5759z NS 05/22
1 56% of Americans Can’t Cover a $1,000 Emergency Expense With Savings, Carmen Reiunicke, January 19, 2022
2 COVID-19 Drives Interest in Life Insurance, LIMRA 2021 Insurance Barometer Study, Stephen Wood; Maggie Leyes; James T. Scanlon, M.S., HIA, November 1, 2021
3 Average Family Premiums For Employer-Based Health Insurance Have Jumped 47% in the last Decade, Outpacing Wage growth and Inflation, Sarah O’Brein, November 11, 2021.
4 Critical Illness is referred to as “Specified Disease” in New York.
Accident Form Series includes GBD-1000, GBD-1300, GBD-2000, GBD, 2300. Accident Form Series includes 7582, PA-5427, or state equivalent. Critical Illness Form Series includes GBD-2600, GBD-2700, GBD-3600, GBD-3700, or state equivalent. Disability Form Series includes GBD-1000, GBD-1200. Hospital Indemnity Form Series includes GBD-2800, GBD-2900, or state equivalent. Life Form Series includes GBD-1000, GBD-1100, or state equivalent.
THESE POLICIES PROVIDE LIMITED BENEFITS. These limited benefit plans (1) do not constitute major medical coverage, and (2) do not satisfy the individual mandate of the Affordable Care Act (ACA) because the coverage does not meet the requirements of minimum essential coverage. In New York: The Hospital Indemnity and Critical Illness policies provide limited benefits health insurance only. The Disability policy provides disability income insurance only. The Accident policy provides ACCIDENT insurance only. IMPORTANT NOTICE—THE ACCIDENT POLICY DOES NOT PROVIDE COVERAGE FOR SICKNESS. These policies do NOT provide basic hospital, basic medical or major medical insurance as defined by the New York State Department of Financial Services.