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Is critical illness insurance a good investment?

Your critical illness insurance company provides a lump sum payout up to your policy’s coverage limit. Critical illness insurance can be a good investment for people with a high deductible health plan and large out-of-pocket health insurance costs.

How much does critical illness insurance cost per paycheck?

Edit to add info: It is 21 cents per paycheck for every $1000 dollars of benefit. So I believe if I wanted $25,000 of critical illness insurance, it would come out to $5.25 per paycheck or $10.50 per month. Please correct me if my math/understanding is wrong on this. Reading this benefits packet is very confusing.

Which critical illness insurance is best for employers?

In addition to major conditions like cancer and stroke, Mutual of Omaha critical illness insurance covers blindness, paralysis, deafness, and more. We chose Colonial Life Insurance Company as the best for employers due to their critical illness policy offerings for employers who want to provide this coverage to their workers.

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