Voluntary benefits provide an additional layer of financial protection for you and your family. These benefits will help cover any extra out-of-pocket expenses if you suffer an unexpected, serious illness or qualifying accident.
Accident Insurance
Injuries occurring off the job can be protected with Guardian Life Insurance’s Accident Insurance. This plan is designed to pay cash directly to you. This additional cash support can be used to help pay any out-of-pocket expenses related to the injury. Payments are made tax free, to be used at your discretion.
Accident Insurance Wellness Benefit
$50 per insured person per year for completing routine wellness screenings.
The tables below highlight some of the key benefits covered under this plan and give an example of how this plan would pay out for a broken ankle.
Some Covered Benefits | Benefit Amount |
|---|---|
| Hospital Admission | Up to $1,550 |
| Daily Hospital Confinement (up to 365 days) | Up to $250 |
| Daily ICU Confinement (up to 15 days) | Up to $500 |
| Dislocations | Up to $5,000 |
| Ambulance (ground/air) | Up to $200 / $1,000 |
| Medical Appliance | $500 |
Accident Insurance Plan Basic / Advantage | Bi-Weekly Deduction |
|---|---|
| Employee Only | $7.19 / $16.23 |
| Employee + Spouse | $11.78 / $27.48 |
| Employee +Child(ren) | $11.03 / $28.14 |
| Employee +Family | $15.62 / $39.39 |
Example: Broken Ankle | Benefit Amount |
|---|---|
| Emergency Room with X-Ray | Up to $200 |
| Broken Ankle, Closed Reduction (no surgery) | $2,500 |
| Crutches | $300 |
| Physical Therapy (6 sessions) | $250 |
| Physician Follow-Up (per visit) | $150 |
| Total Dollars Payable to Team Member | $3,400* |
Critical Illness Insurance
There can be a lot of expenses incurred with a critical illness and a major medical plan may not cover them all. Critical Illness coverage with Guardian Life Insurance pays cash directly to you upon a diagnosis.
Injuries occurring off the job can be protected with Guardian Accident Insurance. This plan is designed to pay cash directly to you. This additional cash support can be used to help pay any out-of-pocket expenses related to the injury. Payments are made tax free, to be used at your discretion.
Critical Illness Wellness Benefit
$50 per insured person per year for completing routine wellness screenings.
Below is an example of how the Critical Illness plan works:
Donna’s life was turned upside down when she suffered a heart attack, which was followed by a stroke only a month later. Not only did she miss work, but so did her husband to help her during her recovery. Their income took a hit and bills piled up. Donna had enrolled in Guardian Life Insurance ’s Critical Illness plan with a $20,000 benefit amount per diagnosis. She received a total benefit payment of $40,000 in her family’s greatest time of need.
Employees may choose a lump sum benefit of $10,000 to $30,000 in $10,000 increments.
Example Amount Paid to Donna |
|
|---|---|
| Heart Attack | Up to $30,000 |
| Stroke | Up to $30,000 |
| Total Direct Benefit Payment to Donna | Up to $60,000 |
Hospital Indemnity
Being hospitalized for illness or injury can happen to anyone, at any time. While medical insurance may cover hospital bills, it may not cover all the costs associated with a hospital stay. That’s where hospital indemnity coverage can help.
Who is it for?
Hospital indemnity insurance is for people who need help covering the costs associated with a hospital stay if they suddenly become sick or injured.
What does it cover?
If you are admitted to the hospital for a covered sickness or injury, you’ll receive payments that can be used to cover all sorts of costs, including Deducted rules and co-pays, travel to and from the hospital for treatment, childcare services assistance while recovering.
Covered Benefit | Benefit Amount |
|---|---|
| Hospital Admission Benefit | $1,500 |
| ICU Admission Benefit | $1,000 |
| Daily Hospital Confinement (up to 30 days per confinement) | $1,000 |
| Daily ICU Confinement (up to 30 days per confinement) | $1,000 |
Hospital Indemnity Plan | Monthly Rates |
|---|---|
| Employee Only | $16.93 |
| + Spouse | $40.88 |
| +Child(ren) | $30.53 |
| Family | $54.80 |