LifeSecure Critical Illness Insurance
A Lump-Sum Cash Payment When You’re Diagnosed With a Serious Illness
Choose a benefit amount from $5,000 to $50,000. If you’re diagnosed with a covered condition, LifeSecure pays you the full amount in cash—use it for whatever you need, from medical bills to mortgage payments.
How LifeSecure Critical Illness Works
Simple, lump-sum protection that helps your finances survive a major diagnosis.
When you choose your coverage, you pick a benefit amount—anywhere from $5,000 to $50,000. If you’re later diagnosed with a covered condition, LifeSecure pays you the entire benefit amount as a lump sum.
There are no restrictions on how you use the money. Many policyholders use it to cover deductibles, out-of-network specialists, experimental treatments, lost income while recovering, household bills, mortgage payments, or travel for treatment.
Even better: each dependent child on your policy is automatically covered with a $2,500 benefit at no additional cost.
- Average out-of-pocket cost for cancer treatment: $5,000–$12,000+ even with insurance
- Average heart attack patient misses 6–8 weeks of work
- 1 in 4 cancer survivors experience financial hardship
- A lump-sum cash benefit hits your bank account when bills hit the mailbox
Common Covered Conditions
LifeSecure’s critical illness plan covers the most common life-threatening diagnoses. Examples include:
- Cancer (invasive cancer)
- Heart attack (myocardial infarction)
- Stroke
- Coronary artery bypass surgery
- Major organ transplant (heart, lung, liver, kidney, pancreas)
- End-stage renal (kidney) failure
- Paralysis (loss of use of two or more limbs)
- Coma
- Severe burns
- Loss of sight, hearing, or speech
- Carcinoma in situ (typically a partial benefit)
- Childhood-specific conditions covered under dependent benefit
| Covered Condition | % of Benefit Amount Paid (First Diagnosis) |
|---|---|
| Heart Attack | 100% |
| Stroke (CVA) | 100% |
| Invasive Cancer | 100% |
| End Stage Renal (Kidney) Failure | 100% |
| Major Organ Failure | 100% |
| Coronary Artery Disease | 25% |
| Carcinoma in Situ (Stage 0) | 25% |
| Prostate Cancer (early stage) | 25% |
| Skin Cancer | 5% |
Source: LifeSecure Critical Illness — Individual Plan-at-a-Glance, policy form LS-CI-0001.
Specific covered conditions and benefit percentages vary by state and policy. Some conditions (like carcinoma in situ) typically pay a percentage of the full benefit. The full list and any limitations are in the Outline of Coverage you’ll receive at quote.
Benefit Amount Options
Pick the lump-sum amount that fits your needs and budget.
| Benefit Amount | What It Covers | Typical Monthly Cost (age 45 non-smoker) |
|---|---|---|
| $5,000 | Health plan deductible + a few months of out-of-pocket costs | From about $12–$18 |
| $10,000 | Most likely out-of-pocket maximum + initial recovery costs | From about $22–$32 |
| $15,000 (most common) | Out-of-pocket maximum + initial recovery costs | $27.00/month (verified IL rate, age 35 Self-only) |
| $50,000 | Comprehensive financial cushion through recovery | From about $85–$130 |
Premiums shown are illustrative ranges. Actual rates depend on age at enrollment, tobacco use, gender, state, and coverage selections. Children’s $2,500 benefit is included automatically for dependents.
Why People Add Critical Illness Coverage
- Family history of cancer, heart disease, or stroke. If you have a parent or sibling who’s been diagnosed, your statistical risk is meaningfully higher.
- You have a high-deductible health plan. Your major medical pays the medical bills, but you’re still on the hook for the deductible and out-of-pocket maximum.
- Limited emergency savings. A lump-sum benefit is essentially an emergency fund that activates the moment you’re diagnosed.
- Self-employed or commission-based income. No paid sick leave, no short-term disability through an employer—the benefit can replace lost income.
- Single-income household. If you’re the primary earner and you get sick, the family budget feels it immediately.
Extra Benefits Included at No Cost
Frequently Asked Questions
How is “diagnosis” defined for a claim?
A claim requires a formal diagnosis from a licensed physician—typically including pathology reports for cancer, ECG/biomarker evidence for heart attack, neurological imaging for stroke, etc. The exact diagnostic criteria for each condition are spelled out in the policy.
Can I receive the benefit more than once?
LifeSecure’s critical illness plans typically allow benefits for the recurrence of the same condition (after a separation period) and for subsequent diagnosis of a different covered condition. Specific terms and re-occurrence rules are in the policy documents.
Is there a waiting period?
Yes. There is a 30-day wait for heart attack, stroke, end-stage renal failure, and major organ failure. There is a 90-day wait for invasive cancer, prostate cancer, skin cancer, and carcinoma in situ (30 days in GA/ID/NC/NH/OK/TN; 60 days in AL). If diagnosed during the wait period you may cancel for a full refund.
Are pre-existing conditions excluded?
Yes. Conditions you’ve been diagnosed with or treated for before your policy effective date are typically not covered. There’s usually a look-back period (commonly 12 months) and a corresponding exclusion period after coverage starts.
Do my children need to be added separately?
No. Each dependent child is automatically covered for $2,500 at no additional charge. You don’t need to upgrade to a family tier to get child coverage.
What ages can apply?
Most LifeSecure critical illness plans accept applicants from age 18 to 70. Premiums are based on your age at enrollment.
Lock in Your Lump-Sum Protection
Quote, apply, and complete enrollment online—no medical exam required for most applicants.
LifeSecure Critical Illness Insurance is underwritten by LifeSecure Insurance Company, Brighton, MI. Benefit amounts, covered conditions, exclusions, limitations, and waiting periods vary by state and plan. This page is a marketing summary—please review the official Outline of Coverage and policy documents for complete details. Illinois Health Agents is an independent, licensed insurance agency.