ING Employee Benefits has announced its new critical illness insurance product, Premier Critical Illness, to complement traditional health and disability insurance. PCI insurance pays a lump-sum benefit following a diagnosis of one of several specified diseases or illnesses, including coma, heart attack, major organ failure and stroke. Employers can add cancer coverage, or purchase cancer-only coverage on a stand-alone basis.

Other features include:

• Modular design – Employers can choose group-level plan options based on their unique needs.
• Conditional guaranteed issue – Guaranteed issue underwriting is available for cases with more than 500 eligible employees, if participation requirements are met.
• Restoration benefit rider – This rider will restore the maximum benefit amount one time for a future occurrence or reoccurrence of any covered condition in the critical illness module, following payment of 100 percent of the base plan benefits.
• Occupational HIV benefit rider – This rider provides a one-time lump sum payment of $10,000 if an employee is diagnosed with occupational HIV. The rider is available for approved healthcare or related professions at no additional cost to the employee.

For more information, visit www.ing.com.