Supplemental Insurance

Heart Attack & Stroke Insurance

(Often called Critical Illness Insurance)

This type of policy pays a lump-sum cash benefit if you experience a covered heart attack or stroke and meet the policy definition.

It doesn’t replace health insurance. It pays you directly, so you can use the money however you need.

How the Benefit Can Be Used

• Deductibles and coinsurance
• Out-of-network or specialist costs
• Rehab and prescriptions
• Travel or lodging for treatment
• Replacing lost income
• Everyday household bills

Think of it as a financial shock absorber — small premium, meaningful protection during recovery.

This coverage is often a good fit for:

• People with high-deductible health plans
• Individuals still working
• Anyone wanting added protection without a large monthly cost
• Those with a family history of heart disease or stroke

Cancer Insurance

Cancer insurance is optional supplemental coverage designed to help with the financial impact of a cancer diagnosis and treatment.

Most plans pay benefits directly to you after a covered diagnosis or treatment event.

Depending on the policy, benefits may include:

• Lump-sum diagnosis payments
• Treatment-related benefits
• Hospital stay payments
• Travel and lodging assistance
• Recurrence benefits (if cancer returns)

Cancer can create costs beyond medical bills — including lost income, childcare, meals, and household help. This coverage helps reduce the financial strain so you can focus on recovery.

It’s often helpful for:

• Those with high out-of-pocket exposure
• Self-employed individuals
• Families relying on steady income
• Anyone wanting predictable, budget-friendly protection

Dental Coverage Options

Dental expenses are rarely covered by Medicare and can add up quickly in retirement.

You generally have two options:

Dental Insurance

Traditional insurance that includes:

• Monthly premium
• Annual deductible
• Coinsurance
• Annual benefit maximum

Often covers preventive care at high levels and shares the cost of major services like crowns or root canals.

Best for: Those who want structured, predictable coverage.

Dental Savings Plans

Not insurance — but a membership program that provides discounted rates at participating dentists.

Features:

• Low annual fee
• No deductibles
• No claims paperwork
• No waiting periods

Best for: Retirees or self-employed individuals who want flexibility and lower fixed costs.

Hospital Indemnity Insurance

Hospital indemnity insurance is a supplemental insurance policy that pays you cash if you’re admitted to the hospital.

It does not replace your health insurance. Instead, it helps cover the out-of-pocket costs that your main plan may not fully pay.

How It Works

If you’re hospitalized, the policy pays a fixed benefit amount, such as:

• A lump sum for hospital admission (ex: $1,000)
• A daily benefit for each day you’re confined (ex: $200 per day)
• Sometimes additional amounts for ICU stays or surgeries

You receive the money directly and can use it however you choose.

What It Can Help Pay For

The cash benefit can help cover:

• Deductibles
• Copays
• Coinsurance
• Travel or lodging for family
• Household bills while you recover
• Lost income (if you’re still working)

In Short: Hospital indemnity insurance provides cash protection during a hospital stay, helping reduce the financial stress that can come with unexpected medical events.