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Why critical illness insurance?

Medical bills are the #1 cause of U.S. bankruptcies1

Can you afford to not have critical illness insurance?

If you’re diagnosed with a critical illness, it’s important to focus on your recovery — instead of worrying about your finances.

Critical illness insurance is a supplemental health benefit for both full- and part-time Googlers, And it’s a cost-effective way to help with everyday expenses your health insurance might not cover. Like if you have a heart attack or stroke — or you’re diagnosed with Alzheimer’s disease or another critical illness.

Have enough savings to cover unexpected medical bills?

You’ll likely need to take time off work during treatment for a critical illness. How will you pay health-related bills and other expenses?

Initial critical illness diagnosis cost scenarios*

According to the Centers for Disease Control and Prevention (CDC), cancer is the second-leading cause of death in the United States.And medical costs can quickly add up if you’re diagnosed with a critical illness like cancer.

But with critical illness insurance through Securian Financial, you and your family can be more financially prepared — and keep more money in your pocket if you get sick.

Here are three examples of the typical first-year expenses associated with breast, colon and lung cancer:

SCENARIO 1

Breast cancer initial diagnosis expense3 $13,323

Scenario 1 Breast cancer bar chart Anthem gHIP deductible (Googler only) $1,400 Co-insurance of 10% $1,192.30 Anthem gHIP out-of-pocket maximum ($2,600) NA Total Googler medical cost $2,592.30 Google critical illness plan benefit $30,000 Anthem gHIP deductible (Googler only) Co-insurance (10%) Anthem gHIP out-of-pocket maximum ($2,600) Total Googler medical cost Google critical illness plan benefit $1,400 $1,192.30 N/A $2,592.30 $30,000

*Actual experience and benefit payouts may vary.

SCENARIO 2

Colon cancer initial diagnosis expense3 $24,555

Scenario 2 Colon cancer bar chart Anthem PPO deductible (Googler and domestic partner) $400 Co-insurance of 10% $2,315.50 Anthem PPO out-of-pocket maximum ($5,000) N/A Total Googler medical cost $2,000 Google critical illness plan benefit $30,000 Anthem PPO deductible (Googler and domestic partner) Co-insurance (10%) Anthem PPO out-of-pocket maximum ($5,000) Total Googler medical cost Google critical illness plan benefit $800 $2,315.50 N/A $3,115.50 $30,000

SCENARIO 3

Lung cancer initial diagnosis expense3 $37,621

Scenario 3 Lung cancer bar chart Kaiser NorCal/SoCal deductible $0 Co-insurance $0 Kaiser NorCal/SoCal deductible out-of-pocket maximum ($5,000) $2,000 Total Googler medical cost $2,000 Google critical illness plan benefit $30,000 Kaiser NorCal/SoCal deductible (Googler and children) Co-insurance Kaiser NorCal/SoCal out-of-pocket maximum ($5,000) Total Googler medical cost Google critical illness plan benefit $0 $0 $5,000 $5,000 $30,000

Dollar bills Animation of dollar bills stacking up.

Securian Financial pays you $30K

That’s right. Your critical illness benefit provides a $30,000 cash payment if you’re diagnosed with a covered critical illness.

So, keep your out-of-pocket expenses to a minimum, such as health care deductibles and medical bills. And get this additional payment to help offset other expenses – whichever amount you elected when you enrolled.4

If you get sick, you also need to consider these expenses

Travel

  • Hotel
  • Gas
  • Food

Household

  • Groceries
  • Cleaning service
  • Repairs/other bills
  • Spouse/domestic partner loss of income

Childcare

  • Daycare/nanny
  • School costs
  • Medical bills

Petcare

  • Pet sitter
  • Food
  • Medicine

More benefits of critical illness insurance

  • No medical questions or health exam
  • Covers you, your spouse/domestic partner, child(ren) and/or dependent parent(s)
  • Take your coverage with you if you leave Google

Learn more

Interested in more details about your critical illness insurance benefit – and how it can help you and your family?

Read more

Ready to enroll?

You can elect critical illness insurance through gBenefits. Have questions, send an email to peopleops-help@google.com.

Email

1. Konish, Lorie. “This is the real reason most Americans file for bankruptcy.” CNBC.com, February 11, 2019.lunch

2. “National Center for Health Statistics: Death And Mortality.” CDC.gov, last updated April 9, 2021.

3. Dieguez, Gabriela; Ferro, Christine; Pyenson, Bruce S. “A Multi-Year Look at the Cost Burden of Cancer Care.” Milliman.com, April 10, 2017.

4. Actual experience and benefit payout may vary.

This policy provides limited benefits. This policy has exclusions, limitations, reduction of benefits and terms under which the policy may be continued in force or discontinued. For costs and complete details of the coverage, contact Securian Financial Group. This is a summary of plan provisions related to the insurance policy issued by Securian Life. In the event of a conflict between this summary and the policy and/or certificate, the policy and/or certificate shall dictate the insurance provisions, exclusions, all limitations, and terms of coverage. All elections or increases are subject to the actively at work requirement of the policy. Products are offered under policy form series is 18-32550. Benefits for covered conditions will be payable upon a diagnosis of a covered condition that satisfies the requirements of the policy and when all other policy requirements are met.

Product availability and features may vary by state.

Some states may refer to this product as specified disease insurance. Critical illness insurance is issued by Securian Life Insurance Company, a New York authorized insurer headquartered in St. Paul, MN.

Securian Financial is the marketing name for Securian Financial Group, Inc., and its 
subsidiaries. Securian Life Insurance Company is a subsidiary of Securian Financial Group, Inc.

DOFU 6-2021
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