1. 260 POINTS
    Ben Simpson
    President, Simpson Financial Solutions, Omaha, NE
    There are a lot of great companies out there when it comes to Critical Illness. Here are a few things you need to pay attention to. The first is the companies rating. This will help you determine the companies financial strength and the ability to pay claims. The second is know the features of the plan. Not all Critical Illness plans have the same benefits. Some offer a return of premium less any benefits paid, some have hospital indemnity and accident riders, and some have a larger scope of coverage for types of illnesses. A few of my favorite companies are Mutual of Omaha, Assurant Health, American General, and MetLife. Each company offers unique features and price points, but these are just a few that are out there. The last factor that needs to be taken into consideration is underwriting. If you have had Critical Illness before most companies will not accept you. However there are a few that will.
    Answered on June 25, 2013
  2. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    It's difficult to assign a ranking to critical illness. There are several good companies representing the critical illness market. That being said, Assurity Life insurance company is a major player in this arena and our group plan offers employees the opportunity to secure critical illness insurance at a discount through them.
    Answered on July 28, 2013
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