Unum Adds Supplemental Policy for Critical Illness.Unum Life Insurance Co. of America has introduced a critical illness insurance Critical illness insurance or critical illness cover is a contract, invented by Dr Marius Barnard[1], where an insurer makes a lump sum cash payment if the policyholder is diagnosed with one of the critical illnesses listed on the insurance policy and survives a product to its line of workplace benefit offerings. The new product, PS Critical Care Specified Critical Illness Insurance, pays a lump sum Lump sum A large one-time payment of money. upon diagnosis of heart attack, stroke, major organ transplant, end-stage kidney failure kidney failure or renal failure Partial or complete loss of kidney function. Acute failure causes reduced urine output and blood chemical imbalance, including uremia. Most patients recover within six weeks. , permanent paralysis due to an accident and coronary artery bypass surgery Coronary artery bypass surgery, also coronary artery bypass graft surgery, and colloquially heart bypass or bypass surgery is a surgical procedure performed to relieve angina and reduce the risk of death from coronary artery disease. . Riders offer coverage for cancer or a spouse's or child's illness. The target market is groups of 100 or more employees. |
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