Critical Illness Rider
About This Insurance Plan
You would be able to sign up for the Critical Illness Rider once you have enrolled in a Family Indemnity Plan and have not reached the age of 60. You would also have to have the family indemnity plan.
What You Need To Know
No medical examination is required
Only the insured is covered and the premium that you would have to pay depends on your age group and the payout you would want.
One time payout of either $500,000 or $1,000,000
Covers critical conditions of cancer, heart attack stroke, paralysis and major burns
You are not required to do a medical when you sign up
You are entitled to receive only one lump sum payment for the life of the Rider.
Your family will receive a refund of your Critical Illness Rider premium payments should you pass away without making a critical illness claim before the age of 75
As you get older the premium increases.
Can only benefit once
Must Sign up prior to age 60
Automatically terminates at age 75 years
Who is This Insurance Product Primarily For?
Primarily for the certificate holder of the FIP
Cornwall County residents with a serious illness (cancer, heart attack, stroke, paralysis and major burns)
Family members of those with a serious illness
Cornwall County residents who wish to be insured if an adverse situation arises
Cornwall County elderly, below the age of 60, who wish to be covered
Cornwall County residents who have elderly parents
Cornwall County parents who have children who are prone to serious illnesses
Cornwall County residents who have sick parents
What Are The Requirements To Apply For This Insurance Product?
Must be below the age of 60
Must have the family indemnity plan
a claim there must be a waiting period of 6 months after initially opening up the Critical Rider Insurance Plan.
Proof of illness
Premium that you would have to pay depends on age group and the payout you would want for the critical illness insurance plan.
Our Team Stands Ready
If you're interested in any of our insurance products, offered in part with the CUNA Insurance company, we'll pair you with our expert customer service representatives, who will work with you to understand how to bring you to the solution they need.
STILL NOT SURE?
Deciding whether Gateway is the right partner to have your insurance with? We know that this is a long-term decision, and we want to ensure that you are fully informed going into this commitment with us.
Learn more about this opportunity by chatting with our agent, or by visiting our Frequently Asked Questions.