Accident insurance covers the costs associated with unexpected injuries due to an accident, such as a car accident or a bad fall. For many, this is a huge benefit to add to their existing coverage, providing them with peace of mind knowing that they are covered in the event of an unexpected accident.
When an employee, their spouse or child has a covered accident, like a fall from a bicycle that requires medical attention, you can receive cash benefits to help cover the unexpected costs. Accident benefits help cover related expenses like lost income, child care, deductible and copays; while health plans cover the direct costs associated with an accident.
Accident insurance benefits can be used however the insured would like and it pays in addition to any other coverage an employee may already have. Benefits are payable directly to the employee. Many accident policies require no health questions nor do they exclude pre-existing conditions. Typically, plans offer child coverage to age 26.
Are You Considering Voluntary Benefits for Your Company?
eBen takes genuine pride in assisting clients with their employee benefits needs. Whether you need to discuss your needs for voluntary accident insurance and find a carrier or have a plan already and need administrative solutions, eBen has you covered. Give us a call today to get started.