Cigna's Individual Term Insurance Plans: Exploring Personalized Coverage Options

Cigna offers a wide range of insurance plans, including health insurance, dental plans, and Medicare. They provide insurance for individuals and families, as well as plans through employers. Cigna's individual insurance plans include supplemental health insurance, which can help cover out-of-pocket medical expenses and household expenses during illnesses or accidents. They also offer individual whole life insurance, which can help pay for final expenses due to accidental death or illness. Additionally, Cigna provides term coverage, which is temporary insurance providing benefits only for the policy's term. While Cigna does offer individual insurance plans, their primary focus is on group insurance policies provided through employers.

Cigna's individual term insurance coverage limit

Cigna offers a range of insurance plans for individuals and families, including health insurance, dental plans, and Medicare. While they do offer individual term insurance, their coverage limit is $25,000, which is relatively low compared to other insurance companies.

Cigna's individual term insurance is designed to cover final expenses, including funeral costs, and is available for around $$28 per month. The coverage limit of $25,000 is the maximum amount that your beneficiaries will receive upon your death. It's important to note that this type of insurance is not meant to be comprehensive and may not cover all medical expenses.

In addition to the individual term insurance, Cigna also offers supplemental insurance policies that can provide additional coverage and cash benefits. These policies are designed to help with out-of-pocket medical expenses and can be purchased at any time of the year.

When considering Cigna's individual term insurance, it's important to review the specific coverage details, exclusions, and limitations outlined in their policies. The coverage limit may vary depending on your state and other factors, so it's recommended to contact a Cigna representative or refer to their website for more information.

Cigna's individual term insurance premiums

Cigna offers a range of insurance plans, including individual term insurance, which can be purchased directly by individuals seeking coverage for themselves and their families. While the specific premiums vary based on factors such as age, state, and benefit amount, here is an overview of the premium costs for Cigna's individual term insurance:

Lump Sum Heart Attack and Stroke Insurance:

This plan provides a cash benefit of up to $75,000 to help with medical or household expenses following a heart attack, stroke, or other heart-related surgery. The premium for this plan starts at around $19 per month.

Lump Sum Cancer Insurance:

Cigna's Lump Sum Cancer Insurance offers a cash benefit to help cover expenses after a cancer diagnosis. The premium for this plan is approximately $19 per month, providing financial support for medical and household expenses related to cancer treatment.

Cancer Treatment Insurance:

The Cancer Treatment Insurance plan offers a cash benefit to assist with the costs of cancer treatment, care, and associated expenses. With a premium of around $18 per month, this plan provides valuable financial support during a challenging time.

Hospital Indemnity Insurance:

Cigna's Hospital Indemnity Insurance plan provides a fixed benefit following a covered hospitalization. The premium for this plan is approximately $10 per month, offering financial assistance for medical or household expenses.

Accident Treatment Insurance:

This plan helps cover the costs of accidental injuries and related treatment. With three flexible benefit levels, the premium for Accident Treatment Insurance starts at around $15 per month. The cash benefit can be paid directly to the policyholder or assigned to the hospital.

Whole Life Insurance:

Cigna's Whole Life Insurance plan offers a cash benefit to help pay for final expenses due to accidental death or illness. With guaranteed premiums that won't increase, this plan provides peace of mind for policyholders. The premium for this plan is around $28 per month.

It is important to note that these premium rates are illustrative and may vary based on individual factors. Additionally, Cigna offers a range of other insurance plans, such as health insurance, dental insurance, and supplemental insurance, each with its own premium structure.

Cigna's individual term insurance riders

Cigna offers a range of optional insurance riders that can be added to their individual term insurance policies to increase coverage. These include:

• Accelerated Death Benefit Rider: Allows the policyholder to access a portion of their death benefit if they or their spouse is diagnosed with a terminal illness and has less than 12 months to live.
• Accidental Death Benefit Rider: Provides an additional death benefit to beneficiaries if the policyholder dies in a covered accident.
• Lump Sum Cancer Rider: Pays out a lump sum of 100% of the chosen benefit amount, ranging from $5,000 to $100,000, upon a cancer diagnosis.
• Lump Sum Heart Attack and Stroke Rider: Pays out a percentage of the chosen benefit amount, ranging from $5,000 to $100,000, upon a diagnosis or procedure for a qualifying event, such as a heart attack, stroke, or heart-related surgery.
• Hospital Indemnity Benefit Rider: Provides an additional benefit if the policyholder requires hospital care due to sickness, complications from pregnancy, or injury. The benefit amount ranges from $100 to $1,000 per day of hospital confinement.
• Intensive Care Unit Indemnity Benefit Rider: Provides a cash benefit if the policyholder requires a stay in the intensive care unit due to complications from pregnancy. The benefit amount ranges from $100 to $1,000 per day of ICU confinement.
• Hospital and Intensive Care Unit Indemnity Benefit Rider: Combines the benefits of the Hospital Indemnity Benefit Rider and the ICU Indemnity Benefit Rider. Pays out the chosen benefit amount, ranging from $100 to $1,000, for each day of hospital confinement and doubles the benefit for each day of ICU confinement.
• Return of Premium Rider: Provides a refund of all premiums paid (policy and riders) if the policy is unused at the time of the policyholder's death.

Cigna's individual term insurance availability

Cigna offers a wide range of insurance plans for individuals and families, including health insurance, dental plans, and Medicare. They also provide supplemental insurance policies, which can help cover additional expenses not included in primary health insurance, such as copays and deductibles. These supplemental policies are available at any time of the year and can be purchased alongside a primary insurance plan or Medicare supplement plan.

In addition to individual plans, Cigna also offers group insurance plans through employers. These plans include group term, group universal, and individual whole life insurance. The availability of these plans depends on whether your employer offers Cigna life insurance as part of its employee compensation package.

Cigna's individual whole life insurance plan is available for purchase directly through their website, and their customer service can provide support for those with questions or seeking to enrol.

Cigna's individual term insurance application process

Cigna offers a range of insurance plans for individuals and families, including health insurance, dental insurance, pharmacy benefits, and supplemental insurance. The process for applying for Cigna's individual term insurance will vary depending on the specific type of insurance you are interested in. Here is a step-by-step guide on how to apply for Cigna's individual term insurance:

• Visit the Cigna website or contact a Cigna representative to determine the specific insurance plan that best suits your needs. Cigna offers a variety of plans, including health insurance, dental insurance, and supplemental insurance.
• Review the eligibility requirements for the selected insurance plan. Cigna's plans may have different eligibility criteria based on factors such as age, residency, and family status. Make sure you meet all the necessary requirements before starting the application process.
• Gather the required information and documents. This may include personal information such as your name, date of birth, address, and Social Security number. You may also need to provide information about your current health status and medical history.
• Complete the application form. You can usually find the application form on the Cigna website or by contacting a Cigna representative. Carefully fill out the form with all the required information.
• Submit the application form and wait for a response from Cigna. The response time may vary, but you should receive a decision on your application within a reasonable timeframe.
• If your application is approved, you will need to finalise the enrolment process. This may include selecting a specific plan option, choosing a payment method, and agreeing to the terms and conditions of the insurance plan.
• Once your enrolment is complete, you will receive confirmation from Cigna, along with information about your coverage, benefits, and any other relevant details. Make sure to review this information carefully and keep it for your records.

It is important to note that the specific steps and requirements may vary depending on the type of insurance you are applying for and your individual circumstances. Therefore, it is always recommended to review the detailed information provided by Cigna for the specific insurance plan you are interested in. Additionally, the availability of certain plans may differ based on your location.

Frequently asked questions