Definitions

Supplemental Insurance: Additional coverage that pays cash benefits directly to you to help with expenses not covered by primary insurance.

Elimination Period: The waiting period before disability benefits begin.
Example: A 0/7 elimination period means benefits start immediately for accidents and after 7 days for sickness.

Benefit Period: The maximum length of time you’ll receive payments under a disability plan (e.g., 3 months or 6 months).

Indemnity: A set cash payment for a covered event, regardless of the actual cost.
Example: Hospital confinement indemnity pays you a fixed amount per day in the hospital.

Critical Illness Coverage: Pays a lump-sum benefit if you’re diagnosed with a serious condition like heart attack, stroke, or cancer.

Premium: The amount deducted from your paycheck to maintain your Aflac coverage.