Liferaft vs. SureBridge – A Supplemental Insurance Comparison

Looking for supplemental insurance? We'll take a detailed look at both Liferaft and Surebridge policy offerings side-by-side to help you make the best decision for you and your family.

July 21, 2022

Who offers the better coverage? Liferaft vs. Surebridge

Supplemental insurance may not be something most people consider when thinking about health insurance, but it should be! There are many benefits to pairing supplemental insurance with your major medical plan, like receiving cash for hospital stays due to sickness, accident, or a critical illness diagnosis. The money you receive can be used however you like. 

There are various supplemental insurance carriers across the country, but this article will compare two specific carriers, Liferaft vs. SureBridge. Each company offers its own versions of Hospital, Accident, and Critical Illness policies. Both have valuable benefits but essential differences in price, availability, and coverage details.

Accident Supplement Insurance

There are several differences between these two policies, but the ones that stand out the most are the issue ages and benefit structures. 

Individuals who purchase Liferaft’s Accident Supplement insurance must be 18 years or older, and there is no termination age. SureBridge’s Accident Direct insurance has an issue age of 0-63, and the policy will terminate at age 65.

Liferaft’s Accident Supplement insurance is a reimbursement indemnity. So if you have an accident and seek medical care at the hospital or ER, any expenses paid for out of pocket will be reimbursed directly to you, as long as it doesn’t exceed the benefit amount chosen. 

SureBridge’s Accident Direct insurance pays benefits to you in a lump sum, but depending on the number of days spent in the hospital, you will only receive a percentage of the benefit. See the chart below for further details. 

SureBridge Accident Direct Benefit Schedule

Hospital Supplement Insurance

With Liferaft, you have two different options of Hospital Supplement insurance, while SureBridge offers only HospitalWise insurance. All three policies have similar termination ages, ranging from 65-70 and all have a daily payout structure. 

There are critical differences in the policies' payout structures and state availability. SureBridge’s HospitalWise has specific periods of confinement which are 3, 6, 10, 21, 180, or 365 days, and the payouts range from $50-$1,000 per day. This policy is underwritten and available in 27 states which you can view in the comparison chart above. 

Liferaft’s first option for Hospital Supplement insurance offers three benefit levels $200, $350, and $500 per day with a confinement period of 365 days. It’s a guaranteed issue policy and is available in 23 states. 

Liferaft’s second option for Hospital Supplement insurance offers one benefit level. You will receive $500 per hospital admission and $100 for the days following. There is a 60-day maximum confinement period per year. This Hospital Supplement insurance is guaranteed issue and is available nationwide.

Critical Illness Supplement Insurance

Liferaft offers two different variations of Critical Supplement Insurance. Surebridge Critical Supplement policies include their CancerWise Plus and HeartWise products, which can be combined, purchased separately, or with optional additional riders to cover specific illnesses. 

These options payout in lump sums and have termination ages ranging from 65-70. But precisely what they cover, at what cost, and to who is where they differ. 

SureBridge’s CancerWise Plus pays out 100% for invasive cancer and partial benefits for some other cancers. SureBridge HeartWise pays out 100% for heart attack and stroke. The benefit amounts range from $10,000-$100,000. Both these products require underwriting and are available in 27 states (listed above).

All of Liferaft’s Critical Illness Supplement insurance options are guaranteed issue and start at a more affordable price point.

Liferaft’s first Critical Illness insurance option offers a Cancer or a CancerPlus policy. The Cancer Policy pays out 100% for malignant tumors, as well as partial benefits paid for earlier stages of cancer. The CancerPlus policy includes cancer, heart attack, stroke, and coronary bypass surgery coverage. These plans offer four tiers of coverage of $5,000, $10,000, $15,000, and $30,000. 

Liferaft’s second Critical Illness insurance option offers two types of coverage, Cancer-Only and Critical Illness. The Cancer-Only policy will payout a lump sum based on the type of cancer diagnosis with a recurrence benefit included. The Critical Illness policy covers a broader set of conditions such as cancer, heart attack, stroke, kidney failure, and organ transplant, and also includes a recurrence benefit. These plans offer three tiers of coverage of $10,000, $20,000, and $30,000. 

Sign Up for Liferaft Today

Liferaft's affordable products protect you and your family from unexpected, out-of-pocket healthcare costs. Visit to learn more about each of our policies' pricing, how they work, and benefit coverage. You also have the option to create a quote for yourself which takes less than 2 minutes to complete!

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