An accident can be disruptive to daily life, both physically and financially. Whether you, your spouse, or your children suffer an injury from a sports activity or do something as simple as falling off a bike, accident coverage will ensure you and your family are prepared for the unexpected.
Accident insurance is supplemental to your primary health plan and helps you pay for out-of-pocket medical and non-medical costs from an accident or injury. Accident insurance provides lump-sum cash benefits that are paid directly to you, and not the doctors and hospitals, on an indemnity basis.
Accident Insurance Highlights
- Pays cash directly to you
- Pays an accidental death benefit
- Can be used to cover medical and non-medical expenses
- Pays in addition to any other insurance you may have
- Available for individuals, spouses, and dependent children
- Wellness benefit included for covered preventive tests
- Policy is guaranteed renewable as long as premiums are paid on time
A Note About Obamacare Requirements
You must note that accident insurance as well as critical illness insurance plans are not major medical health insurance products. This means that these plans do not protect you from federal tax penalties for failing to have health insurance as specified under the Affordable Care Act (ACA). In fact, accident and critical illness coverage plans do not carry the minimum required health benefits that major medical health insurance products have.
Find Affordable Accident Plans
A&B Insurance and Financial can get you the best Accident Insurance plans according to your individual needs, circumstances and budget. Contact one of our licensed agents today to ensure that you are covered for any accidents that may occur.
