Accident insurance
Accidents can happen to anyone, but everyone deserves a smoother path back to normal. If a covered accident happens to you, accident insurance helps you protect your finances by providing a benefit payment for anything from the common sprain , dengue fever and even your child HFMD (Hand, foot, and mouth disease).
Accident insurance basics
Who is accident insurance for?
It’s for people who want help with extra expenses when an accident happens to themselves or a covered family member. The benefits can help you focus on recovering from injury instead of worrying about finances.
What does accident insurance cover?
Accident insurance provides benefits if you suffer a covered accidental injury like a severe burn, broken bone, or have to visit an emergency room. It will also cover the diagnostic testing needed to determine if your bone is broken — like for an X-ray. The fixed benefit payment goes directly to you, not the hospital or medical provider.
Why should I consider accident insurance?
It can be a great complement to your medical coverage that helps pay for expenses that can happen with an unexpected accident, including X-rays, ambulance services, and deductibles. You can even use it for traditional medical expenses like TCM.
Accidents happen. Accident insurance helps them hurt a little less.
Get coverage for you and your family
Don’t have accident insurance from work? No problem — we have individual plans starting at $8 a month.
For employers
Offer accident insurance coverage to employees as a way to protect finances after unexpected medical needs.
Why consider having accident insurance?
Accident insurance benefits can cover everyone in the family, and you don’t need a medical exam to get coverage. Depending on the plan, you may be able to get extra benefits for covered children injured while playing an organized sport like soccer, baseball, lacrosse, or football. There may also be valuable benefits for wellness, common diseases, and more — all for about the cost of a latte a day.
Combine with other supplemental insurance for more complete protection
Accident insurance plans can pay benefits for covered injuries and accidents, but other health and medical issues can also impact your finances. That’s why certain plans also offers other types of supplemental health insurance — including hospital indemnity insurance, cancer insurance, and critical illness insurance.
FAQ
Top questions about accident insurance
It’s a type of supplemental health insurance that provides financial protection in the event of an accident. It can help cover unexpected medical expenses and other costs that can come about as a result of the accident, such as out-of-pocket costs, transportation services, and so on. An accident insurance will typically provide coverage for a wide range of accidents, including those that occur at home, or while participating in sports or other recreational activities (although it's important to note that actual benefits vary by insurance company and specific plan). Benefits are paid directly to you — not the medical provider — and amounts vary depending on the nature of the accident and the specific terms and conditions of the plan. It's important to note that like other supplemental insurance plans, accident insurance is not a substitute for regular health insurance coverage, nor can it take the place of short-term health insurance while traveling abroad.
Accidents are always possible, especially if you live an active lifestyle — and bills from an accidental injury could add up very quickly. It's extra protection that can possibly prevent the need to dip into emergency savings or go into debt to pay for the things you need to recover. That can help protect your long-term financial wellness. Some accident policies may also cover accidental death to supplement other life insurance benefits, and when offered as a voluntary benefit at work, you’ll also benefit from group rates that help make this coverage even more affordable.
While an accident insurance plan pays benefits in the event of an accident, other types of medical issues are typically not covered. For example, personal accident insurance plans aren't designed to pay benefits for illnesses and chronic medical conditions. However, other types of supplemental health insurance can cover many issues not covered by accident insurance plans. For example, critical illness insurance pays benefits for issues like stroke, heart attack, and many other types of medical conditions, and cancer insurance pays benefits for cancer diagnoses — but it's important to read the terms and conditions of each policy carefully to understand what is and isn't covered.