Details of Coverage
This is Critical Illness coverage only. A LIMITED POLICY.
Exclusions
We do not pay any benefits: 1) during the first 12 months of coverage for a critical illness caused by or resulting from any Pre-Existing Condition; or 2) for any condition that is not diagnosed as a critical illness. We do not pay benefits for any critical illness caused by, contributed to by, or resulting from any of the following: 1) use of alcohol, narcotics, poisonous substances, intoxicants or drugs other than as prescribed by a Physician; 2) alcohol abuse; or 3) intentionally self-inflicted injury.
A Pre-Existing Condition is an illness or condition for which an insured received medical treatment during the 12 months prior to the Certificate Effective Date. You can only have one Stonebridge Life Insurance Company Certificate/Policy providing the same or similar coverage.
Rate Changes and Renewability
Once you are insured, your coverage is renewable until the age of 65 as long as the premiums are paid when due. Rates increase upon entry into each 5-year age band. Rates within each age band can change on any date after the first year only if they’re changed for everyone by class insured under the Master group policy or individual policy. Coverage stops when the Critical Illness benefit is paid or when you die. The waiting period begins on the certificate effective date.
There is a 30-day waiting period before benefits are paid. The waiting period begins on the Policy/Certificate Effective Date. A limited benefit equal to 110% of all premiums paid is paid if the critical illness first occurs (is positively diagnosed-in Illinois) during the waiting period. After the 30-day waiting period the full benefit is paid for a covered critical illness.
- In Utah, the pre-exiting condition limitation is 6 months
- AR and UT Residents: You cannot be covered by any Title XIX program in order to get this coverage
- VT residents: You must be covered by a comprehensive health policy in order to be covered by this critical illness product
- Louisiana and Maryland Residents: May apply for up to $30,000 in benefits
A limited benefit plan. Stonebridge Life Group Insurance Trust.
SLC-3550-0505/SLCR-ROP65-0505, MP#02748
SL-215-0505/SLCR-ROP65-0505
Critical Illness Insurance is currently available in Alaska, Arkansas, California, Colorado, District of Columbia, Delaware, Florida, Hawaii, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Missouri, Mississippi, North Carolina, Nebraska, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin and Wyoming.
