death as per terms and conditions of the policy. Disability insurance offers the amount when the policy holder becomes disabled and is not able to work. Critical illness insurance is the money that is paid when the policy holder is diagnosed of a critical illness such as heart attack, cancer, stroke and so on.

The concept of critical illness insurance has been very popular in South Africa, UK, Ireland, Australia and New Zealand. It is catching up slowly in United States. The experts believe that in future, it will become a necessary investment like life insurance.

Some term life insurance companies are offering critical illness insurance along with life insurance or term assurance to the buyer of a house. In case, the policy holder is diagnosed of critical illness and in case of the policy holder’s death, the family can easily pay off the rest of the mortgage amount.

Many employers have been offering critical illness insurance as a work place benefit too. It is definitely an added benefit to the employees as it makes them feel special and it secures their finance too.

It is during the time of crisis that the benefit of the critical illness insurance is seen as a very wise and a vital investment for the future. It is a way to breathe in some relief into the life of the patient who is already struggling with the aspect of the deadly disease. And that is why, it is becoming popular now a days.