Critical Illness Insurance Options for Members
Critical Illness Insurance Options & Discounts
At Nutmeg State Financial Credit Union, we are dedicated to supporting our members in every aspect of their financial journey. That’s why we’re proud to partner with The Family Security Plan® to offer reliable insurance options like Critical Illness Insurance. Together, we’re committed to helping you prepare for all life’s moments with solutions that provide peace of mind and financial security.
Why Choose Critical Illness Insurance Through Us?
When you secure coverage through The Family Security Plan®, you’ll enjoy:
- Competitive Rates and Premiums: Affordable plans designed with your budget in mind.
- Quick and Easy Applications: Start your protection in just a few simple steps.
- Flexible Coverage Options: Tailored to meet your unique needs and lifestyle.
- Trusted Support: Guidance every step of the way from a team who cares about you.
Prepare for Unexpected Challenges
We believe in helping our members prepare for life’s uncertainties. That’s why we’re proud to offer Critical Illness Insurance through The Family Security Plan®. A serious condition, such as a heart attack, cancer or stroke, can turn your world upside down – physically, emotionally and financially. The last thing you should have to worry about during recovery is how to manage medical bills, household expenses or lost income.
How Critical Illness Insurance Works
Unlike traditional health insurance, Critical Illness Insurance provides a direct cash benefit as soon as you are diagnosed with a covered condition and your claim is approved. You’ll receive a lump sum cash payment that can be used how you see fit, whether that’s for treatment costs, childcare or transportation.
Why Critical Illness Insurance Is Essential
Beyond your health, a serious illness can impact financial stability and your family’s well-being. Consider the following costs, in addition to medical bills:
- Lost Income – If you’re unable to work, how will you cover expenses?
- Out-of-Pocket Medical Costs – Even with health insurance, deductibles and copays can add up.
- Non-Medical Expenses – Travel to treatment centers, childcare and home adjustments can create unexpected financial strain.
Critical Illness Insurance is an extra layer of protection, giving you the peace of mind that you’ll have financial support in your time of need. Benefits include:
- Lump-Sum Cash Benefit: Ranging from $10,000 to $100,000, based on your selected coverage amount.
- Full Portability: Keep your coverage even if you change jobs or retire.
- Guaranteed Renewable: Your policy will never be canceled as long as you continue making premium payments.
- No Benefit Reductions: Your coverage amount never decreases due to age.
- Convenient Payment Options: Premiums are automatically deducted, so you never have to worry about missing a payment.
- HSA-Compatible: This plan can be used alongside a Health Savings Account for added financial security.
- No Coordination of Benefits: Your payout is made directly to you, regardless of any other insurance you may have.
Protect Yourself & Your Family Today
Critical Illness Insurance ensures that you have the financial resources to move forward in the face of an unexpected medical diagnosis. Start your application today.