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Article: Guardian Launches Critical Illness Coverage That Provides Cash Benefits for an Unprecedented Range of Ailments.
- Article from:
- Heart Disease Weekly
- Article date:
- September 7, 2008
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The Guardian Life Insurance Company of America (Guardian), a leading provider of employee benefits for small to midsize companies, announced the launch of what the company is billing as the next generation of critical illness coverage. Unlike traditional critical illness insurance, Guardian's employee benefit coverage includes a hospital admission rider that provides a per-diem lump-sum cash benefit for hospital stays for conditions not covered under the company's base critical illness insurance plan (see also The Guardian Life Insurance Company of America).
This new feature was designed to answer concerns that previous generations of critical illness policies ...