We got you covered

Comprehensive Critical Illness Insurance by Freedom Brokers

Protecting Employees in Illinois from Financial Hardships

Get Started

15 years in customer service

100% customer satisfaction

Knowledgeable advisors to help you

85+ coverage options to choose from

Freedom Brokers/ critical illness insurance

Critical Illness Insurance Provided By Our Agency

Many employees are enrolled in high-deductible health plans today, leaving them vulnerable to substantial out-of-pocket expenses. Our Critical Illness Protection Plan provides a crucial safety net for you and your employees, alleviating the financial and emotional stress associated with severe illnesses.

Click And Learn

Retention & Recruitment

Commitment towards employees

Employee assistance

Modifications to office

Retention & recruitment coverage

Risk Factors

Most people want to work at organizations where they feel valued when they knock a project out of the park or meet a tight deadline. But they also want to know their company cares about them on a personal level. If they don’t feel valued, they might start losing interest.

Solution

Since many organizations don’t offer vision benefits as part of their healthcare package, providing them at your company can give you a leg up in recruiting and retention efforts. Prospective and current team members will see you’re willing to go the extra mile for them, giving you a better sales pitch for promising new talent and potentially making valuable employees more likely to stick around for the long haul.

Commitment towards employees coverage

Risk Factors

With a vast array of voluntary benefits on the market and a number of companies willing and eager to sell them, people are understandably worried about making the right choice.

Solution

Employees know that their employer has vetted the carrier and considered the available benefits with their plans being offered at the workplace. Voluntary insurance also pays financial benefits regardless of any other insurance coverage employees have in place, including policies available through government health care exchanges.

Employee assistance coverage

Risk Factors

Every person has a bad or an emotional phase because of various reasons. There might be instances where someone from their family needs medical help or care.

Solution

You should assist employees and their families in dealing with critical illness's physical, emotional, and financial impact, showing other employees how much you care during their time of need.

Modifications to office coverage

Risk Factors

You may need to make a wheelchair ramp at your office because of someone's medical condition or disability.

Solution

Critical illness covers nursing care costs, adapting the home to accommodate a new disability or other essential needs.

Personal Possessions Coverage

Risk Factors

You mastered the basics of surfing during lessons in Hawaii but your wedding ring is stolen.

Solution

With personal possessions coverage, lost jewellery is covered up to your policy limits.

What is Critical Illness Insurance?

Critical Illness Insurance offers a lump-sum financial benefit to employees diagnosed with specific severe illnesses. These illnesses are often debilitating and can prevent individuals from working, creating significant financial strain on them and their families. This insurance is designed to help cover essential costs such as mortgage payments, experimental treatments, and unexpected medical expenses.

Critical Illness Insurance complements health insurance rather than replacing it. While health insurance covers medical bills, critical illness insurance directly supports employees during their most challenging times.

Coverage of Critical Illness Insurance

Group critical illness insurance typically covers a wide array of severe illnesses, including but not limited to:

Invasive cancer
Non-invasive cancer
Heart attack
Coronary artery bypass surgery
Angioplasty
Stroke
Kidney (renal) failure
Major organ transplant
Paralysis
Coma
And more

Benefits of Critical Illness Insurance

Many employees prefer to obtain critical illness insurance through their employers, who often offer it as a voluntary benefit. Employers recognize the concerns over high out-of-pocket expenses associated with high-deductible plans, making critical illness insurance a valuable addition. Employees generally bear the cost of these plans, making it cost-effective for both employers and employees.

This insurance can be utilized for various purposes, including:

Access to critical medical services not covered by traditional insurance
Funding treatments excluded from standard policies
Covering daily living expenses, allowing focus on recovery instead of financial stress
Paying for transportation to treatment centers, vehicle modifications, and home adjustments
Funding a restful vacation for recovery

Critical illness insurance can significantly reduce financial worries when an individual is too ill to work.

Cost Factors of Critical Illness Insurance

When determining the cost of Critical Illness Insurance, insurers consider the following factors:

Dates of birth: Insurance costs increase with age due to higher susceptibility to illness.
Gender of employees: Different illnesses affect men and women differently, influencing pricing.
Occupations: Riskier jobs, such as manual labor, attract higher premiums.
Salaries: Payouts are often calculated as a multiple of employees’ salaries, requiring salary information.
Work status: Those on long-term sick leave at the time of the quote may face higher premiums or exclusion from coverage.

A group critical illness insurance policy is a valuable benefit for your employees in Illinois. Freedom Brokers can assist you in exploring various options and selecting the most suitable plan for your team.

For more information on how Freedom Brokers can help protect your employees in Illinois, contact us today.

Already have Critical Illness Insurance? Switching is easy

It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options

If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.

Contact us today to help you with multiple options to choose from.

Request a Quote

Get Personalized Insurance

Comprehensive Critical Illness Insurance by Freedom Brokers

Critical Illness Insurance Provided By Our Agency

Click And Learn

Retention & recruitment coverage

Risk Factors

Solution

Commitment towards employees coverage

Risk Factors

Solution

Employee assistance coverage

Risk Factors

Solution

Modifications to office coverage

Risk Factors

Solution

Personal Possessions Coverage

Risk Factors

Solution

What is Critical Illness Insurance?

Coverage of Critical Illness Insurance

Benefits of Critical Illness Insurance

Cost Factors of Critical Illness Insurance

Already have Critical Illness Insurance? Switching is easy

Get Personalized Insurance

Personal Insurance

Business Insurance

Employee Benefits

Get Quality and Affordable Insurance