Voya Financial, Inc. announced that it has enhanced its critical illness insurance offering to help employers meet the evolving financial wellness needs of their employees. The enhancements come at a time when, as a result of the COVID-19 pandemic, concerns of getting sick and possibly being out of work or incurring unexpected medical costs have become a focus for American workers and they are increasingly looking to their employer for solutions. Voya’s critical illness insurance pays a lump-sum benefit upon the diagnosis of a covered illness or condition, such as a heart attack, cancer or stroke. This benefit can be used for out-of-pocket medical costs, as well as household expenses like paying rent, utilities or mortgage.
Voya Financial, Inc. is a provider of workplace benefits and savings solutions and technologies. Wealth Solutions segment provides retirement plan solutions and administration technology and services to employers. Its products and services include full-service and recordkeeping-only defined contribution plan administration; stable value and fixed general account investment products; and services to promote the financial well-being and retirement security of employees. Health Solutions segment provides worksite employee benefits, Health Account Solutions, leave management, financial wellness and decision support products and services to mid-size and large corporate employers and professional associations. Investment Management segment serves both individual and institutional customers, offering them domestic and international fixed income, equity, multi-asset and alternative investment products and solutions across a range of geographies, investment styles and capitalization spectrums.
VOYA FINANCIAL, INC. 
