MedGuard - Critical Illness Coverage Plans

The MedGuard Plan provides lump sum benefit payments to the insured to help offset any out of pocket healthcare expenses or other household expenses if a covered critical health incident occurs in the future. Additionally, even if a covered critical health incident does not occur, 100% of the Plan’s benefit amount is paid to the named beneficiary upon the insured’s death.

This unique and valuable MedGuard coverage is achieved by combining the Plan’s 5-year renewable term life benefit payable to the named beneficiary with a stated percentage of the Plan’s life benefit paid in lump sum to the insured for covered critical illnesses, injuries and surgeries. The life benefit is reduced by the amount of lump sum benefits paid.

Quality coverage for periods of critical illness

Although nobody likes to think about it, the possibility of being diagnosed with a critical illness is real. Every day thousands of Americans suffer a life threatening illness such as cancer, heart attack, or stroke

You or a family member may one day be diagnosed with a critical illness; however, You have a greater chance of surviving that illness now more than ever. Advances in healthcare have increased survival rates tremendously; but recovery times may be extensive. The bills — both medical and non-medical — can be considerable. Are You and Your family prepared to shoulder that kind of expense?

MedGuard critical illness insurance can help fill the gap between health insurance and life insurance. Health insurance provides benefits for medical treatment but doesn’t include benefits for nonmedical expenses. Life insurance pays benefits, but after death. What if You survive a critical illness? Where will You find the financial resources to cover non-medical costs during recovery?

Should You Buy MedGuard?

If You have financial obligations, such as a mortgage, or if you have savings you don’t want to spend on recovery, MedGuard critical illness insurance may be for You. If You are a parent responsible for providing for Your children, You should consider MedGuard. If You become ill and require a long recovery time with a loss of income, MedGuard can provide you with a monetary alternative. The benefit amount You receive can help You focus on fully recovering and not on worrying where You will find the money to pay your bills.

Protect Your assets from being spent on recovery
Replace lost income for you & your care‑providing spouse
Pay your mortgage or other obligations
Offset out-of-pocket or medical expenses not covered by health insurance
Pay for experimental treatment
Pay COBRA or other insurance premiums
Pay home health care expenses
Pay tuition expenses if you need to return to school
Pay travel and temporary housing expenses for you and your family while receiving care away from home
Finance or protect your children’s college tuition
Maintain your business during recovery

WHY CHOOSE US

Your Partner in Building
Healthier You.

Offering Personalized Plans

We offer 16 different insurance services and personalized plans for you and your loved ones so that you don’t struggle during the unpredicted incidents of life.

Working with
Honesty and Integrity

Your health is our priority. That's why we make sure to maintain transparency and guide you till you are satisfied with our services before purchasing any plan.

Why Choose Medguard?

The Death Benefit for the Primary Insured and the Spouse of the Primary Insured will be reduced by 50% on the respective 65th birthday of the Primary Insured and the Spouse of the Primary Insured. Benefits are reduced by the amount of the Critical Illness Benefit previously paid.
MedGuard is not available in all states. Benefit amounts and availability may vary by state. Please contact a licensed agent for more information. Limitations, Waiting Periods and Exclusions may apply.
The MedGuard Plan is a 5-year, renewable term life insurance plan with the plan’s stated death benefit paid to the insured’s designated beneficiary. The MedGuard plan also contains an accelerated critical illness benefit, which provides the accelerated lump sum payment to the insured, while living, the stated percentage of the death benefit, if the insured is diagnosed with a covered critical illness or covered critical injury or undergoes a covered critical surgical procedure.
Life insurance plans are not considered “health insurance” under the ACA. The ACA generally required individuals to maintain “minimum essential coverage” or be subject to the payment of the annual shared responsibility payment with the payment of their taxes to the federal government. Congress eliminated the shared responsibility payment in 2019 and beyond for individuals who do not maintain ACA “minimum essential coverage” during 2019 or any year thereafter.