Medguard
Recover with no financial stress.
Who needs some Medguard?
A lump sum check provided in the event you have a critical illness, it is a living benefit amount that can act like life insurance to name a beneficiary.
Being medically underwritten grants you even more.
Critical Illness Condition/Surgery
​
Kidney Failure
​
Life Threatening Cancer
​
Major Organ Transplant
​
Permanent Paralysis
​
Heart Attack
​
Stroke
​
Terminal Illness​
Benefit Amount​​
100%
100%
100%
100%
100%
100%
100%
Aorta Graft Surgery
​Coronary Artery Bypass Surgery​
Heart Valve Surgery​
COVID-19 Infection Complication Resulting in Inpatient Hospital Confinement
​Coronary Angioplasty
​1st through 90th day Death Benefit for any Life Threatening Cancer​
1st through 30th day Death Benefit other than Life Threatening Cancer
25%
25%
25%
25%
10%
$500
$500
The amount of You and Your Spouse’s Death Benefit will be based on Your selected monthly premium. The Death Benefit for Your dependent children is limited to $15,000 and will not exceed 50% of the Primary Insured’s Death Benefit amount or the amount of Your Spouse’s Death Benefit.
The MedGuard III Plan provides lump sum benefit payments to the insured to help offset any out of pocket healthcare expenses or other household expenses if a covered critical health incident occurs in the future.
Additionally, even if a covered critical health incident does not occur, 100% of the Plan’s benefit amount is paid to the named beneficiary upon the insured’s death. This unique and valuable MedGuard III coverage is achieved by combining the Plan’s 5-year renewable term life benefit payable to the named beneficiary with a stated percentage of the Plan’s life benefit paid in lump sum to the insured for covered critical illnesses, injuries and surgeries. The life benefit is reduced by the amount of lump sum benefits paid.
