The Abacus critical illness plan provides financial protection for employees by paying a lump sum benefit for a critical illness diagnosed, or for a procedure undergone for the first time in their lifetime while covered under the plan, subject to exclusions and limitations described in the plan.
The Abacus Series critical illness plan will pay up to a 100% of the benefit amount payable per covered category with an overall total benefit payout up to 200% of benefit amount issued.
Circulatory Conditions and Procedures
Heart attack / stroke / heart transplant: 100%
Coronary bypass surgery / angioplasty (with or without stents) 25%
Invasive cancer 100%
Cancer in situ 25%
Other Conditions and Procedures
Coma / end-stage renal failure / major burns (does not apply to dependent child(ren)) / major organ transplant (excluding heart transplant and excluding an autologous bone marrow transplant) / paralysis (excluding paralysis resulting from stroke) 100%
Coverage described is subject to plan exlusions and limitations and state requirements. In the event that a discrepancy exists between the plan and this information, the plan provisions will prevail.