Protection for the Unexpected: New Infectious Disease Rider Benefit on Critical Illness Insurance
American Fidelity has implemented a new rider to offer additional protection against infectious diseases like the coronavirus, whooping cough, HIV, and more.
What is a rider?
In short, riders amend a policy or certificate. They allow the insured to customize an existing policy to address specific needs, and often require additional premium. You can add the infectious disease rider during enrollment to your critical illness policy for financial protection in the event you’re diagnosed with Hepatitis B or C, MRSA, COVID-19 or any of the other covered diseases as long as you also meet the requirements specified in the rider.
How does it work?
If you’re diagnosed with a covered infectious disease and are hospitalized for seven consecutive days, benefit payments are made directly to you to use as you see fit. The money can cover whatever expenses you need it to: hospital bills, groceries, rent/mortgage, etc.
Benefits are payable up to 50% of your critical illness benefit amount based on an approved diagnosis. Eligible children will be covered at 25% of the insured’s infectious disease benefit amount.
Your covered spouse’s benefit, if elected, will be 50% of their critical illness benefit amount.
What’s Covered
The following diseases are covered within the rider:
|
Anthrax |
Cholera |
Encephalitis |
Human Immunodeficiency Virus (HIV) |
|
Methicillin-Resistant Staphylococcus Aureus (MRSA) |
Poliomyelitis |
Sepsis |
Tularemia |
|
Bacterial Cerebrospinal Meningitis |
COVID-19 |
Hansen’s Disease |
Legionnaire’s Disease |
|
Osteomyelitis |
Dengue Fever |
Hepatitis B or C |
Typhoid Fever |
|
Botulism |
Rabies |
Trichinosis |
Malaria |
|
Pertussis (Whooping Cough) |
Rocky Mountain Spotted Fever |
Histoplasmosis |
Tuberculosis |
|
Q Fever |
Diphtheria |
Tetanus |
|
Being diagnosed with an infectious disease may be unsettling, but you might rest a little easier knowing you have coverage in place with American Fidelity’s Infectious Disease Benefit Rider.
Not every state is currently eligible, and some eligible states may have restrictions. Contact your American Fidelity account representative to discuss your eligibility. Limitations, exclusions and waiting periods apply.
Available States as of May 7, 2021
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This blog is up to date as of April 2021 and has not been updated for changes in the law, administration or current events.