Critical Illness Insurance

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Critical Illness Insurance

• Critical Illness Insurance
• The coverage that pays you for living

Critical Illness insurance is underwritten by
Mutual of Omaha Insurance Company, Mutual of
Omaha Plaza, Omaha, NE 68175. Critical Illness
policy/certificate forms CI, CI1, CCI, CCI1 (in
ID, CI-20145,CI1-20146 in OK, CI-19655,
CI1-19656 in OR, CI-19913, CI1-19914 in
PA,CI-19936, CI1-19937 in TX, CI-19753,
CI1-19754) or state equivalent. This is a limited
benefit health insurance policy/certificate.
Exclusions, limitations and reductions apply.
Rates and availability may vary by state.
AFN39346_0206
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Critical Illness Insurance

• Due to medical advancements
• People live longer
• Average life expectancy at birth1
• 1900 - 47.3 years
• 2002 - 77.3 years

1 National Center for Health Statistics - 2005
Table 27 - Life Expectancy at Birth
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Critical Illness Insurance

• Due to medical advancements
• More critical illnesses are diagnosed in the
  United States
• More than 1.37 million new cancer cases are
  expected to be diagnosed in 20051
• Every 26 seconds someone suffers a coronary
  event2
• Every 45 seconds someone suffers a stroke2

1 2005 Cancer Facts Figures, American Cancer
Society 2 Heart Disease and Stroke Statistics -
2005 Update American Heart Association
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Critical Illness Insurance

• Due to medical advancements
• People survive more critical illnesses
• The 5-year relative survival rate for all cancers
  combined is 641
• In 2003, the 1-year survival rate for heart
  transplants was 86.92

1 2005 Cancer Facts Figures, American Cancer
Society 2 Heart Disease and Stroke Statistics -
2005 Update American Heart Association
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Critical Illness Insurance

• Due to medical advancements
• Survival has a price
• Costs like
• Loss of income
• Out-of-network treatment
• Experimental treatment
• Transportation and lodging for family members and
  loved ones during treatment
• Child care, housekeeping and other domestic
  assistance

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Critical Illness Insurance

• Critical Illness insurance meets a need not met
  by traditional productsthe price of survival.

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Critical Illness Insurance

• What is Critical Illness Insurance?

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Critical Illness Insurance

• What is Critical Illness Insurance?
• Developed by Dr. Marius Barnard in 1983
• Critical Illness provides you with a tax-free1
  lump-sum cash benefit when youre diagnosed2 with
  one of the covered conditions providing you

Financial independence when you need it most
1 According to current tax laws. Consult your tax
advisor. 2 As defined by the policy/certificate.
Exclusions, limitations and reductions apply.
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Critical Illness Insurance

• How do I use the cash benefit payment?
• Critical Illness insurance is all about personal
  choiceyou may use the cash benefit payment on

Anything you wish
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Critical Illness Insurance

• You may be thinking
• I already have health and disability insurance,
  so why do I need this?

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Critical Illness Insurance

• Traditional insurance wont cover all the
  expenses related to a critical illness
• Medical Insurance
• Pays for doctor visits and prescription drugs
• Disability Insurance
• Pays a portion of income during a period of
  covered disability
• Life Insurance
• Pays a beneficiary upon death

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Critical Illness Insurance

• Who do you know whos had
• cancer
• a heart attack
• a stroke

Who planned to be on that list?
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Critical Illness Insurance

• Now think about what a difference a cash payment
  of 10,000, 50,000, 100,000 or more would have
  made to each person when their condition was
  diagnosed.

What difference would it make in your life?
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Critical Illness Insurance

• What events may impact or change your life?

Event Are you Insured? Stolen
vehicle _______________ Home
fire _______________ Home flood __________
_____ Death _______________ Diagnosis of
heart attack or cancer _______________
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Critical Illness Insurance

• Critical Illness Insurance from Mutual of Omaha
  Insurance Company

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Critical Illness Insurance

• Mutual of Omahas Critical Illness Insurance
• Pays 100 of your maximum benefit amount when
  youre diagnosed1 with

• Life-Threatening Cancer
• Heart Attack
• Stroke
• Alzheimers Disease
• Deafness
• Multiple Sclerosis

• Major Organ Transplant - when registered with
  United Network of Organ Sharing (UNOS) Paralysis
• Renal (kidney) failure
• Blindness

1 As defined by the policy/certificate
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Critical Illness Insurance

• Mutual of Omahas Critical Illness Insurance
• Pays 25 of your maximum benefit amount when
  youre diagnosed1 with

• First Carcinoma in Situ
• First Coronary Angioplasty
• First Coronary Bypass Surgery

1 As defined by the policy/certificate
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Critical Illness Insurance

• If 25 of policy benefit amount is paid, your
  policy still continues at a 75 benefit amount -
  with a 25 premium reduction

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Critical Illness Insurance

• Return of Premium Feature1
• Youll receive the lump-sum benefit upon
  diagnosis, or if you die while this coverage is
  in force, your beneficiary or your estate will
  receive either
• All paid premiums less benefits received or
• Nothing, if the benefits paid are equal to or
  greater than the premiums paid

1 As defined by the policy/certificate. Not
available in Florida.
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Critical Illness Insurance

• Return of Premium Feature1
• In Georgia, if you die while this coverage is in
  force, your beneficiary or your estate will
  receive an amount equal to or less of
• Return of premium or
• The maximum benefit amount in force at the time
  of death

1 As defined by the policy
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Critical Illness Insurance

• Reduction of Benefits
• The maximum benefit amount will be reduced by 50
  at age 65 or 5 years after the issue date if the
  insured is age 60 or older at policy/certificate
  issue
• If the policy/certificate or certain riders pay a
  portion of the maximum benefit amount, your
  maximum benefit amount and premium will be
  reduced accordingly

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Critical Illness Insurance

• Exclusions and Limitations
• This policy/certificate does not cover any loss
  of the Insured caused by the following
• (a) intentionally self-inflicted injury, while
  sane or insane (in CO and MO, while sane only)
• (b) the use or intake of any drug, intoxicant or
  narcotic, other than as prescribed and
  administered by or in accordance with the
  instruction of a Legally Qualified Physician (not
  applicable in ID, OK, SC, SD and VT)
• (c) the Insureds operation of a motor vehicle
  while the Insureds blood alcohol concentration
  is in excess of the legal limit in the state in
  which the incident occurs (not applicable in ID,
  OK, SC, SD and VT)
• (d) committing or attempting to commit a felony
• (e) loss resulting from, or service in the armed
  forces or auxiliary units (in SC, loss resulting
  from, or service in the armed forces or auxiliary
  units upon notice of entry into a service, the
  pro rata premium will be refunded
• (f) while engaging in an illegal occupation or
• (g) participating in a riot or insurrection.
• (h) In ID, alcoholism or drug addiction.
• (i) In OK, drug addiction.
• (j) In OK, alcoholism.
• (k) In SC, being intoxicated or under the
  influence of any narcotic unless taken on the
  advice of a Legally Qualified Physician.
• This policy/certificate will cover only the
  following skin cancers
• (a) invasive malignant melanoma in the dermis or
  deeper, and
• (b) skin malignancies that have become Life
  Threatening Cancers.

No benefits are payable for any medical
conditions or surgical treatments other than the
Critical Illness Insured Conditions defined in
the policy/certificate. If cancer is detected
within the first 30 days following the
policy/certificate issue date, the
policy/certificate will be terminated and
premiums paid will be returned (provisions may
vary by state).
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Critical Illness Insurance

• Questions?

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Critical Illness Insurance

• Underwritten By
• Mutual of Omaha Insurance Company
• Mutual of Omaha Plaza
• Omaha, NE 68175
• mutualofomaha.com

Critical Illness policy/certificate forms CI,
CI1, CCI, CCI1 (in ID, CI-20145,CI1-20146 in OK,
CI-19655, CI1-19656 in OR, CI-19913, CI1-19914
in PA,CI-19936, CI1-19937 in TX, CI-19753,
CI1-19754) or state equivalent. This is a limited
benefit health insurance policy/certificate.
Exclusions, limitations and reductions apply.
Rates and availability may vary by state.