We chose Aflac as the best guaranteed issue policy due to the fact you can enroll without having to answer any health questions, and your policy is guaranteed. The company was founded in 1955 but has changed names and hands over the decades since then. Aflac critical illness insurance is underwritten by Continental American Insurance Company, which now has an A+ rating for financial strength from AM Best.

Aflac critical illness coverage is written to pay out a lump sum if you’re diagnosed with a critical illness like cancer, heart attack, stroke, kidney failure, or skin cancer. You can also receive the cash payout of your policy if you need a bone marrow transplant or an organ transplant.

You can purchase a basic guaranteed issue policy with a coverage amount of $10,000, but you can also upgrade to an enhanced policy worth $20,000.1 Also note that each dependent child is covered at 50% under your policy at no additional charge, making this coverage a good option if you’re worried about your children’s health.

Mutual of Omaha excels when it comes to offering critical illness insurance for a broad range of conditions, and with select add-ons, you can purchase to make your coverage even more robust. Founded in 1909, this provider has a long history of offering life insurance, long-term care insurance, annuities, and various investment products. Mutual of Omaha also boasts an A+ rating for financial strength from AM Best.3

When it comes to critical illness insurance, this provider promises no surprises and the ability to renew your policy for your entire lifetime. Limited underwriting is also a major plus, and you can add all your dependents to your policy for a flat amount regardless of the number of children you have.2

Interestingly, this policy also comes with a return of the premiums that you pay upon your death, which is a major benefit for your heirs. You can also tailor your policy with optional riders, although the options available to you can depend on where you live, your age, and other factors.2

Mutual of Omaha stands out due to the variety of conditions their critical illness coverage includes. In addition to major conditions like cancer and stroke, Mutual of Omaha critical illness insurance covers blindness, paralysis, deafness, and more.2

Employers who want to offer their workers critical illness coverage should explore Colonial Life Insurance Company and all they have to offer, especially considering employee coverage can be guaranteed. Employee coverage is also portable, which is a huge benefit for workers who may not stay at the same job for their whole lives. This provider was founded in 1937, and they have a long history of providing high-quality insurance products.

Group critical illness plans from this provider come with guaranteed issue options and limited underwriting, so you could potentially provide all of your workers with this important coverage. Heart attacks, strokes, and renal failure are all covered, and additional conditions may be included depending on the plan you select.2

A major benefit of group plans from Colonial Life is the fact that employers can add additional coverage for their dependents, and that some policies are portable, so employees can take them with them if they switch jobs. Colonial Life also lets employees file and manage their claims online using the company portal for exceptional convenience.2

Liberty Mutual surpasses its competitors when it comes to getting a quote and applying online. You can answer some basic questions and find out if you’re eligible in a matter of minutes and you can set up coverage as soon as you pay your premiums and sign the paperwork for your policy.

Liberty Mutual was originally founded in 1912 and it has offered a variety of insurance products, investments, and more since then. This provider also has an A rating from AM Best for its financial strength.5

Critical illness insurance from Liberty Mutual automatically covers cancer, coronary artery bypass surgery, heart attack, organ transplant, and stroke, and additional illnesses may be covered depending on your state. Note that insurance from Liberty Mutual is available in amounts up to $50,000, which is higher than many competing critical illness policies offer. You can purchase coverage for yourself and your family members, and you can receive a lump-sum payment upon diagnosis that you can use however you want.

AIG offers some of the most comprehensive lifetime coverage benefits with payment amounts up to $500,000 available.6 This provider was founded in 1919, so AIG has a long history of offering life insurance and other insurance products that stand the test of time. AIG also reports an A rating for financial strength from AM Best.7

AIG critical care insurance provides coverage for a plethora of conditions ranging from invasive cancer to coma, heart attack, stroke, renal failure, and severe burns. You can purchase additional riders that provide coverage for accidental death and dismemberment, or for an extension of your benefits. You can also purchase an optional HIV rider if you’re a medical professional.

We like the fact you can purchase coverage for up to $500,000, but you should note that a medical exam is required for coverage amounts over $100,000. Also, note that you can purchase coverage for your spouse and your dependent children.

We chose Assurity Life Insurance due to the fact there’s no waiting period for most coverage and procedures, and you may not need a medical exam. Assurity Life was founded in 1890, so it has been around for well over 100 years. This company also has an A- rating from AM Best.9

Coverage from this provider applies to a broad range of conditions including heart attack, cancer, stroke, and advanced Alzheimer’s disease.8 Depending on where you live, you may also be able to purchase coverage for advanced conditions such as Advanced ALS, Advanced Parkinson’s Disease, blindness, deafness, benign brain tumors, and severe burns. 

If you’re a customer of Assurity Life, you’ll have the option to make a payment on your policy or file a claim through the company’s online portal. When you file a claim, you can receive a cash payout for your policy amount right away, which can help you cover living expenses and bills so you can focus on your recovery.

American Fidelity stands out due to their recurrent diagnosis benefit, which will pay 50% of the original policy amount if you’re diagnosed with the same condition for a second time.11 This company has been around since 1960 and has an A+ rating from AM Best.12

With American Fidelity, you may be able to get coverage without a medical exam, and coverage amounts from $10,000 to $30,000 are available. You can also get up to $50 per year toward health screenings that might help you avoid a critical illness, and employer policies from this provider are portable, meaning you can take them with you wherever you go.11

Another benefit of American Fidelity critical illness coverage is the fact this provider has its own online portal where you can pay a bill, file a claim, and follow up on the claims process. Just note that certain pre-existing conditions may bar you from getting coverage, depending on your unique policy details.