Product features

Not all major medical plans pay for costly tests like colonoscopies and mammograms. Supplemental health products may include wellness options to cover a variety of screenings ordered by your doctor. At Washington Nationa,l we’re proud to feature a variety of wellness options.

One of the best advantages of our supplemental insurance products is that they pay cash benefits directly to you, or someone you designate. You get to decide the best use of your cash benefits. You may need the money to pay healthcare bills that aren’t covered by your major medical—or to replace lost wages, pay your living expenses, or arrange for needed transportation or childcare during treatment.

Many of our supplemental policies have a “first occurrence” benefit. When you’re first diagnosed with a critical illness (such as cancer) you get a fast lump-sum payment. Money is delivered to you as quickly as possible—so you can focus on your care, not on the cost.

Indemnity benefits are specified maximum dollar amounts that will be reimbursed to you for covered medical services you receive, such as a hospital stay. Indemnity benefits ensure that money is paid to you as long as you receive treatments.

Life insurance is designed to provide your loved ones a cash benefit if you pass away. The money can be used to replace your income, cover living expenses, pay off debts, fund college for your children and much more.

Washington National offers several kinds of life insurance. Our term policy includes a death benefit that pays if the insured person dies during the stated term period. Our whole life policy has guaranteed level premiums and a lump-sum benefit to cover final expenses—along with a cash value for peace of mind.

A universal life policy lets you build cash value tax-deferred. You can cover yourself for a few dollars a week and add coverage for your family, too. Our indexed universal life policy gives you several ways to grow your cash value, including an option that's linked to the S&P 500^®. ^{2, 3}