ACE INA Life Insurance has launched the SPECTRUM Group Critical Illness Insurance Plan, which features unique benefits such as second event coverage and coverage for loss of independence.
Second event coverage allows an insured to be eligible for a second event covered under the plan while loss of independence provides a daily benefit if the insured requires assistance with the activities of daily living.
With advancements in medical science, employees who suffer a critical illness will in all likelihood return to work.
“In today’s sophisticated benefit market, employers are seeking benefits with true lasting value and our second event feature is a particularly attractive benefit,” says Terri Mitchell, executive vice-president and chief operations officer of ACE Life.
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