Loyola University Chicago

Human Resources

Voluntary Accident and Critical Illness

Effective January 1, 2018 Loyola University Chicago will now offer Voluntary Accident and Critical Illness to all full-time benefits eligible faculty and staff. This coverage will be offered through Reliance Standard.  No one likes to talk about the possibility of an accident but in reality, accidents are unescapable. These coverages help bridge the financial deductible gap for when those situations occur. This coverage does not require you to answer medical questions.
 
Voluntary Accident
  • Voluntary Accident insurance provides a range of fixed, lump-sum benefits for injuries resulting from a covered accident.
  • These benefits are paid directly to the insured and may be used for any reason; from deductibles and prescriptions to transportation and child care.
  • The policy is also portable up to age 70 and enrollment in the plan can be done at any time throughout the year.
  • For more details about the plan, including information on age restrictions, rates and exclusions please review the Voluntary Group Accident Insurance sheet.
 
Voluntary Critical Illness
Voluntary Critical Illness insurance provides a fixed, lump sum benefit upon diagnosis of a critical illness. These can include heart attack, stroke, paralysis and more.
  • Benefits are paid directly to the insured, and may be used for many reasons, from deductible and prescriptions to transportation and child care.
  • You may choose between benefit amounts of $10,000 or $20,000.
  • The policy is also portable up to age 70 and enrollment in the plan can be done at any time throughout the year.
  • For more details about the plan, including rates, limitations and exclusions please review the Voluntary Group Critical Illness Insurance sheet.