Accident Insurance

Accident insurance is a supplemental policy that can help cover expenses your primary insurance doesn’t cover if you suffer a covered accident. With this type of policy, you can receive cash benefits to help pay for various costs, such as an ambulance ride, intensive care costs, and therapy charges.

Accident insurance helps cover the unexpected out-of-pocket costs that arise after an injury, such as hospital stays, emergency treatments, and transportation, effectively bridging gaps in your existing health coverage. It often includes benefits for specific injuries like burns or broken bones and provides an accidental death payout to your beneficiary.

Accidents are unpredictable and costly. While primary health insurance helps, rising premiums (up 7% last year, 22% in five years for families) mean significant out-of-pocket expenses for unexpected injuries. Supplemental accident insurance provides an essential layer of coverage, bridging these financial gaps.

Accident insurance is surprisingly affordable, often costing less per week than a box of bandages. Its low premiums offer significant long-term savings, making it a valuable addition to your financial protection.

Yes, accident insurance is specifically designed to cover out-of-pocket expenses from a covered accidental injury, such as hospital stays, medical exams, and emergency treatments. This financial assistance can be crucial if you cannot cover these costs upfront.

There are many reasons why it may be wise to invest in accident insurance. These types of policies can help cover a wide span of accidental injuries that could prevent you from being able to work. In addition, an accident insurance policy can make sense if you lead an active lifestyle that involves activities like skiing or rock climbing, have children, or don't have or want to use emergency savings to pay for accidents.

One of the greatest perks of accident insurance is that there is no waiting period like with other types of insurance policies. This means that you don't have to wait a certain amount of time before your coverage goes into effect, so you can file claims immediately after a covered accident occurs.