Supplemental Accident Insurance Guide

As much as we try to prepare for and avoid accidents they can and do happen.

Unfortunately, they are usually followed by medical bills at a time when you are unable to earn an income.

To make matters worse, if the recovery period happens to be a lengthy one, then that time off work may equate to a few weeks without pay

Things aren’t as grim if you’ve been paying into a supplemental accident insurance policy.

Find out more about why you may need to consider a supplemental accident insurance policy below.

What is Covered by Accident Insurance?

Depending on your choices and options there is coverage for almost all types of accidents which can occur in or around the home, or while you are out in the neighborhood.

If you fall off a ladder, have an accident on your bike, or you have a slip in the shower, then you should be covered under most policies.

However, with exclusions and options, policies can vary significantly but a few of the most common coverages include:

• Accidental death
• Dismemberment (toes, fingers, hands, feet, and eyes)
• Dislocations
• Fractures
• Lacerations
• Burns
• Ongoing aid for wellness checks up to $60 per year.

Is Accident Insurance the Same as Disability Insurance?

The two types of cover share some similarities, but they are not the same.

Accidental insurance will pay out a lump-sum settlement that is designed to help you pay for the cost of treatments and recovery solutions.

Disability insurance is designed to replace most or a portion of your income if you are going to be off work for a lengthy period while you are temporarily disabled.

There are two types of disability insurance; short-term and long-term disability

How Much Does Accident Insurance Cost?

It’s impossible to pin down an exact price for supplemental accident cover because there are so many variables to consider.

The best way to find out an exact figure is to arrange for a number of quotes from a few different insurance providers.

Once your situation is taken into account then you will receive a precise dollar value for an insurance policy that is tailored made for your circumstance.

You can save a lot of money every year by applying for the right type of coverage and not paying insurance that you will never need.

What is Covered Under Personal Accident Insurance?

Personal accident insurance covers the insured individual for a range of life events that can cause financial hardships and even death, which will help ensure your family is well taken care of in the event of your demise and are no longer able to rely on your income.

Other situations covered by personal accident insurance include total or partial disability coverage should your accident prevent you from working for a few weeks, or permanently disable you such as through the loss of a limb.

Most serious accidents will require a hospital stay, or ongoing medical bills. Personal accident insurance will help you cover your expenses in these instances.

Here’s What To Do Now

Ready to protect yourself against an accident and the possibility of being out of work?

Give yourself the peace of mind knowing that you are protected in case of an unexpected accident.

Click here to get your free quote for supplemental accident insurance.

We act as your personal shopper to compare the top accident insurance policies and see which one is the most beneficial for you.

This does not cost you a penny more for your new policy.  

Take advantage today by clicking here.