A supplementary medical insurance policy reimburses specific health expenses, detailed in the policy, that you may incur and that are not covered by government programs.
A supplementary medical insurance policy is a health expense benefit under Assuris protection.
If your life and health insurance company fails, Assuris guarantees that you will retain up to $250,000 or 90% of your benefit amount, whichever is higher.
$130,000
Original
benefit amount
Since the health expense benefit is less than $250,000, you will retain your full benefit amount.
$130,000
Protected benefit amount
$300,000
Original
benefit amount
Since your health expense benefit is more than $250,000, you will retain 90% of your benefit amount.
$270,000
($300,000 × 90%)
Adjusted benefit amount