Disability Insurance (Paycheck Protection)
At CVBS we believe Paycheck Protection is the most important protection. It is designed to preserve an individual’s standard of living in the event they become unable to work due to a sickness of off-the-job accident. These programs can be completely customizable to each employee.
Many Americans rely on the group life insurance offered to them by their employer. In many cases, group life insurance may not be enough coverage and may not be portable. If one of your employee’s lost their job, their family may be vulnerable without life insurance. Portable Term and permanent Whole Life Insurance will be there for an employee during their working and retirement years. Plus, individuals have the option to purchase a policy for their working spouse or child. In many cases an accelerated death benefit for Long Term Care can be added to the coverage.
Even with the best health insurance, an individual can be financially strained by the expenses incurred because of an accident, regardless of the severity. This type of program provides a cushion to help cover the out-of-pocket expenses associated with an accident by paying cash benefits directly to the individual for expenses incurred by an individual or family member.
Critical Illness Insurance
Critical Illness coverage helps provide financial support in the form of a large, lump sum benefit if an individual or family member is diagnosed with a covered critical illness. Even with the best health insurance, treatment for a major illness can become a financial burden.
Cancer Insurance provides peace of mind when a diagnosis of cancer occurs. It is designed to help employees manage the high expenses associated with the treatment of cancer, preserve their savings, and protect their families from financial hardship so they can concentrate on getting well.
Even a small trip to the hospital can present an individual with unexpected expenses and medical bills. Hospital Indemnity Protection provides financial assistance by paying cash benefits directly to the Insured to help offset the out-of-pocket expenses associated with a hospital stay.