Supplemental Accident Coverage

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Accidents happen and life can change in an instant. An accidental injury can leave you with large medical bills that your health insurance doesn’t fully cover. Our agents understand your needs and know how important it is to be supported when the unexpected happens. BiG will help ease the burden of these medical out-of-pocket expenses by helping you with a customized supplemental accident plan.

What Is Supplemental Accident Insurance?

No matter how careful you are, accidents can happen. Your health insurance plan will only pay for so much, and the rest is your responsibility. This is where supplemental accident coverage can help. Supplemental insurance not only helps pay your out-of-pocket medical bills, but it can also be used for living expenses.

How It Works

If you’ve been injured in an accident, you may not be able to work or pay your bills. The coverage that supplemental accident insurance provides can protect you from falling into debt if you can’t work. As with most insurance policies, you pay a monthly premium and, if you are in an accident, you will receive a cash benefit that can be spent on anything it is needed for.

What Is & Isn’t Covered

You can claim your benefits as long as you are injured due to an accident. Even sport injuries are covered, as long as the sport in question is not considered high-risk, like skydiving. Some companies will not cover skiing or snowboarding, so make sure to check the details of the plan. You will not be covered if your injuries are due to:

  • Sickness
  • Reckless activities
  • Self-inflicted injuries
  • Committing a crime
  • Being under the influence of drugs or alcohol

Injuries that were sustained before you bought the plan will also not be covered.

Benefits

Even if your health insurance plan covers 100% of your accident, you can still claim the benefits from your supplemental plan. Some other benefits of supplemental accident coverage are:

  • Coverage begins immediately- no waiting around for a week or two before benefits kick in.
  • Benefits are paid directly to you and not to a healthcare provider.
  • You own the policy, so if you switch jobs, you can take it with you.
  • Premiums do not increase as you age.
  • No network restrictions.
  • 24/7 protection.
  • There is no penalty for claims; you can enter as many claims as you want without worrying about a reduction in benefits, or rise in your premiums.

The Costs

Accident insurance can cost anywhere from $5 to $50 a month. Premium prices depend on the type of plan you choose and how much coverage you want. Paying a small monthly amount is worth the financial protection you get from supplemental accident insurance.

Learn More and Secure Your Coverage Today

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