Critical Illness
Group Critical Illness benefit provides employees with 50% of their Group Life coverage (as a cash lump-sum) in the event they are diagnosed for first time, with any one of 17 covered illnesses.
Covered Illnesses:
- Cancer
- Coronary Artery Disease (requiring surgery)
- Kidney Failure
- Blindness
- Heart Valve Surgery
- Motor Neuron Disease
- Loss of Hearing
- Loss of Limbs
- Coma
- Infarctus of the Myocardium
- Stroke
- Organ Transplant
- Paralysis
- Multiple Sclerosis
- Major Burns
- Benign Brain tumor
- Loss of Speech
Algico group insurance policies contain certain exclusions, reductions, limitations and terms for keeping them in force. Contact your Algico representative for more information.