What Is Group Critical Illness Insurance? 
Group Critical Illness insurance is coverage sold to or through businesses so that the employees can receive payment if they develop a health condition covered by the policy . The employer can pay the premium and provide the coverage as a benefit , or the employee can pay the premium and take the policy with them when they leave that job . The policy pays a lump sum to the employee if they are diagnosed with one of the qualifying illnesses . There may be a survival rate requirement in order to receive the benefit . 