|
..EXAMPLE OF HOW BENEFITS ARE PAID UNDER THE $10,000 MEDIAN OPTION |
|
Benefit |
|
|
Amount Payable |
|
|
If you have |
|
|
|
|
|
Coronary Artery By-Pass Surgery then - |
|
|
Coronary Artery By-Pass Surgery at 25% = $2,500 |
|
a Heart Attack then - |
|
|
Heart Attack at 75% = $7,500 (Since By-Pass Surgery paid) |
|
Alzheimer’s Disease then - |
|
|
Alzheimer’s at 25% = $2,500 |
|
a Cancer Screening Test then - |
|
|
CEA (blood test for colon cancer) = $100 (4 units) |
|
Invasive Cancer then - |
|
|
Invasive Cancer at 100% = $10,000 |
|
a second Heart Attack 2 years later - |
|
|
Heart Attack at 25% of previous paid benefit, because Recurrence Benefit = $1,875 |
| |
|
|
|
|
| |
Total Category 1, Category 2, Category 3, Recurrence Benefit, and Wellness Benefits paid = $24,475. The covered person is still eligible for up to $7,500 under Category 2 benefits. |
| |
|
| |
After 100% of the basic benefit amount of the certificate has been paid within a category (Category 1, Category 2, or Category 3), AWD does not pay any more benefits for any illness associated with that category. Once the covered person has exhausted all basic benefit maximums in Category 1, 2, and 3 and the Recurrence Benefit, coverage is terminated.
|
