Financial Protection
What You Need To Know
Voluntary insurance can offer another layer of financial protection for serious accidents or illnesses. Your medical plan insurance is your primary source for comprehensive coverage for the care you need to stay healthy or to treat an injury or illness. But, when you’re sick or injured, you may also need help with other expenses, like child care, groceries, and everyday household bills. That’s where voluntary insurance can step in.
Plans Available to You
Voluntary Accident Insurance
If you experience a covered accident, this insurance pays benefits for specific injuries and events, such as surgery, hospital admission and confinement, and medical equipment. The benefit depends on the type of injury and treatment received. For more information on voluntary accident insurance and the cost of coverage, please refer to the Summary of Benefits.
Voluntary Critical Illness Insurance
This coverage pays a lump-sum benefit if you are diagnosed with a covered illness or condition. For more information on critical illness insurance and the cost of coverage, please refer to the Summary of Benefits.
Voluntary Hospital Indemnity Insurance
This plan pays a daily benefit if you have a covered stay in the hospital, critical care unit, or rehabilitation facility. For more information on hospital indemnity insurance and the cost of coverage, please refer to the Summary of Benefits.
Term Life Insurance
Goodwin offers voluntary term life insurance through Unum that lets you supplement the basic life insurance coverage you automatically receive for yourself. Plus, you can purchase coverage for your spouse or domestic partner, and children, as long as you purchase additional coverage for yourself.
Supplemental Long-Term Disability
Goodwin automatically provides group long-term disability coverage for you. However, you may wish to supplement this coverage by purchasing a buy-up option through Unum that provides 75% insurable income replacement in the event you become disabled.
Legal Insurance
Whether you need help creating a will or fighting a traffic ticket, legal insurance through ARAG connects you to a network of experienced attorneys when you or a family member needs legal assistance.
Trustmark Long-Term Care
You can choose a long-term care plan and benefit amount that provides the right protection for you. These plans from Trustmark can help you pay for long-term care services at any age.