Add Another Layer of Protection to Your Benefits

Accidents are unpredictable, but group accident insurance can help alleviate the financial burden that often accompanies an injury. With millions of people seeking medical care for injuries each year, costs such as ambulance charges, emergency room copays, deductibles, and co-insurance can quickly add up.

How Does Group Accident Insurance Work?

Group accident insurance plans typically provide a lump-sum payment when an accident occurs. The amount can be determined by the type of injury, the treatment provided, or a combination of both. Employees can use these funds to cover medical expenses or other needs like child care and transportation. The payment is generally made regardless of the remaining out-of-pocket expenses after health insurance coverage.

What Additional Riders are Available?

Many group accident insurance policies offer additional riders to better meet your employees’ needs. These can include benefits for remaining accident-free for a period, wellness benefits for preventive care, hospital confinement coverage, and accidental death and dismemberment (AD&D).

Common riders include:

– Accidental Death and Dismemberment (AD&D)
– Hospital Confinement
– Disability

Are There Increased Payouts for Child Athletes?

Children, especially those participating in organized sports like football, soccer, and lacrosse, are more prone to accidents. Many group accident plans provide higher benefits for injuries sustained by children while playing sports.

Interested in Group Accident Insurance for Your Employees?

Considering adding group accident insurance coverage to your suite of employee benefits? Contact us to find out more and explore your options.