Are you an employer researching employee health benefits post pandemic?
You are not alone. Research responses from 166 national and multi-national businesses in the US showed the majority are after the challenges posed by the pandemic. As many industries also face skills shortages, is even more important and improved benefits can play an important role in this.
One of the ways your business can add to its health benefits is through group critical illness cover.
What is group critical illness insurance?
- Group critical illness insurance is a health insurance product developed to protect employees should they, or their dependants, be diagnosed with a serious illness. Most critical illness policies cover a list of the most common serious illnesses like cancers or heart conditions. The specifics will depend on the provider.
- Receiving a critical illness diagnosis is a traumatic experience for most people. This is reflected by many policies through the provision of auxiliary support services like access to counselling, assistance with managing treatment logistics or access to alternative medical opinions if needed. Some options also offer a lump sum payment that can be used to cover other expenses like a mortgage or alterations to your home.
Why do employees need group critical illness cover?
Who is group critical illness insurance cover for?
What is different about Avenue group critical illness insurance?
stands out because of its international element. Your business can decide whether treatment occurs overseas or in your employee’s country of residence. It also provides employers with the flexibility to choose between case management services or a lump sum payment to an employee should they become ill.
No matter which option you choose, your employees can be sure of world class treatment.
What illnesses are covered under Avenue group critical illness insurance?
- Cancers including lymphomas and leukaemia
- Treatment for coronary disease
- Living organ donation
There are some illnesses that are covered in children only like:
- Artificial limbs as a result of an accident
- Kawasaki Syndrome