We have all heard the age-old saying “accidents happen” well they do. Just imagine that you are going about your everyday life. Going to the grocery store, to a meeting at work, or the park playing with your little ones. Then something unexpected happens that causes you to break your arm or leg, lose a limb, or get into a car accident. Accidents can happen anywhere. Imagine this, you are at home relaxing, cooking a simple meal when you accidentally burn yourself, and you go from a relaxing evening at home to being surrounded by doctors treating your first degree burns if that doesn’t kill your mood the bill for the cost that was not covered by your health insurance sure will. The bottom line is the real reason you need Accidental Insurance, or any other coverage is to safeguard yourself against the uncertainties that life throws at you and to do so in a financially savvy way.
Peace of mind with Accidental Insurance
Now that you find yourself unable to work due to your accident. Feeling as though your back is up against the wall with no solution to your problems. You cannot pay your mortgage or rent, pay for utilities, or even put food on the table for you or your family. Which is not a good feeling at all for anyone. With an accidental plan, you would receive a benefit payout that would cover your financial needs. Wouldn’t you like having a peace of mind knowing that if something were to happen your finances would not suffer? All because you have an accidental plan.
Don’t wait another minute and risk the chance of something happening without having accidental coverage in place. Remember that anything can happen whether you are at home or out braving this dangerous world. Fill out the below form to speak to a licensed agent to get your coverage started.
Benefits of having Accidental Insurance
Accident insurance can help with medical expenses as well as out of pocket costs. In the event, something were to happen to you a lump sum payment would be paid out to you so that your expenses would be covered. These expenses could range anywhere from covering medical care such as a ride in the ambulance, emergency room visits, surgeries, x-ray exams, and hospital stays. Besides, most people don’t think about additional expenses such as needing physical therapy due to your injuries which may not be covered by your health insurance plan. Also, accident insurance can help with paying for everyday essentials including your mortgage/rent, car payment, light bill, phone bill, and keeping food on your table.
To qualify for an accident insurance payout, you would typically have to sustain any injuries listed below:
Loss of limbs
Note: It would be beneficial to purchase an accidental plan for your child(ren) as well. If your child(ren) are involved with a multi-sports program that is set towards kids having fun, playing games, and physical activities such as gymnastics, football, baseball etc.
Benefits of having Accidental Death & Dismemberment(AD&D)
If your accident resulted in your death, the benefit amount of your coverage would be paid out to your named beneficiary. It could be your spouse, children or whomever you choose. This benefit could also ease your worries in regards to your family. With death comes the loss of an income and with having an accidental plan in place, this could help your family stay afloat during that transitional period.
What accidents/injuries typically fall under this category are listed below:
Death due to an accident
Loss of limb(s) or extremities
Loss of vision, hearing, and/or speech
Paraplegia (paralysis of lower body)
Quadriplegia (paralysis of all four limbs)
Hemiplegia (paralysis of one side of the body)
What is the average cost?
The cost of injuries such as these when in the care of a hospital can range anywhere from $50 up to $20,000 maybe more depending on how severe your damage is. That is where the benefit of having accident insurance comes into play. On average close to 40 million people a year end up in the hospital due to an accident that does not result in death. Average monthly payments for an accidental plan can range anywhere from $20 up to $55 depending on the benefit amount you are looking for, your age, and if you are healthy. For example, the average cost of a broken arm or sprained ankle without coverage is about $1500 to $3500* and more. For a small monthly payment, it can save you thousands of dollars in the long run.
Let’s be honest the reason you need accidental insurance is that an accident can happen anytime, anywhere, anyplace it does not matter who you are or what you do for a living. At the end of the day wouldn’t you as a person feel just a little bit better knowing that if something were to happen, you could still provide for yourself and your family while you recover from the injuries that you sustained? That is what we here at Coverage One Insurance Group can help you with. We are an expert brokerage company which means we can save you time and money by helping you get the right coverage to suit your needs. We take pride in helping each of our clients maximize their coverage at the best rates available for yourself and your family. Fill out the below form to speak to a licensed agent to get your coverage started and your family protected.
*Medical costs vary by location