Hospital Recovery benefits can only be used following a hospitalization, while Personal Accident coverage can be used following an accident injury that requires medial care.

Personal Accident and Hospital Recovery insurance are most helpful when used in conjunction with a major medical insurance plan to help with co-pays , deductibles and other expenses.

When a critical illness strikes, you should be focused on your health, not your finances. Critical Illness insurance offers valuable benefits when you need them most. It provides a lump-sum payment when you’re diagnosed with a serious disease to help ease the strain on your finances so you can focus on recovery.

For example, if you have a Critical Illness policy with a $50,000 Benefit Amount and you are diagnosed with Invasive Cancer, you would receive a $50,000 benefit payment.

You can use your benefits to extend medical coverage to offset deductibles, co-pays, co-insurance, or out-of-network expenses, or on anything you need.