Worksite Benefits/Optional Insurance Coverage
Catholic Diocese of Columbus is excited offer you some new exciting choices from Chubb in your benefits program. These plans are completely voluntary and are designed to help cover the out-of-pocket expenses not covered by your health insurance as well as paycheck protection if you can’t work because of an injury or illness. When you meet with a benefit enroller through BAI, they will provide details on each benefit, including the monthly premium.
Accident Coverage
An accident or illness can take a toll on your income. If you are injured in an accident, Chubb’s Accident Insurance offers benefits that cover catastrophic dismemberment and loss, and non-emergency initial care.
Common covered conditions include:
- Broken Tooth
- Burns
- Coma
- Concussion
- Eye Injury
- Fractures
- Torn Ligaments
Catholic Diocese of Columbus - Accident Insurance Brochure
Critical Illness
A serious illness can take a toll on your health and financial wellness. Chubb’s Critical Illness Insurance can provide protection to help lessen the burden of large out-of-pocket claims.
Critical Illness insurance can provide:
- A lump-sum payment directly to you
- Benefits paid, regardless what is covered by medical insurance
Examples of covered conditions include:
- Heart Attack
- Stroke
- Coronary Artery Bypass
- Kidney Failure
- Organ Transplant
Catholic Diocese of Columbus - Critical Illness Brochure w rates
Hospital Indemnity
Hospital stays resulting from an accident or illness can be unexpected and costly. Despite having medical coverage, many people are not adequately prepared for the out-of-pocket expenses associated with a hospital stay.
Hospital indemnity insurance through Chubb complements your existing medical coverage and helps narrow financial gaps caused by out-of-pocket expenses such as deductibles, copays, coinsurance, and non-covered services.
- Benefits are paid regardless of what is covered by your medical insurance
- Lump sum payments are made directly to you, to spend as you choose
Hospital indemnity covers a variety of benefits including:
- Hospital Admissions
- Hospital Confinement
- Inpatient Rehab
- ICU Confinement
Catholic Diocese of Columbus - Hospital Insurance Brochure
Term Life with Long Term Care
LifeTime Benefit Term helps protect you and your family if you were no longer able to provide for them. Your family can receive cash benefits paid directly to them upon your death that they can use to help cover expenses like mortgage payments, credit card debt, childcare, college tuition and other household expenses. Cash benefits can also be paid directly to you while you are living for long term care expenses.
As Life Insurance, it protects your family with money that can be used any way they choose.
For Long Term Care (LTC) If you become chronically ill, the policy will pay you 4% of your death benefit each month you receive Long Term Care. Your death benefit will reduce proportionately each month as you receive benefit payments for Long Term Care. After 25 months of receiving Long Term Care Benefits, your death benefit will reduce to zero.
With Extension of Benefits, if you continue to need LTC after you have exhausted your Death Benefits, you can receive up to 25 more months of benefits, for a total of 50 months of LTC benefits.