Guardian Life Insurance Company of America has revamped its group critical insurance offering, doubling the number of illnesses and conditions covered.
According to the insurer, it has introduced coverages in high demand among employees, including optional family planning benefits that support employees during infertility treatments and through pregnancy and potential delivery complications. It has also doubled the number of covered diseases and conditions. In addition, it is offering cover for preventative measures taken due to having a BRCA1 or BRCA2 genetic mutation, which can increase the risk of certain cancers including breast cancer.
The cover also provides additional coverage for childhood illnesses and disorders such as autism, congenital heart defect, and multisystem inflammatory syndrome caused by Covid-19.
Streamlined management
Guardian has streamlined the management of critical illness insurance benefits. Key changes include simpler language for benefits explanation, benefits for less severe illnesses and earlier pay outs at earlier stages of some neurological conditions such as Alzheimer’s, multiple sclerosis, and Parkinson’s disease.
The insurer added it automatically checks for eligibility across all supplemental health coverages when a short term disability, paid family medical leave, or a state-mandated disability claim comes in. This helps to ensure employees receive all the benefits to which they are entitled, allowing them to focus on recovery, not finances.
Expanded offering
Jonathan Mayhew, head of group benefits at Guardian, said: “We know the impact that major illnesses and medical conditions can have on the wellbeing of employees and their families, and this expanded offering helps ensure employees feel financially confident in good times and bad so they can focus on recovery and lifelong wellbeing.
“As new and expanded benefits continue to be in demand, this offering will help organisations protect the wellbeing of their employees and their families and help ensure they can easily access benefits in times of need.”