You can’t predict the future, but you can prepare yourself for it. From paralysis to chipped teeth, accident protection helps you pay for unexpected events.
Accident insurance pays benefits directly to you when you are injured or to your beneficiaries if the accident results in death. There are no medical exams or health requirements to apply for accident protection, and you can receive benefits within days of approval.
If you are injured as a result of a qualifying incident, you can file a claim, and the insurance company will give you cash to spend how you choose. The insurance company will give you cash benefits related to your injury and save you from out-of-pocket costs. This money can be used to cover medical expenses like hospital bills as well as daily living expenses like childcare or rent that are difficult to cover when you aren’t working. Typically, the bigger the incident, the bigger the payout will be.
Some examples of what accident insurance can cover are:
- Hospital stays
- Medication and Pain Management
- Family Support
- Mortgage Payments and Rent
- Final Expenses
Accident insurance can be complimentary to existing health or life insurance as supplementary coverage. Unlike life insurance, accident protection will help you pay for injuries and resulting disabilities, not only death. As long as you pay your premiums, the cost cannot increase as you age or develop other health conditions.