CAIC

Continental American Insurance Company

Products

Critical Illness Insurance

Lump Sum Paid Directly to the Insured

  • Employee coverage available up to $50,000
  • Spouse coverage available up to $25,000

25% Child Benefit at No Additional Cost

  • Each dependent child is covered at 25 percent of the primary insured amount

Additional Occurrence and Re-occurrence Benefits

  • Full benefits paid for each occurrence of the same covered illness

$50 Annual Health Screening Benefit

  • Employee and spouse

Guarantee Issue

  • Available for employee and spouse

Simplified Underwriting

  • Answer three knock-out health questions

Same day coverage

  • Coverage effective on application date

Portable Coverage

  • Employees can keep coverage at same rates and benefits after leaving employment, as long as the master policy is in effect (with certain stipulations)
Critical Illness

Covered Critical Illnesses

  • Internal Cancer
  • Heart Attack
  • Stroke
  • Major Organ Transplant
  • Renal Failure (End Stage)
  • Carcinoma in situ
  • Coronary Artery Bypass Surgery

Optional Heart Rider

  • Coronary Artery Bypass Surgery
  • Mitral Valve Replacement or repair
  • Aortic Valve Replacement or repair
  • Abdominal Aortic Aneurysm Surgery
  • Angio Jet Clot Busting
  • Balloon Angioplasty
  • Laser Angioplasty
  • Atherectomy
  • Stent Implantation
  • Cardiac Catheterization
  • Pacemakers
  • Cardioverter Defibrillator