In the event that you get injured or sick, accident and sickness insurance can be very helpful. You may use the payout to help cover a variety of expenses and focus on your recovery. Keep reading to find out what accident and sickness insurance is and how it works so you can decide if it makes sense for your unique situation.
Accident and sickness insurance is designed to help support you financially if you’re unable to work after a covered injury or illness. As long as you pay your premiums, you’ll receive cash benefits to put toward medical and non-medical out-of-pocket expenses that you might face.1 This type of policy can help give you some peace of mind when a new, unexpected accident or injury pops up.
Aflac’s accident insurance offers affordable coverage to individuals and groups. You can enroll quickly and customize your plan to meet your particular needs.
Don’t wait until it’s too late. Help cover yourself and your family with affordable coverage from Aflac.
You can use the cash benefits to pay for medical and non-medical expenses, such as:
Fortunately, accident and sickness insurance is usually affordable, especially when you compare it to other types of policies. Depending on the plan you have, monthly premiums may range from $4 to $50.2 Factors like the insurance company, type of coverage, and number of people covered will all play a role in the cost. You can get an accident insurance policy from Aflac and enjoy low premiums.
After you sustain an accident or sickness, your primary health insurance will help cover some treatment costs. But there’s a good chance you’ll be left with out-of-pocket medical expenses, as well as a variety of non-medical expenses. Accident and sickness insurance is intended to complement your primary health plan and provides cash benefits you can apply toward any costs you’d like.
You might want to invest in accident and sickness insurance if any of these situations apply to you:
The reality is that an accident or sickness can happen at any moment. An accident and sickness policy can protect you financially in case the unexpected occurs.
If you have children that are prone to accidents, accident and sickness insurance may come in handy. It may help you avoid the high out-of-pocket expenses you might face as a parent.
While living an active lifestyle comes with many benefits, it also increases your risk of accidents. If you consider yourself active, accident and sickness insurance can provide you with peace of mind.
Your primary health insurance plan won’t cover all the expenses that an accident or sickness may bring. An accident and sickness policy can help reduce the out-of-pocket costs you may incur without breaking the bank.
Ideally, you’d never experience an accident or illness. Since this is unlikely, however, accident and sickness insurance should be on your radar. It’s an affordable way to help protect yourself from hefty out-of-pocket expenses.
With Aflac’s accident insurance, you can collect cash benefits after a covered accident and injury. This may alleviate financial stress and allow you to direct your attention toward recovery. Start chatting with an agent today for more information or a quote.
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1 Experian - What is Accident Insurance? Updated January 12, 2021. https://www.experian.com/blogs/ask-experian/what-is-accident-insurance/. Accessed May 3, 2023.
2 Investopedia - Best Personal Accident Insurance. Updated June 24, 2022. https://www.investopedia.com/best-personal-accident-insurance-5077419. Accessed May 3, 2023.
Content within this article is provided for general informational purposes and is not provided as tax, legal, health, or financial advice for any person or for any specific situation. Employers, employees, and other individuals should contact their own advisers about their situations. For complete details, including availability and costs of Aflac insurance, please contact your local Aflac agent.
Accident (A37000 Series) - In Arkansas, Policy A37000AR. In Delaware, Policies A371AA & A371BA. In Idaho, Policy A37000ID. In New York, Policy NY37000. In Oklahoma, Policy A37000OK. In Oregon, Policy A37000OR. In Pennsylvania, Policy A37000PA. In Texas, Policy A37000TX. In Virginia, Policies A371AAVA & A371BAVA.
Aflac coverage is underwritten by American Family Life Assurance Company of Columbus. In New York, coverage is underwritten by American Family Life Assurance Company of New York.
Tier One Coverage
Accident (T37000 Series) - In Arkansas, Policy T37000ARR. In Delaware, Policy T37000. In Idaho, Policies T37100IDR, T37200IDR, & T37300IDR. In Oregon, Policy T37000OR. In Oklahoma, Policy T37000OK. In Pennsylvania, Policies T37000PA, T37300PA, & T37500PA. In Texas, Policy T37000TX.
Tier One coverage is underwritten by Tier One Insurance Company.
Coverage may not be available in all states, including but not limited to DE, ID, NJ, NM, NY or VA. Benefits/premium rates may vary based on state and plan levels. Optional riders may be available at an additional cost. Policies and riders may also contain a waiting period. Refer to the exact policy and rider forms for benefit details, definitions, limitations and exclusions.
Aflac’s family of insurers include Aflac, Aflac New York, Continental American Insurance Company, and Tier One Insurance Company.
Aflac WWHQ | Tier One Insurance Company | 1932 Wynnton Road | Columbus, GA 31999.
Aflac New York | 22 Corporate Woods Boulevard, Suite 2 | Albany, NY 12211