Overview — Assurity Life Insurance Company: Hospital Indemnity
Assurity Life Insurance Company’s Hospital Indemnity program (Assurity at Work) provides a straightforward hospital cash benefit designed for workplace voluntary programs and individual supplemental coverage. The plan pays a fixed daily benefit for covered inpatient stays, with flexible daily limits and optional riders that let you tailor protection to the client’s needs. Benefits are available in six-month and one-year maximum payment periods and the contract is guaranteed renewable to age 65.
Coverage highlights
- Daily benefit range: $30 to $250
- Choice of maximum benefit period: six months or one year
- No elimination period for injuries; choice of elimination period for sickness
- Guaranteed renewable to age 65
- Interchangeable rider options to expand or customize coverage
Riders available
- Family Rider
- Annual First Occurrence Hospital Rider
- Annual Wellness Benefit Rider
- Emergency Accident Rider
- Injury Hospital Indemnity Rider
- Hospital Indemnity Rider
- Accidental Death, Dismemberment and Paralysis Benefit Rider
- Outpatient Sickness Rider
- Intensive Care Unit Rider
- Private Duty Nurse Rider
- Surgery and Anesthesia Rider
- Surgery, Anesthesia and Additional Benefits Rider
Ideal accounts and appetite
This program is a good fit for:
- Employers offering voluntary or payroll-deducted supplemental benefits for employees (small to mid-sized groups).
- Agents placing individual or worksite hospital indemnity policies for clients who need predictable cash assistance during inpatient stays.
- Clients seeking simple, limited-duration inpatient benefits to help cover deductibles, lost wages, transportation, or incidental out-of-pocket costs related to hospitalization.
Not a fit when clients require long-term institutional care, indefinite hospital coverage, or extensive medical expense reimbursement — this product is designed as a daily cash indemnity, not primary medical insurance.
Underwriting notes and placement tips
- Daily benefit selections allow you to match benefit levels to payroll contributions or individual budgets — useful for voluntary worksite programs.
- No elimination period applies to injuries; sickness elimination periods are selectable, which can help manage pricing for higher risk groups.
- Benefit periods (six months or one year) limit exposure — make sure buyers understand the maximum payable days per claim period.
- Riders can broaden appeal (e.g., family coverage, ICU, surgery riders); evaluate which riders improve fit for your client’s population without exceeding budget constraints.
- Typical declines or restrictions may apply for applicants with recent hospitalizations or ongoing inpatient care needs; submit full medical details with applications to speed decisions.
Territories and availability
Available in: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY.
Why place this business with Assurity Life Insurance Company
- Simple, easy-to-explain hospital cash benefits that work well in voluntary worksite programs and individual supplemental placements.
- Flexible daily limits and multiple riders let you create modular solutions for different employee or consumer segments.
- Guaranteed renewable to age 65 provides portability and predictable renewal expectations for clients.
- Designed for fast quoting and straightforward underwriting when complete information is submitted.
Agent examples
- You might have a small employer who wants an affordable voluntary benefit to reduce employee financial stress after an inpatient stay — propose a $75–$150 daily benefit with an ICU rider and family rider to cover dependents.
- You might place an individual supplemental policy for a client who needs predictable cash to cover hospital coinsurance and transportation costs — select a daily benefit that matches their anticipated out-of-pocket exposure and add an annual first occurrence rider for added peace of mind.
Frequently Asked Questions
What are the available daily benefit amounts and maximum payment periods?
Daily benefits range from $30 to $250. The policy offers maximum benefit periods of six months or one year, so total payable days are limited by the chosen period.
Are there elimination periods for injury or sickness?
There is no elimination period for covered injuries. For sickness, the policy offers selectable elimination periods — choose the option that best balances client cost and coverage needs.
Which riders are most commonly used to expand coverage?
Common rider selections include Family Rider, ICU Rider, Surgery and Anesthesia Riders, and Annual First Occurrence Hospital Rider. These let you customize the policy for employee groups or individual preferences.
In which states can I place this hospital indemnity product?
This program is available in most states listed on the storefront, including AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI and WY. Check availability for the specific applicant state before quoting.
What types of accounts are a good fit for placement with Assurity?
Good fits include small to mid-sized employers offering voluntary worksite benefits and individuals seeking supplemental hospital cash protection. This product is less appropriate for cases needing long-term institutional care or comprehensive medical expense reimbursement.
Need help placing an account? Connect with a market specialist.